Maharashtra Day 2023: Are banks closed on this day? Check out details here

Maharashtra Day 2023, Maharashtra bank holiday: Public and private sector banks will remain closed on Monday, May 1 on the account of Maharashtra Day/ May Day as per the Reserve Bank of India’s (RBI) bank official holiday calendar. Maharashtra Day is celebrated every year on May 1 to commemorate the formation of the state in India on this day in 1960. The state was formed after the division of the Bombay State.

Maharashtra bank holidays in India 2023

Banks in Belapur, Bengaluru, Chennai, Guwahati, Hyderabad - Andhra Pradesh, Hyderabad - Telangana, Kochi, Kolkata, Mumbai, Nagpur, Panaji, Patna, and Thiruvananthapuram will remain closed.

However, one needs to note that bank holidays differ according to states and regions as some holidays are observed as nationwide public holidays while others are treated as local holidays.

Hence, it is advised to visit the bank branch accordingly for any bank-related important work next month.

Bank holidays in May 2023

Banks will remain closed for 6 additional days including the second and fourth Saturdays and all Sundays.

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