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01 December 2020 06:45

Reserve Bank of India India Finance

Bank holidays in December 2020: Government and private banks will be closed on these days, check details here

To facilitate your bank related activities, we share with you the dates when the banks would be closed during the month of December so that you can carry out your undertakings by planning well in advance. We have included bank holidays from different states and Union Territories of India. In view of the nationwide lockdown due to the COVID-19 pandemic, many banks have reduced the working hours of the employees to promote social distancing. Here is the full list of bank holidays in December 2020: December 12 – Second Saturday December 25- Christmas Day December 26- Fourth Saturday Regional Bank Holidays in December 2020 Nagaland – December 1 – State Inauguration Day Arunachal Pradesh – December 1 – Indigenous Faith Day Karnataka – December 3 – Kanakadasa Jayanti Tripura – December 3 – World Disabled Day Goa – December 3 – Feast of St Francis Xavier, December 19 – Goa Liberation Day Jammu and Kashmir – December 5 – Birthday of Sheikh Muhammad Abdullah Meghalaya – December 18 – Death Anniversary of U SoSo Tham, December 30 – U Kiang Nangbah Chandigarh – December 18 – Guru Ghasidas Jayanti Punjab – December 19 – Sri Guru Teg Bahadur Ji's Martyrdom Day Sikkim – December 30 – Tamu Losar Manipur – December 31- New Year's Eve December 25 is a national holiday on the occasion of Christmas. All the banks across India will remain closed on this day as the Reserve Bank of India (RBI) places this day as Holiday under 'Negotiable Instruments Act and Real-Time Gross Settlement Holiday'.

Very Important: There will be a three-day bank holiday in the last week of December 2020 as banks will remain closed on Friday (December 25), Saturday (December 26) and Sunday (December 27). Besides, several banks might remain shut state-wise as per their local-festivals holidays. Customers are advised to visit their respective bank branches to know about the working days of the banks in their regions. PS: In the case of a month with five Saturdays, the fifth Saturday will be a working day. Disclaimer: All precautions have been taken to gather the most accurate information about the Bank Holiday dates for the month of December 2020.

However, readers are advised to verify with their local branches to corroborate the same. New Delhi: December is here and so is the last list of bank holidays for the year 2020. The Reserve Bank of India (RBI) has mentioned some days when the banking operations will remain closed in the month of December. However, it must be noted that the bank holidays vary in various states as well not observed by all the banking companies. Banking holidays also depend on the festivals being observed in specific states or notification of specific occasions in those states.

December 25 (Friday) Christmas is a holiday during which all the banks across the country will remain closed. RBI places this day as Holiday under Negotiable Instruments Act and Real Time Gross Settlement Holiday. Here is an elaborate list of bank holidays falling in the month of December 2020. Check out the list. Pa-Togan Nengminza Sangma: December 12 Losoong/Namsoong: December 17 Death Anniversary of U SoSo Tham/Losoong/Namsoong: December 18 U Kiang Nangbah: December 30 Live TV #mute Holidays of the mentioned days will be observed in various regions according to the state declared holidays, however for the gazetted holidays, banks will be closed all over the country.

If you keep a track of these holidays, you would be able to plan bank transaction activities in a better way. For long weekends, you can even plan your holidays well. business Updated: Nov 30, 2020, 17:09 IST There are more than 10 days in December when banks will remain closed, according to the Reserve Bank of India (RBI). However, these holidays may vary in different states and will also depend on the festivals being observed in specific states or notification of specific occasions in those states. Holidays declared by the central government are applicable to all public and private sector banks. However, regional holidays are decided by the respective state governments. Banks will not operate on the second and the fourth Saturday of the month of December and all of them will be closed on Sundays as usual. Here is the list of bank holidays in the month of December: December 1 - Elections to Greater Hyderabad Municipal Corporation 1 December 3 - Kanakadasa Jayanthi/Feast of St Francis Xavier December 12- The 145th death anniversary of Garo tribe leader Pa-Togan Nengminza Sangma December 17 - Losoong/Namsoong in Sikkim December 18 - Death anniversary of Khasi poet U SoSo Tham/Losoong/Namsoong December 19 - Goa Liberation Day December 30 - Death anniversary of U Kiang Nangbah, a freedom fighter from Meghalaya December 31 - Year's Eve Advertisement Date Day Holiday Description Applicable in states 1 December 2020 Tuesday State Inauguration Day /Indigenous Faith Day Nagaland / Arunachal Pradesh 3 December 2020 Thursday Kanakadasa Jayanti / World Disabled Day / Feast of St. Francis Xavier Karnataka / Tripura / Goa 5 December 2020 Saturday Birthday of Sheikh Muhammad Abdullah Jammu & Kashmir 6 December 2020 Sunday Weekend Holiday All states 12 December 2020 Saturday Second Saturday All states 13 December 2020 Sunday Weekend Holiday All states 18 December 2020 Friday Death Anniversary of U SoSo Tham / Guru Ghasidas Jayanti Meghalaya / Chandigarh 19 December 2020 Saturday Goa Liberation Day / Sri Guru Teg Bahadur Ji's Martyrdom Day Goa / Punjab 20 December 2020 Sunday Weekend Holiday All states 24 December 2020 Thursday Christmas Eve Mizoram, Meghalaya 25 December 2020 Friday Christmas All states 26 December 2020 Saturday Fourth Saturday All states 27 December 2020 Sunday Weekend Holiday All states 30 December 2020 Wednesday Tamu Losar / U Kiang Nangbah Sikkim / Meghalaya 31 December 2020 Thursday New Year's Eve Manipur Banks play a significant role in our personal, social and business lives. While most banking activities can be done online, for some a visit to the bank branches is necessary. A ready reckoner on bank holidays can prove useful to plan a number of financial transactions and banking functions without facing last-minute troubles.As per the Reserve Bank of India guidelines, banks remain shut on the second and fourth Saturdays of all months. Here is the list of bank holidays for India for the month of December 2020. Note the holidays carefully and plan your bank visits and bank related activities accordingly.Some of the holidays are applicable in some states of India only, while some festivals are celebrated across the country. The following list contains local as well as nationwide bank holidays for the month of December 2020. Going to a bank for some urgent business only to find the bank is closed is not an experience anyone would be delighted by. Knowing which days are bank holidays is important especially for those who frequently avail bank services. Christmas is the most widely known bank holiday in December. All banks, both public and private, will remain closed on December 25. Apart from Christmas, there are many state-specific bank holidays in December 2020. Like other months, the second and fourth Saturday in December 2020 would also be bank holidays. The second Saturday is on December 12 while the fourth Saturday is on December 26. And of course, all Sundays are bank holidays. Central government holidays such as Christmas are applicable to all banks, private or public, in all states. However, state-specific bank holidays are decided and implemented by state governments. There are multiple state-specific bank holidays in December 2020. Here is a complete list of bank holidays in December 2020, according to the Reserve Bank of India: December 1- Ordinary Elections to Greater Hyderabad Municipal Corporation 1 December 3 - Kanakadasa Jayanthi in Karnataka /Feast of St. Francis Xavier in Goa December 12- Pa-Togan Nengminza Sangma in Meghalaya December 17 - Losoong in Sikkim December 18 - Death Anniversary of U SoSo Tham in Meghalaya December 19 - Goa Liberation Day in Goa December 24 - Christmas Festival December 25- Christmas December 26- Fourth Saturday December 30 - U Kiang Nangbah in Meghalaya December 31 - Year's Eve in Manipur Also Read: BT Insight: Are Sensex, Nifty overvalued? Here's what metrics show Also Read: What will happen to fixed deposits in Lakshmi Vilas Bank?