Rajasthan Bank Holidays 2020: As every state has its own specific list of bank holidays provided by RBI on its official website and so Rajasthan does have. This article is all about the bank holidays in Rajasthan 2020 as declared by RBI. The dates in the article have been authenticated from the official website of Reserve Bank of India. In 2015, RBI had declared every 2nd and 4th Saturdays as the public holidays and bank shall remain closed on these days. Go through the article and get to know the complete list of bank holidays in 2020.
Check out; List of RBI Bank Holidays 2020
List of Bank Holidays in Rajasthan
Below is the bank holidays list of Rajasthan state in the Financial Year 2020. Do check out the list before you plan your bank visit in the bank or their branches.
Also check; Complete List of Bank Holidays in India
|Bank Holidays in Rajasthan|
|26 January||Republic Day||Sunday|
|10 March||Holi/Dol Jatra||Tuesday|
|1 April||Annual Closing Day||Wednesday|
|2 April||Ram Navami||Thursday|
|6 April||Mahavir Jayanti||Monday|
|14 April||Dr. Babasaheb Ambedkar Jayanti||Tuesday|
|25 May||Ramzan Id/ Id-Ul-Fitr||Monday|
|1 August||Bakra Id||Saturday|
|3 August||Raksha Bandhan||Monday|
|15 August||Independence Day||Saturday|
|2 October||Mahatma Gandhi Jayanti||Friday|
|30 November||Guru Nanak Jayanti||Monday|
|25 December||Christmas Day||Friday|
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Classification of Bank Holidays in Rajasthan
The above table of bank holidays could be classified into three categories as described below:
Annual Closing of Banks: On April 1, all the bank and its branches are closed as the annual bank closing day.
Holidays Under Negotiable Instruments Act: Under this act, if any maturity date clashes with any bank holiday, then all the pending dues of that day are shifted to the next day and it will be counted as the due date. In Rajasthan, 26 January, 21 February, 10 March, 2 April, 6 April, 3 August, 12 August, 14 November, and 30 November comes under this act and the banks remain closed on these days.
Holiday under Negotiable Instruments Act and Real-Time Gross: Settlement Holiday: Under this act, the RTGs are not applicable in any of the bank or its branches and the dates that comes under this act are 14 April, 25 May, 1 August, 15 August, 2 October, and 25 December.