SBP announces banking timings for Ramadan

April 01, 2022 (MLN): The State Bank of Pakistan (SBP) on Friday announced the office and banking timings during the holy month of Ramadan-ul-Mubarak.

This will also be followed by all commercial banks, development finance institutions (DFIs) and microfinance banks (MFBs), a notification released by SBP said.

The office hours will be: Monday to Thursday from 10:00 a.m. to 4:00 p.m. with prayer break from 2:00 p.m. to 2: 15 p.m. whereas on Fridays the timings will be from 10:00 a.m. to 1:00 p.m. without any break.

Banks/MFBs are further advised to observe the following minimum business (banking) hours for public dealing: Monday to Thursday from 10:00 a.m. to 1:30 p.m. without any break whereas on Friday, the business (banking) hours will be from 10:00 a.m. to 1:00 p.m. without any break.

However, except Friday, banks / MFBs may observe extended business (banking) hours for public dealing from 10:00 a.m. to 3:00 p.m. with 15 minutes prayer break as their business requirements.

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

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