Bank Holidays for the year 2020: Andhra Pradesh

The following holidays are declared as public holidays under NI Act 1881 by the Government of Andhra Pradesh.

The following holidays falls Sunday (1). REPUBLIC DAY 26.01.2020,  (2) MOHARRUM 30.08.2020, (3). VIJAYA DASAMI 25.10.2020 and (4) DEEPAVALI (14.11.2020:2^nd Saturday).  These holidays are NOT SEPERATELY DECLARED AS HOLIDAYS as all Sundays and second Saturday are Bank holidays under explanation to section 25 of the Negotiable Instrument Act 1881.

• As per AP Government notification, 31.03.2020 is declared as ANNUAL CLOSING OF ACCOUNTS DAY. However, other states have declared 01.04.2020 as the Yearly closing of bank accounts. Generally, banks all over India are opened on 31^st March to enable them to collect tax on behalf of the Government and only on 1^st April there will not be any customers’ transactions in banks.  Readers are requested to confirm from their respective banks about the correct date of a bank holiday for the annual closing of accounts. 
• If there is any change of date in respect of RAMZAN (ID-UL-FITR), MOHARAM and BAKRID (EID -UL-AZHA) as per the moon sight or any other holiday declared now.
• Any change in date of holiday declared now shall be announced through electronic/print media.  The notification directed all the Heads of Financial Institutions in the State shall take action according to such an announcement and without waiting for formal order about the change of date.

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 Andhra Pradesh 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.