Bank Holiday: Will banks be closed tomorrow, the third Saturday? Most working class and employed people visit bank branches on Saturdays to settle their expenses. Banks are usually open on the third Saturday of the month, but this time they will be closed. Find out why the RBI has declared a holiday for banks tomorrow, Saturday, May 16th.
Banks will be closed tomorrow, Saturday, May 16th
If you’re planning to go to the bank tomorrow, find out if banks will be open. Tomorrow, Saturday, May 16th, is the third Saturday of the month. Banks are usually open on third Saturdays, but in one state, banks will be closed tomorrow. State Day will be celebrated in Sikkim tomorrow, Saturday, due to which banks will be closed in Sikkim. Bank branches will remain open in all other states. Banks in states like Delhi, Uttar Pradesh, Bihar, and Rajasthan will remain open on the third Saturday as usual.
Tomorrow, Saturday, May 16th, the state of Sikkim will celebrate Statehood Day. Sikkim Foundation Day is celebrated every year on May 16th. On May 16th, 1975, Sikkim officially became India’s 22nd state, marking the end of monarchy and the beginning of democracy. Tomorrow, in 2026, Sikkim is celebrating its 50th Statehood Day, which is why banks are closed. The RBI has also issued a bank holiday for all bank branches in Sikkim.
When will banks be closed in May?
In May 2026, banks will be closed nationwide on Sundays: May 3rd, 10th, 17th, 24th, and 31st. Banks will be closed on Saturday, May 23rd, the fourth Saturday. Banks will be closed on May 16th due to Statehood Day in Sikkim. Banks may be closed on May 26th for Kazi Nazrul Islam’s birth anniversary. Banks will remain closed in most states on May 27-28 on account of Eid al-Adha.