Bihar Bank Holidays 2020: This page is specifically for the Bihar state depicting all the days when the Bihar banks and their branches will remain close in the year 2020. The main significance of providing bank holidays is to give a work-life balance to all the bank employees. On the bank holidays, the bank customers will not be able to transact or deposit at any of the bank branches all over India. The Reserve Bank of India (RBI) has mandated that banks will not operate on 2nd & 4th Saturdays since 2015.
Check List of bank holidays 2020 on RBI’s official website– Click Here
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Calendar list of bank holidays in Bihar
Check out the bank holiday list for Bihar state and plan your visit to the bank accordingly.
Bank Holidays in Bihar 2020
|26 January||Republic Day||Sunday|
|10 March||Dhuleti/Dol Jatra||Tuesday|
|1 April||Annual Closing of Banks||Wednesday|
|2 April||Ram Navami||Thursday|
|10 April||Good Friday||Friday|
|14 April||Dr. Ambedkar Jayanti||Tuesday|
|1 May||May Day (Labour Day)||Friday|
|25 May||Eid-ul Fitr||Monday|
|1 August||Bakrid/ COVID-19 containment measure||Saturday|
|11 August||Sri Krishna Janmashtami||Tuesday|
|15 August||Independence Day||Saturday|
|2 October||Gandhi Jayanti||Friday|
|24 October||Durga Puja / Dussehra||Saturday|
|26 October||Vijaya Dashami||Monday|
|14 November||Diwali / Kali Puja||Saturday|
|20 November||Chhath Puja||Friday|
|21 November||Chhath Puja||Saturday|
|30 November||Guru Nanak Jayanti/Rahasa Purnima||Monday|
|25 December||Christmas Eve||Friday|
Also read: Complete List of Bank Holidays in India
Categorisation of Bank Holidays:
The RBI has classified the above detailed bank holidays into three classes which are described below along with the dates.
1. Holidays Under Negotiable Instruments Act
According to Holidays Under Negotiable Instruments Act 1881, if the day is a maturity day and it comes on the public holiday, then the preceding day will be counted as the due date. 26 January, 10-11 March, 2 April, 1 May, 11 August, 24 October, 26 October, 14 November, 20-21 November, and 30 December are declared as holidays under the Negotiable Instrument Act 1881.
2. Holiday under Negotiable Instruments Act and Real-Time Gross Settlement Holiday
On these days, the service of RTGs is not applicable and the days falling under this act are 10 April, 14 April, 25 May, 1 August, 15 August, 2 October, and 25 December.
3. Annual Closing Day:
Every year on 1st April, the banks & its branches are announced to remain closed as the Annual Bank Accounts Closing day.
The RBI have full authority to make changes in these bank holidays and the above dates have been authenticated from the official website of RBI.
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