KARACHI – All commercial banks will remain closed for four days from March 23 (Thursday) on account of Pakistan Day and another day for Zakat deduction.
In a statement, the central bank said it will remain closed for public dealing on Friday, March 24, 2023, which will be observed as a ‘Bank Holiday’ for the purpose of deduction of Zakat.
As March 23 is already a bank holiday, Friday has now been declared another bank holiday since the 1st of Ramadan-ul-Mubarak, which will be followed by Saturday and Sunday.
#SBP to remain closed for public dealing on Friday, March 24, 2023 for the purpose of Zakat deduction.
Details: https://t.co/GqD7KqeGY4 pic.twitter.com/cE8DZzWERe— SBP (@StateBank_Pak) March 21, 2023
SBP maintained that all banks/DFIs/MFBs will remain closed for public dealing on March 24, saying employees of the banks/DFIs/MFBs will attend the office on Bank Holiday treating it as a normal working day (except for public dealing).
Branches of commercial banks will remain open on Saturday.
