Bank Holidays Alert! Banks to remain closed for 10 days in January 2020; Check full list here

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Bank Holidays in January 2020: The year 2020 is coming to an end and people are curious to know Just like every other month, banks will remain closed on public holidays in the first month of the New Year 2020. In India, banks to remain closed for 10 days, according to RBI. 

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.

So, 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 bank holidays. 

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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