Legend says that when Mata Vaishnavi's ardent devotee, Sudhana, was thirsty, Lord Shiva shot an arrow into the ground, creating Banganga. Another story tells of how Mata Vaishnavi herself created the pond with her arrow to quench the thirst of her army. Historically, Banganga has served as a crucial resting point for pilgrims undertaking the arduous journey to the Vaishno Devi shrine. The surrounding temples and structures have evolved over centuries, reflecting the deep religious significance of the site. The pond's continuous flow, despite its location in a relatively dry region, adds to the belief in its divine origin.