KARNATAKA STATE BANK HOLIDAYS 2020

Bank holidays in India are declared as public holidays under explanation to section 25 of the Negotiable Instrument Act 1881. The holiday declared under NI Act is applicable exclusively to the banks located within the administration area of specific State and Union Territory.  In other States and Union territories where it is not a holiday, banks remain opened and allow normal banking transactions similar to any other working days. 

Besides public holidays declared by the State Governments, Banks are closed on the 1st of April every year due to ANNUAL CLOSING of accounts.  All Sundays and 2nd & 4th Saturdays are Bank Holidays under the explanation to section 25 of the Negotiable Instrument Act 1881. (The above holiday rule is applicable to all commercial and co-operative banks operating in entire India).

Because 2^nd and 4^th Saturdays and all Sundays are bank holidays, the below  list does not include Republic day (26.01.2020),  Basava Jayanthi/Akshaya Tritiya,26.04.2020, Mahanavami/Ayudha Pooja (25.10.2020) Kannada Rajyotsava (01.11.2020) which falls on Sunday &  Narka Chaturdashi (14.11.2020) which falls on second Saturday & Varasiddhi Vinayaka /Ganesha Chaturthi (22.08.2020)which falls on fourth Saturday.

If any of the Holidays for the festivals of Muslim Fraternity notified above does not fall on the date notified, Muslim Fraternity in Government Service may be granted holiday on the date of observance in view of holidays already notified.

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, mistake, 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.