EPayments to function normally, on March 27th-UGADI

EPayments to function normally, on March 27^th.

 

Ugadi will be celebrated on  March 27^th of this Year. Under the Negotiable Instruments Act, 1881, Banks will be closed in the states of Tamil Nadu, Karnataka, Andhra Pradesh and Maharashtra.

 

            However, RTGS/NEFT will function normally. There will be minimal staff in Payments Department of Banks, whose Hubs are in Tamil Nadu, Karnataka, Andhra Pradesh and Maharashtra.

 

Hence, it is advised to execute NEFT Transactions on 25^th or 26^th, especially when executing thru Net Banking. This will enable faster settlement of transactions, and also guarantee availability of funds to your loved ones, before the festival.

 

 

 

Ugadi

It is believed that the creator of the Hindu pantheon Lord Brahma started creation on this day - Chaitra suddha padhyami or the Ugadi day. Also the great Indian Mathematician Bhaskaracharya's calculations proclaimed the Ugadi day from the sunrise on as the beginning of the new year, new month and new day. The onset of spring also marks a beginning of new life with plants (barren until now) acquiring new life, shoots and leaves. Spring is considered the first season of the year hence also heralding a new year and a new beginning.   With the coming of Ugadi, the naturally perfumed jasmines (mallepulu) spread a sweet fragrance which is perhaps unmatched by any other in nature's own creation! While large garlands of jasmine are offered to Gods in homes and temples, jasmine flowers woven in clusters adorn the braids of women.

Predictions of the Year :
   Ugadi marks the beginning of a new Hindu lunar calendar with a change in the moon's orbit. It is a day when mantras are chanted and predictions made for the new year.

   It is a season for raw mangoes spreading its aroma in the air and the fully blossomed neem tree that makes the air healthy. Also, jaggery made with fresh crop of sugarcane adds a renewed flavor to the typical dishes associated with Ugadi. "Ugadi pachchadi" is one such dish that has become synonymous with Ugadi. It is made of new jaggery, raw mango pieces and neem flowers and new tanarind which truly reflect life - a combination of sweet, sour and bitter tastes!