Banks have attained a high significance in the lives of people all around the world. They have become a substantial medium of performing monetary transactions and accumulating money in the safest way possible. It gives out loans to support the dreams and desires of the applicants and has now ventured on the path of digitalisation. With mobile banking and digital transactions taking place, performing fiscal activities have now become easier. In such a case, it becomes necessary to stay updated on the days on which banks will remain closed. Therefore, we have prepared a list of Bank Holidays Saturday 2020 for your convenience below:
Date & Day | Holiday |
January 11, Saturday | Second Saturday |
January 25, Saturday | Fourth Saturday |
February 8, Saturday | Second Saturday |
February 22, Saturday | Fourth Saturday |
March 14, Saturday | Second Saturday |
March 28, Saturday | Fourth Saturday |
April 11, Saturday | Second Saturday |
April 25, Saturday | Fourth Saturday |
May 9, Saturday | Second Saturday |
May 23, Saturday | Fourth Saturday |
June 13, Saturday | Second Saturday |
June 27, Saturday | Fourth Saturday |
July 11, Saturday | Second Saturday |
July 25, Saturday | Fourth Saturday |
August 8, Saturday | Second Saturday |
August 22, Saturday | Fourth Saturday |
September 12, Saturday | Second Saturday |
September 26, Saturday | Fourth Saturday |
October 10, Saturday | Second Saturday |
October 24, Saturday | Fourth Saturday |
November 14, Saturday | Second Saturday |
November 28, Saturday | Fourth Saturday |
December 12, Saturday | Second Saturday |
December 26, Saturday | Fourth Saturday |
Note: These dates are subjected to change as per government announcement. Visit this page and stay updated with the latest date and time.
A bank holiday is usually a day when all kinds of financial institutions and PSUs or public sector undertakings such as brokerage firms, stock exchanges etc. remain closed. On this day, the bank employees enjoy an off and perform their personal tasks. However, online banking services are never halted, and customers can freely use such services to carry out their transactions or transfers. In India, the Reserve Bank of India has declared the second and fourth Saturday of the month a holiday for banking institutions. Apart from this, other religious, gazetted and public holidays are observed by these establishments.
Bank holidays on Saturdays incur major advantages for the bank employees as well as common folks. Below are some mentioned:
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We hope that you find this article on Bank Holidays Saturday 2020 informative. Stay tuned with us.