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Banks to remained close on first Ramadan

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Karachi: The State Bank of Pakistan will remain closed for public dealing on 1st Ramadan, which will be observed as Bank Holiday for deduction of Zakat, said a statement issued on Saturday.

According to the statement, all banks / DFIs / MFBs shall, therefore, remain closed for public dealing on 1st Ramadan.

“However, all employees of the banks / DFIs / MFBs will attend the office on Bank Holiday treating it as normal working day (except for public dealing),” it said.

Bank timings for Ramadan

The following office hours will be observed in the State Bank of Pakistan, which will also be followed by all banks, development finance institutions and microfinance banks:-

Monday to Thursday from 10:00am to 4:00pm with prayer break from 2:00pm to 2:15pm whereas on Fridays office hours will be from 9:00am to 2:00pm without any break.

Monday to Thursday from 10:00am to 2:00pm without any break whereas on Fridays business (banking) hours for public dealing will be from 9:00am to 1:00pm without any break.

After the holy month of Ramadan-ul-Mubarak, the above timings will automatically be reverted to pre Ramadan-ul-Mubarak timings.