Friday Bank Holiday: Banks will remain closed tomorrow on Friday, know why RBI has declared holiday on 16 May

Bank Holiday On 16 May 2025: Banks are going to be closed tomorrow on Friday. If you are thinking of going to the bank tomorrow to get your work done, then know that all public and private sector banks will remain closed. Banks will not be closed in all states

Bank Holiday On 16 May 2025: Banks are going to be closed tomorrow on Friday. If you are thinking of going to the bank tomorrow to get your work done, then know that all public and private sector banks will be closed. Banks will not be closed in all states. Banks are going to be closed only in Gangtok. Know here why RBI has given a holiday on Friday.

Why will banks be closed on Friday 16 May?

Banks are going to be closed in Gangtok on Friday 16 May. Gangtok Day is celebrated every year on 16 May, which is a day to honor the historical and cultural significance of Gangtok, the capital of Sikkim. On this day in 1975, Sikkim officially became the 22nd state of India and Gangtok was declared its capital. This day is a symbol of pride and unity for the people of the state. Various cultural programmes, tableaus, patriotic songs and public awareness campaigns are organised on Gangtok Day, showcasing the rich heritage and development of Sikkim.

List of bank holidays according to states in May 2025

May 16 (Friday): State Day – Banks closed in Gangtok.

May 26 (Monday): Birth anniversary of Kazi Nazrul Islam – Banks closed in Agartala.

May 29 (Thursday): Maharana Pratap Jayanti – Banks closed in Shimla.

Apart from this, banks will remain closed in May due to regular weekly holidays. These holidays will be closed on all Sundays i.e. 4, 11, 18 and 25 May. Apart from this, banks are going to be closed on second and fourth Saturdays on 10 and 24 May.

Will online banking services be available?

Yes, even during these holidays, customers can use money transactions, bill payments and other digital services through UPI, IMPS, net banking and mobile banking apps. However, there will be no work in the bank branch, so customers are advised to finish the important work in advance so that there is no problem.

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