Bank Holidays In February 2020

Year on year, February comes with lesser number of days. February will also see some festivals and hence the number of working days will come down further. The right planning of your banking activities will ensure that you do not get strangled on bank holidays confronting an important financial transaction. Here is the list of banking holidays in February 2020.

Sundays are weekend holidays for all banks in the country. Hence no bank will work on Sundays in India. As per the RBI regulations, all the banks will observe holidays on Second and Fourth Saturdays of the month. In February 2020, the banks will work on two Saturdays (February 1, 2020 and February 15, 2020) of the month and will be closed on the remaining two Saturdays of the month (February 8, 2020 and February 22, 2020).

Bank Holidays in February 2020

In addition to all the four Sundays of the month, second and fourth Saturdays, the banks will not work on the applicable holidays from the following list depending on the state where the bank is located. Here is a detailed list of holidays for banks in India for February 2020.