List Of Bank Holidays In Uttar Pradesh in 2020

List Of Bank Holidays In Uttar Pradesh 2020– There are certain bank holidays that are state specific and in this space we will be giving you the complete list of bank holidays in Uttar Pradesh in 2020. There are other types of holidays as well like National Holidays that are applicable in across the nation while other are Second and Fourth Saturday of every month. This list can be very handy to you if you wish to visit bank in the coming time. This list is prepared from the authentic the official website of Reserve Bank Of India.

If you wish to check the Bank holidays of other state, Click Here

List Of Bank Holidays In Uttar Pradesh 2020

Given below is the complete list of Bank holidays in Uttar Pradesh in 2020. Banks are also closed on second and fourth saturday of evey month as per the RBI decision taken in 2015 and those days are not included in this.

If you wish to check that list, Saturday Bank Holidays 2020. 

The list is taken from the official website of rbi.org.in & the holidays in this list are divided in three categories:  Holiday under Negotiable Instruments Act, Holiday under Negotiable Instruments Act and Real Time Gross Settlement Holiday and  Banks’ Closing of Account.

Negotiable Instrument act– Any instrument that carries the name of the recipient and the amount to be repaid on a specified date  is known as negotiable instrument. Now, if the date of the maturity date of the instrument falls in any of the day that comes under the Negotiable Instrument Act holidays, then the preceding day of the holiday is considered as the maturity date.

Holiday under Negotiable Instruments Act and Real Time Gross Settlement Holiday- These are the days on which one cannot carry out the RTGs. The service of RTGs is not applicable on the days falling on these days.

Bank Closing Account– Ist April is considered as the Annual closing of banks and thus observe holiday on this day.

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