Saturday bank holiday: Are banks open or closed today on May 16, 2026?

If you're planning a bank visit today (Saturday, May 16, 2026), here's what you need to know. The Reserve Bank of India (RBI) mandates that all scheduled banks in India both public and private remain closed on select Saturdays every month, in addition to Sundays and specific regional and national holidays.

Are banks open or closed today (Saturday, May 16, 2026)?

Banks are closed only in Sikkim today as it has its State Day every year on May 16. Bank employees in all other states will work as a regular working day today. Banks are closed only on the second and fourth Saturdays of every month. Banks work on the first, third and fifth Saturdays (in some cases) unless specified as a holiday in the RBI holiday calendar.

Sikkim State Day today

Sikkim State Day is celebrated annually on May 16 to commemorate the formation of the state in 1975 when the Himalayan kingdom officially integrated with the Indian Union to become its 22nd state.

Major bank holidays in May 2026

Banks will be closed on occasions of Maharashtra Din, Buddha Pournima, May Day (Labour Day), birth anniversary of Pandit Raghunath Murmu, birthday of Rabindranath Tagore, State Day, birthday of Kazi Nazrul Islam, Eid-UI-Adha (Bakri-Eid)/Id-ul-Zuha, Bakri ID (Id-Uz-Zuha), depending on the state.

Bank holidays in May 2026

May-26	1	9	16	26	27	28
Agartala	•			•	•
Ahmedabad					•
Aizawl	•				•
Belapur	•					•
Bengaluru	•					•
Bhopal	•				•
Bhubaneswar
Chandigarh	•				•
Chennai	•					•
Dehradun	•				•
Gangtok			•
Guwahati	•				•
Hyderabad	•				•
Imphal	•				•
Itanagar	•
Jaipur						•
Jammu	•				•	•
Kanpur	•				•
Kochi	•				•
Kohima					•
Kolkata	•	•			•
Lucknow	•				•
Mumbai	•					•
Nagpur	•					•
New Delhi	•				•
Panaji	•					•
Patna	•					•
Raipur	•				•
Ranchi	•				•
Shillong					•
Shimla	•				•
Srinagar	•				•	•
Thiruvananthapuram	•				•
Vijayawada	•				•

Holiday Description	Day
Maharashtra Din/Buddha Pournima/May Day (Labour Day)/Birth Anniversary of Pandit Raghunath Murmu	1
Birthday of Rabindranath Tagore	9
State Day	16
Birthday of Kazi Nazrul Islam	26
Eid-UI-Adha-(Bakri-Eid)/Id-ul-Zuha	27
Bakri ID (Id-Uz-Zuha)	28