Bank Holidays In Punjab 2020: List Of Punjab Bank Holidays

Punjab Bank Holidays 2020: This article contains the complied list of bank holidays in Punjab for the year 2020 and on which day these public or government holidays are falling. 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 Punjab state.

Click on the link to check RBI’s official page of bank holidays 2020

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RBI Bank Holidays 2020

List of Bank Holidays in Punjab

The table below is for the bank holidays for state Punjab for the financial year 2020. These holidays include both government and public holidays for Punjab. The compiled list of bank holidays of Punjab will provide you an idea for planning your bank visit to the bank.

Also read; Complete List of Bank Holidays in India

Bank Holidays in Punjab 2020




January 2020

2 January

Guru Govind Singh Birthday


26 January

Republic Day


February 2020

21 February



March 2020

10 March



April 2020

1 April

Annual Closing of Banks


2 April

Ram Navami


6 April

Mahavir Jayanti


10 April

Good Friday


May 2020

7 May

Buddha Purnima


25 May



August 2020

1 August

Bakrid / Eid-al-Adha


12 August



15 August

Independence Day


October 2020

2 October

Gandhi Jayanti


November 2020

14 November

Diwali Amavasya


30 November

Guru Nanak Jayanti 


December 2020

25 December

Christmas Day


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Classification of Holidays: 

The bank holidays in Punjab 2020 mentioned above have been classified as following:

1. Annual Bank Closing day

In Punjab, on 1st April the banks remain closed as the annual bank closing day as per the RBI announcement.

2. Holidays Under Negotiable Instruments Act, 1881

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.     

3. 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. 

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