List Of Bank Holidays: 2020 Bank Holidays In Karnataka

Here is a list of 2020 Bank holidays in Karnataka. Banks will remain closed on 2nd and fourth Saturdays of every month. This is the official list published by the Karnataka Government.

List of 2021 Karnataka Government Holidays

Comprehensive List Of 2020 Bank Holidays In Karnataka

Date	Day	Holiday
11 January 2020	Saturday	Second Saturday
15 January 2020	Wednesday	Makar Sankranti
25 January 2020	Saturday	Fourth Saturday
26 January 2020	Sunday	Republic Day
8 February 2020	Saturday	Second Saturday
21 February 2020	Friday	Maha Shivaratri
22 February 2020	Saturday	Fourth Saturday
14 March 2020	Saturday	Second Saturday
25 March 2020	Wednesday	Ugadi
28 March 2020	Saturday	Fourth Saturday
6 April 2020	Monday	Mahavir Jayanti
10 April 2020	Friday	Good Friday
11 April 2020	Saturday	Second Saturday
14 April 2020	Tuesday	Dr. Babasaheb Ambedkar Jayanti
25 April 2020	Saturday	Fourth Saturday
26 April 2020	Sunday	Basava Jayanti
1 May 2020	Friday	May Day
9 May 2020	Saturday	Second Saturday
23 May 2020	Saturday	Fourth Saturday
24 May 2020	Saturday	Eid-ul-Fitr
13 June 2020	Saturday	Second Saturday
27 June 2020	Saturday	Fourth Saturday
11 July 2020	Saturday	Second Saturday
25 July 2020	Saturday	Fourth Saturday
31 July 2020	Friday	Bakrid/Eid-al-Adha
8 August 2020	Saturday	Second Saturday
15 August 2020	Saturday	Independence Day
22 August 2020	Saturday	Fourth Saturday/ Ganesh Chaturthi
30 August 2020	Sunday	Muharram
12 September 2020	Saturday	Second Saturday
17 September 2020	Thursday	Mahalaya Amavasya
26 September 2020	Saturday	Fourth Saturday
2 October 2020	Friday	Gandhi Jayanti
10 October 2020	Saturday	Second Saturday
24 October 2020	Saturday	Fourth Saturday
25 October 2020	Sunday	Maha Navami
26 October 2020	Monday	Vijaya Dashami
30 October 2020	Friday	Eid e Milad
31 October 2020	Saturday	Maharshi Valmiki Jayanti
1 November 2020	Sunday	Kannada Rajyotsava
14 November 2020	Saturday	Diwali//Second Saturday
28 November 2020	Saturday	Fourth Saturday/Kanakadasa Jayanti
12 December 2020	Saturday	Second Saturday
25 December 2020	Friday	Christmas
26 December 2020	Saturday	Fourth Saturday

What Are The Transactions You Can Do On A Bank Holiday In Karnataka?

As one would imagine, banks are closed on a bank holiday. This means that any transaction that needs to be completed in the bank cannot be done on that day. This includes:

Making a cash deposit
Encashing a cheque
Making a demand draft
Opening or closing a bank account
Transferring money to another person through NEFT or RTGS
Collecting a cheque book
Collecting a debit card
Operating bank lockers

What Are The Transactions You Cannot Do On A Bank Holiday In Karnataka?

However, not all banking services are unavailable. You can still make transaction on the bank’s website and app. This includes

Opening a fixed deposit
Starting a recurring deposit
Making a request to stop cheque payment
Fund transfers to other accounts in the same bank

Your debit card can also be used to:

Withdraw cash from an ATM
Make online and offline purchases
Pay bills

If you lose your debit/credit card, you can make a request to block the card on the bank’s app or through its telebanking service.

There are also ways to transfer money on a bank holiday. These are:

Immediate Payment Service (IMPS)

This service can be used at any time of the day or night but there may be charges associated with it.

Unified Payment Interface (UPI)

UPI is also available 24×7 and has lower charges associated with it as compared to IMPR transactions.

Fund transfer through ATM.

Money can be transferred from one account to another at an ATM as long as both accounts are in the same bank.

How To Pay Bills During Public Holidays and Bank holidays In Karnataka?

In many cases, not paying a bill on time may result in a late fee and affect your credit. Thankfully, there are a number of ways to pay bills even on bank holidays. In the era of internet banking and bank apps, almost all bills can be paid online. Bills can also be paid via mobile wallets such as:

PayTM
PayUMoney
Oxigen
MobiKwik
Freecharge

These apps can be downloaded free of cost on android and iOS phones. You can then transfer money from your bank account to these wallets and use the money to pay bills online.

Water bills, electricity bills, BSNL bills, broadband and cable TV bills and mobile bills can all be paid online at karnatakaone.gov.in. These online payments can be made at any time regardless of whether the bank is open or closed.

Bank Holidays In 2020 That Are only Applicable To Karnataka

Some bank holidays are applicable to banks across India while others are followed only in Karnataka or specific cities in Karnataka. For example, Karnataka Rajyotsava on November 1, is a bank holiday only in Bangalore.

Basava Jayanthi, Narak Chaturdashi , Balipadyami and Kanakadasa Janyanti are bank holidays applicable only to Karnataka.

Ugadi, Mahalaya, and Ayudha Puja are bank holidays only in Karnataka and a few other south Indian states.

Best Money Transfer Apps To Use During 2020 Bank Holiday In Karnataka?

Today, mobile wallets and money transfer apps have made it very easy to make payments and receive money even when banks are closed.

Sometimes ATMs can run out of cash when there are consecutive bank holidays. In such situations, mobile wallets can be very helpful. Some of the best mobile wallets available in Karnataka are: