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Bank Holidays in June 2020

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Updated: 28-06-2022 06:14:48 AM

Every year, the Reserve Bank of India (RBI) releases a list of public and restricted holidays applicable in different regions of India. All Indian banks remain closed on public holidays, 2nd and 4th Saturdays and all Sundays of every month. Given below is a complete list of bank holidays in June 2020. However, the listed RBI holidays differ from one regional office to another.

Bank Holidays in June 2020

List of Bank Holidays in June 2020
List of Bank Holidays in 2020 by Month
Bank Holidays on Saturdays in June 2020
NEFT and RTGS Holidays in June 2020
Bank Services Available on Bank Holidays in June 2020

List of Bank Holidays in June 2020

Following is a list of bank holidays in June 2020:

Date Day Holiday Description Regional Office
5th June, 2020 Friday Saga Dawa Gangtok
15th June, 2020 Monday Y.M.A. Day / Raja Sankranti Aizawl, Bhubaneswar
18th June, 2020 Thursday Guru Hargobind Ji’s Birthday Jammu, Srinagar
23rd June, 2020 Tuesday Ratha Yatra Bhubaneswar
30th June, 2020 Tuesday Remna Ni Aizawl

Note: It is to be noted that in addition to the above mentioned holidays, the 2nd and 4th Saturdays and all Sundays in a month are bank holidays, as provided by the RBI.

Bank Holidays on Saturdays in June 2020

In accordance with the guidelines of the Reserve Bank of India, all Indian Banks remain non-operational on 2nd and 4th Saturdays and all Sundays of every calendar month. However, all the other Saturdays remain operational. Following is the list of bank holidays on Saturdays in June 2020.

Date Holiday Description Regional Office
13th June, 2020 2nd Saturday All regional offices
27th June, 2020 4th Saturday All regional offices

NEFT and RTGS Holidays in June 2020

NEFT Holidays

NEFT (National Electronic Fund Transfer) is a nation-wide fund transfer system where the funds are settled in half-hourly batches. The Reserve Bank of India (RBI) has now made the NEFT service available 24×7, 365 days for the convenience of the users. The service can now be accessed even on bank holidays. Hence, like IMPS this service can be accessed on any day of the year.

RTGS Holidays

RTGS (Real-Time Gross Settlement) is a payment service via which the funds are settled in real-time and on gross basis. As per the guidelines of the RBI, the RTGS service remains non-operational on 2nd and 4th Saturday and all Sundays of every month. Given below is the list of RTGS holidays in June 2020.

RTGS Holidays in June 2020
Date Holiday Description
7th June, 2020 Sunday
13th June, 2020 2nd Saturday
14th June, 2020 Sunday
21st June, 2020 Sunday
27th June, 2020 4th Saturday
28th June, 2020 Sunday

Bank Services Available on Bank Holidays in June 2020

The users can facilitate all the financial transactions conveniently and avail other banking services even on bank holidays. The following mentioned banking services can be accessed by users even on bank holidays in June 2020:

  1. IMPS (Immediate Payment Service)
  2. NEFT (National Electronic Fund Transfer)
  3. UPI (Unified Payments Interface)
  4. ATM services
  5. Digital Banking Services (Netbanking and Mobile Banking)
  6. Cheque drop facility at ATM or other cheque drop boxes
  7. Hotlisting Credit or Debit Card
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