| Updated On August 23rd, 2020 at 02:12 pm
Chandigarh Bank Holidays 2020: This article contains the complied list of bank holidays for Chandigarh for the year 2020 and on which day these public or government holidays are falling. The compiled list of bank holidays of Chandigarh will provide you an ease in making a bank visit. The dates and days mentioned in the article could be changed or modified by RBI so stay updated with us and we will let you know if any change occurs in the bank holiday list of Chandigarh 2020
Also check; Complete List of Bank Holidays in IndiaÂ
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Calendar List of holidays of banks in Chandigarh 2020
The table below is for the bank holidays for state Chandigarh for the financial year 2020. These holidays include both government and public holidays for Chandigarh. As decided by RBI in 2015, every second and fourth Saturday is declared as a public holiday for banks and their branches. Therefore banks will remain closed on the dates given below along with Sundays and every second & fourth Saturdays in Chandigarh state.Â
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Bank Holidays in Chandigarh 2020 |
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Date |
Holiday |
Day |
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January 2020 |
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2 January |
Guru Govind Singh Birthday |
Thursday |
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26 January |
Republic Day |
Sunday |
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February 2020 |
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21 February |
Mahashivratri |
Friday |
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March 2020 |
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10 March |
Holi |
Tuesday |
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April 2020 |
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1 April |
Annual Closing of Banks |
Wednesday |
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2 April |
Ram Navami |
Thursday |
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6 April |
Mahavir Jayanti |
Monday |
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10 April |
Good Friday |
Friday |
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May 2020 |
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7 May |
Buddha Purnima |
Thursday |
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25 May |
Eid-ul-Fitr |
Monday |
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August 2020 |
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1 August |
Bakrid / Eid-al-Adha |
Saturday |
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12 August |
Janmashtami |
Tuesday |
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15 August |
Independence Day |
Saturday |
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October 2020 |
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2 October |
Gandhi Jayanti |
Friday |
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November 2020 |
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14 November |
Diwali Amavasya |
Saturday |
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30 November |
Guru Nanak Jayanti |
Monday |
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December 2020 |
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25 December |
Christmas Day |
Friday |
Click on the link to check RBI’s official page of bank holidays 2020
Classification of Holidays:Â
The holidays of Chandigarh 2020 mentioned above are classified as:
Annual Bank Closing day
In Chandigarh, on 1 April the banks remain closed as the annual bank closing day.
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. The dates 2 January, 26 January, 21 February, 10 March, 2 April, 6 April, 7 May, 12 August, 14 November, 30 November are declared as holidays under the Negotiable Instrument Act 1881.    Â
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, 25 May, 1 August, 15 August, 2 October, and 25 December.Â
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