BANK HOLIDAYS 2020: MAHARASHTRA STATE

The Government of Maharashtra declared the following days as holidays for the year 2020 under section 25 of NI Act (Negotiable Instrument Act) 1881.

All Sundays and 2nd & 4th Saturdays are Bank Holidays under the explanation to section 25 of the Negotiable Instrument Act 1881. (This holiday rule is applicable to all commercial and co-operative banks operating in entire India). Therefore, following holidays (Sunday) are NOT SEPERATELY DECLARED AS HOLIDAYS.

1. Republic Day 26th January 2020
2. Parsi New Year (Shahenshahi) 16^th August 2020
3. Moharram 30^th August 2020
4. Dasara 25t October 2020

If any of the holidays for the festivals of Muslim fraternity notified above does not fall on the date notified, the holiday date may be altered by the concerned government or the community fraternity in government service may be granted special holidays on the date observable.

Disclaimer: Every effort has been taken to avoid errors or omissions in the list of holidays published above as per the State Gazette. In spite of this, it is possible that any changes in holiday dates, mistakeS, errors, ambiguity, inconsistency, discrepancy or doubts may inadvertently creep up.  The readers in case of any doubts are therefore requested to be guided by the holiday list announced by the state Gazette or the banks located in the state of Karnataka or by the IBA for correct and as authentic information. The author or anyone connected directly or indirectly to this website accepts no responsibility whatsoever and will not be liable for any losses, claims or damages which may arise because of the contents of this write-up.