Bank Holidays in Maharashtra 2025 & 2026

Holiday on May 1 for Maharashtra Day

In Maharashtra, May 1, is celebrated as Maharashtra day or Maharashtra divas. On this day in 1960, the state was divided from Bombay.

It is worth watching the parade at Shivaji park on this day. Alcohol sale is not allowed on this day. If you are in Mumbai you should watch the parade st the park. All government establishments are closed on this day. 

Is all the bank holidays in Maharashtra, public holidays in India?

No, not all bank holidays in Maharashtra are public holidays in India. There will be few regional holidays and few holidays which are holidays only for banks.
Those holidays are as follows.

First, we have taken second and fourth Saturdays into consideration. There are few corporate companies and businesses which gives holiday on every Saturday. But when it comes to government offices and educational institutions,iIt is not a public holiday in Maharashtra on fourth Saturday for government offices and educational institutions., it is a working day.

Up to 2015, Banks used to have holiday for second Saturdays and the remaining Saturdays were half-days. But from September 2015, it was declared by the central government that second and fourth Saturdays are holidays and remaining Saturdays is full day working days.

The other holiday which only banks have is Annual Closing of Bank Accounts day which is on April 1st of every year. Technically this day is not a holiday for bank employees as well. On this day banks will be working, But customers are not allowed to visit the bank and do transactions. Excluding banking by visiting the bank all forms of bankings are possible on this day. So bank holidays in Maharashtra are quite a few.

Will NEFT work on Bank Holidays in Maharashtra?

There is a different set of bank holidays for NEFT (National Electronic Funds Transfer) and RTGS (Real-time gross settlement) which is released by the RBI (Reserve Bank of India)
every year and one can visit RBI website to have a look at these holidays.

These holidays will be different every year. The reason for this is, few festivals which are RTGS holidays don't come on the same date every year. As the festival dates are decided as per their respective religious calendar and the dates differ from the Georgian calendar we generally use. Those bank holidays in Maharashtra are:

1) Republic Day
2) Annual Closing of Banks
3) Good Friday
4) Dr. B. R. Ambedkar Jayanti
5) Ramadan/ Id-Ul-Fitr
6) Independence Day
7) Id-Ul-Zuha (Bakri Id)
8) Dussehra/ Vijaya Dasami
9) Mahatma Gandhi Jayanti
10) Christmas

1) Republic Day - As Republic Day comes on the same date every year. So January 26 is RTGS holiday every year. This day is a Gazetted Holiday in Maharashtra.

2) Annual Closing of Banks - Annual Closing of Banks comes on the same date every year. So it is clear that April 1st is RTGS holiday every year.

3) Good Friday - Good Friday date is decided as per some guidelines in Christianity so date changes every year. So RTGS holiday is on the different date every year.

4) Dr. B. R. Ambedkar Jayanti - Dr. B. R. Ambedkar Jayanti is on April 14th. So on this, it is a RTGS holiday every year.

5) Ramadan/ Id-Ul-Fitr - Ramadan is celebrated as per the Islamic calendar and the date changes every year. This RTGS holiday is on a different date every year.

6) Independence Day - Every year August 15th is a RTGS holiday. This day is a Gazetted Holiday in Maharashtra.

7) Id-Ul-Zuha (Bakri Id) - Id-Ul-Zuha is celebrated as per the Islamic calendar and the date changes every year. This RTGS holiday is on a different date every year.

8) Dussehra - Dussehra is celebrated as per Hindu calendar. This RTGS holiday comes on a different date every year.

9) Mahatma Gandhi Jayanti - Every year October 2 is a RTGS holiday.

This day is a Gazetted Bank Holiday in Maharashtra.

10) Christmas - Christmas date is decided as per some guidelines in Christianity so date changes every year. So RTGS holiday is on the different date every year.

Visit one of these resorts on a bank holiday in Maharashtra

There will be a lot of hectic work it will be tough to find some peace of mind in the city. So, than doing something on a bank holiday in Maharashtra locally, you can visit a resort. There are few fabulous resorts in Maharashtra which you may find enjoyable to visit.

The Machan Resort - When planning a holiday the first thing comes to your mind is to leave the city premises and go somewhere there are a lot of trees and more of nature. Machan Resort is located in Lonavala. In Machan Resort, you will be getting three options, one is Forest Machan, Heritage Machan, and the last one is Canopy Machan. You can select which kind of resort you want to stay at.

Della Resorts - Della Resort is also one of the best resorts to visit. Della resort will be apt for those who seek adventure. At Della resorts you can play various games which are there such as flying fox, bungee jumping, paintball, zorbing, etc. This resort is located in Kunegaon. This will also be a great option to visit.

The Dukes Retreat - Dukes Retreat is a hill top resort located on the edge of a hill that is 500 feet above the ground. You visit this resort to see the breath taking sceneries and some tranquilizing attractions. There are many more resorts around which you can visit on a bank holiday in Maharashtra.