Banks across India will remain closed on select days this week between April 27 and May 3, including May 1 for Maharashtra Day, Labour Day and Buddha Pournima, along with the Sunday weekend break. According to the Reserve Bank of India's (RBI) official holiday calendar for 2026, customers will see closures linked to Maharashtra Day, Labour Day, Buddha Pournima and other regional observances. May 1 will see banks shut for Maharashtra Din, Buddha Pournima, May Day (Labour Day), and the Birth Anniversary of Pandit Raghunath Murmu, followed by the usual Sunday holiday on May 3, resulting in two non-working days within the week.
While physical branches may remain shut, digital banking services will continue to function as usual. Customers can still use mobile and internet banking, make UPI payments, and withdraw cash from ATMs. As reported by ABP Live, unless otherwise notified, most digital services operate without interruption even on holidays. The RBI declares bank holidays under the provisions of the Negotiable Instruments Act, which governs transactions such as cheques and promissory notes, with such transactions not processed on notified holidays.
The RBI has listed a total of 13 bank holidays in May, including weekends and regional holidays observed by public and private sector banks, including the State Bank of India (SBI). According to ABP Live, some of the key dates include May 9 - Birthday of Rabindranath Tagore, May 16 - State Day, May 26 - Birthday of Kazi Nazrul Islam, and May 27-28 - Eid-Ul-Adha (Bakri Eid) and Id-ul-Zuha. In addition to these dates, banks will also remain closed on all Sundays, as well as on the second and fourth Saturdays (May 9 and 23).
Closures may vary slightly across states depending on local observances, making it advisable for customers to check with their respective bank branches. As reported by ABP Live, May 2 (Saturday) will remain a working day, as banks operate on the first, third and fifth Saturdays of the month unless a specific holiday is announced. Customers are advised to plan banking activities in advance, especially if they need branch services such as cheque clearance or documentation, since holiday schedules can differ by state and region.
