Bank Holidays In Mizoram 2020: List Of Mizoram Bank Holidays

Mizoram Bank Holidays 2020: The bank holidays for Mizoram state has been compiled in this article which do not include Sunday and 2nd/4th Saturdays holidays. As the banks will remain closed on 2nd & 4th Saturdays and all Sundays as declared by RBI in 2015. These holidays are observed by every bank of Mizoram and its branches. On these holidays online transactions, netbanking, or money withdrawal from ATMs will function properly. To check the RBI official list of bank holidays in India, click on the direct link provided below;

List of RBI Bank Holidays 2020

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Bank Holidays in Mizoram 2020

All the holidays mentioned in the below table are as per the RBI official list of bank holidays and these could be changed or modified by RBI.

Bank Holidays in Mizoram 2020

Date Holiday Day
January 2020
15 January Sankranti Wednesday
26 January Republic Day Sunday
March 2020
9 March Holika/Doljatra Monday
10 March Holi / Doljatra Tuesday
April 2020
1 April Annual Closing of Banks Wednesday
13 April Bohag Bihu Monday
14 April Dr. Ambedkar Jayanti Tuesday
15 April Himachal Day Wednesday
May 2020
1 May May Day Friday
25 May Eid-ul Fitr Monday
August 2020
1 August Bakrid/ COVID-19 containment measure Saturday
15 August Independence Day Saturday
20 August Tithi of Srimanta Sankardeva Thursday
October 2020
2 October Gandhi Jayanti Friday
17 October Kati Bihu / Mera Chaoren Houba of Lainingthou Sanamahi Saturday
24 October Durga Puja / Dusshera Saturday
26 October Vijaya Dashami Monday
November 2020
14 November Diwali / Kali Puja Saturday
December 2020
25 December Christmas Eve Friday

Also check; Complete List of Bank Holidays in India

Classification of Bank Holidays in Mizoram:

As per RBI guidelines, the above mentioned bank holidays could be classified into three categories of holidays which are described below along with the dates included in each category

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. 15 January, 26 January, 9 March, 10 March, 13 April, 15 April, 1 May, 20 August, 17 October, 24 October, 26 October, and 14 November are declared as holidays under the Negotiable Instrument Act 1881 in Mizoram state.

Holiday under Negotiable Instruments Act and Real-Time Gross Settlement Holiday

On these days, the service of RTGs will not applicable in all banks of Mizoram and the days falling under this act are 14 April,  25 May, 1 August, 15 August, 2 October, and 25 December.

Bank’s Closing of Accounts:

1 April is declared as the bank’s holiday as the Annual closing of banks and the banks remain closed on this day all over Mizoram state.

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