December has something and so is the final list for the year 2020 of bank holidays. A number of days have been listed by the Reserve Bank of India (RBI) when banking services will remain shut in the month of December. It should be remembered, however that bank holidays vary in different states, and not all banking firms follow them. Banking holidays often rely on festivals in particular states to be celebrated or specific occasions to be alerted in those states. December 25 (Friday) is a holiday due to Christmas that will keep all banks closed across the country. The RBI puts this day under the Negotiable Instruments Act and the Real Time Gross Settlement Day as a holiday.
Bank Holidays In December 2020
Ordinary Elections to Greater Hyderabad Municipal Corporation: December 1
Kanakadasa Jayanthi/Feast of St. Francis Xavier: December 3
Pa-Togan Nengminza Sangma: December 12
Losoong/Namsoong: December 17
Death Anniversary of U SoSo Tham/Losoong/Namsoong: December 18
Goa Liberation Day: December 19
Christmas Festival: December 24
Christmas: December 25
Christmas Festival: December 26
U Kiang Nangbah: December 30
New Year Eve: December 31
Note: The holidays of the days listed will be observed in different regions according to the holidays proclaimed by the State, except for the holidays declared by the Gazette, banks will be closed throughout the nation. If you keep a record of these holidays, a simpler way to schedule bank transaction tasks must be planned by you accordingly. Considering the above-listed bank holidays in December you can even schedule your vacations well for the long weekends.