Bank Holiday Alert: Banks To Remain Closed In This State Tomorrow, Here’s The Reason
With most banking services now available online, visiting a bank branch has become rare but sometimes, it’s still necessary. Whether it’s submitting documents, updating KYC details, or resolving certain account issues, there are a few tasks that can’t be done digitally. That’s why it’s important to check your city’s bank holiday schedule before planning a visit.
If you live in Meghalaya, take note, banks in the state will remain closed on Friday, November 7, due to the celebration of the Wangala Festival . Banking operations across the rest of the country will continue as usual, but Meghalaya residents should reschedule in-person banking tasks for another day.
During Wangala, communities come alive with rhythmic drum performances, traditional dances, colorful attire, and cheerful gatherings. It’s a time of gratitude, music, and festivity across the region.
So, whether you’re planning to deposit cash, visit for loan-related work, or handle any other in-person transaction, it’s best to consult the RBI’s official bank holiday list for your state before making a trip.
While net banking and mobile apps make most financial tasks quick and convenient, a little planning can help you avoid unnecessary delays. If you’re in Meghalaya, sit back and enjoy the festive spirit of Wangala on November 7, your banking can wait until the next working day!
If you live in Meghalaya, take note, banks in the state will remain closed on Friday, November 7, due to the celebration of the Wangala Festival . Banking operations across the rest of the country will continue as usual, but Meghalaya residents should reschedule in-person banking tasks for another day.
Why Are Banks Closed Tomorrow?
The closure is in observance of the Wangala Festival, also known as the 100 Drums Festival, one of the most significant cultural celebrations of the Garo tribe in Meghalaya. The festival marks the end of the harvest season and pays tribute to Sun God Saljong, who is believed to bless the land with good harvests.During Wangala, communities come alive with rhythmic drum performances, traditional dances, colorful attire, and cheerful gatherings. It’s a time of gratitude, music, and festivity across the region.
RBI’s Role in Declaring Bank Holidays
The Reserve Bank of India (RBI) publishes a comprehensive list of bank holidays every year, outlining closures for each state and union territory. These holidays are categorized under Negotiable Instruments Act holidays, Real-Time Gross Settlement (RTGS) holidays, and bank account closing days.So, whether you’re planning to deposit cash, visit for loan-related work, or handle any other in-person transaction, it’s best to consult the RBI’s official bank holiday list for your state before making a trip.
While net banking and mobile apps make most financial tasks quick and convenient, a little planning can help you avoid unnecessary delays. If you’re in Meghalaya, sit back and enjoy the festive spirit of Wangala on November 7, your banking can wait until the next working day!
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