Watch Full Movie Online. Banaras: A Mystic Love Story is the name of an Indian Bollywood film directed by Pankaj Parashar released in 2006. The film takes place in the Hindu holy city of Varanasi (the city, once known as Banaras, serves as a destination for the pilgrimage of millions of Hindu worshippers annually) and is centered around the relationship of a young woman with her parents and her lover. The storyline also has a strong religious dimension. Most of the film was shot in Varanasi, with some scenes shot in Mauritius.