Madhya Pradesh Bank Holidays 2020: As there have been many common holidays in the country but from state to state there are some additional bank holidays. Every state has its own list of bank holidays as per the RBI guidelines which has been displayed in this article to provide an help for you to make your plan for bank visit. Read out the article to learn about the bank holidays in Madhya Pradesh.
Check; Complete List of Bank Holidays in India
List of Bank Holidays in Madhya Pradesh
Below mentioned is the official list of bank holidays in Madhya Pradesh which has been prepared as per the authentication of RBI guidelines. Since 2015, RBI had announced every 2nd and 4th Saturdays are considered as public bank holidays in the state. The banks and all its branches remain closed on these Saturdays, Sundays and below given dates.
List of RBI Bank Holidays 2020
| Bank Holidays in Madhya Pradesh 2020 | ||
| Date | Holiday | Day |
| January 2020 | ||
| 26 January | Republic Day | Sunday |
| February 2020 | ||
| 19 February | Chhatrapati Shivaji Maharaj Jayanti | Wednesday |
| 21 February | Mahashivratri | Friday |
| March 2020 | ||
| 10 March | Holi/Dol Jatra | Tuesday |
| 25 March | Gudhi Padwa/Ugadi festival | Wednesday |
| April 2020 | ||
| 1 April | Annual bank closing | Wednesday |
| 2 April | Ram Navami | Thursday |
| 6 April | Mahavir Jayanti | Monday |
| 10 April | Good Friday | Friday |
| 14 April | Dr. Babasaheb Ambedkar Jayanti/ Bengali New Year’s Day/Tamil New Year’s Day/Bohag Bihu/Vishu | Tuesday |
| May 2020 | ||
| 1 May | May Day (Labour Day) | Friday |
| 7 May | Buddha Purnima | Thursday |
| 25 May | Ramzan Id (Id-Ul-Fitr) | Monday |
| August 2020 | ||
| 1 August | Bakrid | Saturday |
| 15 August | Independence Day | Saturday |
| 22 August | Ganesh Chaturthi | Saturday |
| October 2020 | ||
| 2 October | Gandhi Jayanti | Friday |
| 30 October | Id-E-Milad/Lakshmi Puja | Friday |
| November 2020 | ||
| 14 November | Diwali/Kali Puja | Saturday |
| 16 November | Diwali/Laxmi Puja/Bhaidooj | Monday |
| 30 November | Guru Nanak Jayanti/Kartika Purnima | Monday |
| December 2020 | ||
| 25 December | Christmas | Friday |
Also read; IBPS PO 2020 Notification
Classification of Bank Holidays
Holidays Under Negotiable Instruments Act: The RBI had announced 26 January, 19 February, 21 February, 10 March, 25 March, 2 April, 6 April, 1 May, 7 May, 22 August, 14 November, 16 November, and 30 November has been classified as Holiday under Negotiable Instrument Act 1881. As per the act, any maturity day or any dues coming on these dates will be preceded to the next day.
Holidays under Negotiable Instruments Act and Real-Time Gross Settlement Holidays: Under this act, 10 April, 14 April, 25 May, 1 August, 15 August, 2 October, 30 October, and 25 December are declared as the dates when RTGs are not applicable in any of the banks.
Annual Bank Closing Day: 1st April has been decided as the annual bank closing day when every bank are closed.
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