On Wednesday, September 4, 2024, all banks in Assam will remain closed to observe the death anniversary of Srimanta Shankardev, a revered saint, poet, playwright, and social reformer. This regional holiday, known as Tithi of Srimanta Shankardev, honors his significant contributions to the Bhakti movement and the spread of Vaishnavism in Assam. The closure is part of a broader schedule of bank holidays in September, which includes various national and regional observances.
Srimanta Shankardev, a 15th-16th century Assamese polymath, is celebrated for his profound impact on Assamese culture and religion. His contributions to literature, music, dance, and drama have left an indelible mark on the region. Shankardev’s efforts in promoting the Bhakti movement and Vaishnavism have been instrumental in shaping the spiritual and cultural landscape of Assam.
The observance of his death anniversary as a public holiday reflects the deep respect and admiration the people of Assam have for Shankardev. On this day, various cultural and religious events are organized to commemorate his life and teachings. The closure of banks allows employees and the public to participate in these activities and pay homage to the saint.
In addition to his religious contributions, Shankardev is also credited with creating new forms of music, theatrical performances, and literary works. His legacy continues to inspire generations, and the annual observance of his death anniversary serves as a reminder of his enduring influence on Assamese society.
Impact on Banking Services
The closure of banks on September 4 will affect various banking services in Assam. Customers are advised to plan their financial transactions accordingly to avoid any inconvenience. While physical bank branches will be closed, essential financial services will remain accessible through digital channels such as online banking, mobile banking apps, and ATMs.
The Reserve Bank of India (RBI) has categorized bank holidays into three types: Holidays under the Negotiable Instruments Act, Holidays under the Negotiable Instruments Act Real Time Gross Settlement Holidays, and Banks’ Closing of Accounts. The holiday on September 4 falls under the first category, ensuring that banking operations align with regional observances.
Customers should also be aware of other bank holidays in September, which vary across states. For instance, banks in Maharashtra, Karnataka, and Tamil Nadu will be closed on September 7 for Ganesh Chaturthi, while banks in Kerala and Jharkhand will observe a holiday on September 14 for Karma Puja and First Onam. These regional holidays highlight the diverse cultural and religious practices across India.
Preparing for the Holiday
To ensure a smooth experience during the bank holiday, customers are encouraged to complete any necessary transactions in advance. This includes withdrawing cash, making deposits, and scheduling payments. By planning ahead, customers can avoid disruptions and ensure that their financial needs are met without any hassle.
Businesses and individuals who rely on banking services for their daily operations should also take note of the holiday. It is advisable to communicate with clients and partners about the closure and make necessary arrangements to minimize any impact on business activities. Utilizing digital banking services can help maintain continuity and efficiency during the holiday period.
In conclusion, the closure of banks in Assam on September 4 is a significant observance that honors the legacy of Srimanta Shankardev. While the holiday may pose some challenges for banking customers, proper planning and the use of digital services can help mitigate any inconvenience. As the people of Assam come together to celebrate the life and contributions of Shankardev, the holiday serves as a reminder of the rich cultural heritage and traditions that continue to shape the region.
