Maharashtra Day, Buddha Purnima and Labor Day celebration will mark the first day of the month of May. In the midst of these festivities, the question of Fr
Is Buddha Purnima a public holiday?
Yes, Buddha Purnima is a celebrated holiday in India. This means it is a public holiday for central government offices, banks and most state government offices across the country.
What is open and closed on May 1st?
Due to the Buddha Purnima festival, schools, colleges, other educational institutions, public institutions and many private businesses will remain closed on the occasion of Lord Buddha’s birth anniversary.
Banks closed on May 1st?
In view of the celebrations of Maharashtra Din, Buddha Purnima, Labor Day and Pandit Raghunath Murmu’s birth anniversary, banks across India will remain closed except in some states. HDFC, ICICI, SBI and other banks in Meghalaya, Nagaland, Rajasthan, Sikkim, Punjab, Haryana, Odisha and Gujarat will open on the first day of the month, which is Friday, according to the Reserve Bank of India (RBI) holiday calendar.
Will digital banking services work on public holidays designated by RBI?
Even on public holidays, internet banking, SMS banking and WhatsApp banking services will be available to account holders and registered bank customers who conduct financial and non-financial transactions.
Account holders and registered bank customers will be able to use internet banking, SMS banking and WhatsApp banking services for financial and non-financial transactions on all days regardless of public holidays. Online transactions such as bill payments, mobile recharges, fund transfers for prepaid phone recharges or hotel, flight and train bookings can be carried out as usual.
If no bank informs its customers about the suspension of online services (usually due to maintenance), consumers can access digital and internet banking services like UPI and NEFT, including spending analytics and account balance enquiries, throughout the year.
Is stock market open on maharashtra day?
As per National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) holiday calendar, May 1, Friday, will be a business holiday due to Maharashtra Day. There will be no trading of shares, share derivatives or SLB on these days.
Services that will remain open and operational on May 1
Transportation: Public transport including buses, trains and the metro will operate as usual.
Shops and restaurants: Restaurants, most retail stores and shopping centers will operate as normal.
Essential services: Emergency services such as hospitals and pharmacies will remain unaffected by the bank holiday.
Time of Buddha Purnima muhurat
Buddha Purnima also known as Buddha Jayanti is celebrated in the month of Vaishakha. This day celebrates the birth, enlightenment and passing away (Mahaparinirvana) of Gautama Buddha, the spiritual teacher who founded Buddhism. This year will mark the 2588th anniversary of the birth of Gautama Buddha.
Purnima Tithi Starts – April 30, 2026 at 5:42 PM
Purnima Tithi ends – 7:22 PM on 1 May 2026
Maharashtra Day and Labor Day
Maharashtra Day commemorates the creation of a separate state and the division of the former state of Bombay into Maharashtra and Gujarat. The state of Maharashtra came into existence on 1 May 1960 after the passing of the Bombay Reorganization Act. Meanwhile, Labor Day is an annual celebration of the labor movement that advocated eight hours of work, eight hours of recreation and eight hours of rest.
