If you were planning to complete your banking tasks today, you might want to check this important update first. Banks across several Indian states will remain closed on Friday, November 10, 2023, due to the Wangala Festival celebrations.
What is Wangala Festival and Why Are Banks Closed?
The Wangala Festival, also known as the 100 Drum Festival, is a significant post-harvest celebration primarily observed by the Garo community in Meghalaya and neighboring regions. This vibrant cultural event marks the end of the agricultural year and gives thanks to the sun god for a bountiful harvest.
Which Cities and States Are Affected?
According to the Reserve Bank of India's holiday calendar, banking services will be suspended in the following regions:
- Meghalaya: Complete bank closure across the entire state
- Assam: Banks closed in specific districts and cities
- West Bengal: Limited closures in certain areas
- Other Northeastern states: Partial closures based on local observances
Banking Services That Remain Available
While physical branches might be closed in affected areas, several banking services will continue to operate seamlessly:
- Online Banking: All internet banking services will be fully functional
- Mobile Banking: Complete access through banking apps
- ATM Services: Cash withdrawals and deposits available at ATMs
- UPI Transactions: Digital payments through UPI apps will work normally
- Net Banking: All online transaction facilities remain operational
What About Other States?
For residents in states not observing the Wangala Festival, it's business as usual. Banks in metropolitan cities like Mumbai, Delhi, Chennai, and Bangalore will operate normally unless there are other local holidays.
Planning Your Banking Activities
If you're in an affected region and have urgent banking needs, consider these alternatives:
- Utilize digital banking platforms for immediate transactions
- Visit ATMs for cash requirements
- Schedule your branch visits for Monday when banks reopen
- Use UPI or mobile banking for bill payments and transfers
Remember to check with your local bank branch for any specific closures in your area, as some private banks might have different holiday schedules compared to public sector banks.
