Banks to remain closed for 10 days in January 2020 | Check list here

Lucknow: The year 2019 is all set for its conclusion and a whole new year packed with plenty of happiness and joy awaits us. Like every time, people are curious to know, when will the banks remain closed on public holidays in the first month of the New Year 2020. In India, banks will remain shut for 10 days, according to RBI.

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However, the public holidays may differ from one bank to another or even from one state to another. In fact, there are state-wise bank holidays also. Banks will be closed on Sundays and two Saturdays.

Following the same, one will have to plan in advance to ensure that they do not run out of cash in December. Due to bank holidays, there may also be a shortage of cash in an ATM machine due to the same.

January 2020 holiday list includes five Sundays, the second and fourth Saturdays, and different states will have special public holidays. Bank account holders are advised to plan their bank-related work as per the bank holidays.

One can also check the list of holidays on the official website of Reserve Bank of India (RBI). Last month, banks were closed for 7 days including Saturdays and Sundays. Meanwhile, the customers need to keep in mind that all private and public sector banks are closed on the second and fourth Saturdays of every month.

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