SBP Change banking hours for Ramadan:
For customers to meet the hours of fasting during the holy month of Ramadan, the State Bank of Pakistan (SBP) has announced revised banking hours.
A public statement states that banks will stay open Monday through Thursday from 9:00 a.m. to 3:00 p.m. without delay. Banking hours will be from 9:00 a.m. to 12:30 p.m. on Fridays.
Government Offices And Banks Timing:
Government Offices And Banks Timing: Banks will be open for public transactions Monday through Thursday from 9:00 a.m to 2:00 p.m. with services ending at 12:30 p.m. on Fridays.
All commercial banks, development finance organizations (DFIs), and microfinance banks would adhere to the updated schedule throughout Ramadan, the SBP spokesperson said.
The Organization Division had previously sent out a notice changing federal government offices’ working hours. During a 5-day work week, offices will be open from 9:00 a.m. to 3:00 p.m.
On the other hand, people who work six days a week will labor from 9:00 a.m. to 2:00 p.m. All government offices will close for Jumu’ah prayers on Fridays at 12:30 p.m.
Pakistan Railways Timing:
Pakistan Railways Timing has also changed the reservation offices operating hours in a related modification. Two-shift offices will adhere to the following schedule:
• Morning shift: 7:30 a.m. to 12:30 p.m.
• Evening shift: 12:30 p.m. to 5:30 p.m.
• On Fridays, there will be a break from 12:30 p.m. to 2:00 p.m. for prayers.
Booking offices operating a single shift, however, will stick to their current schedules. Regular timings will resume following the 15th of Ramadan, when these changes will stay in place.
To avoid this challenge, citizens are encouraged to make suitable plans and, when possible, use online banking services.
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FAQs:
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What are the latest banking hours?
9 am to 5 pm
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Is the bank closed on 1st Ramadan in Pakistan?
the first day of Ramadan and is designated for Zakat deduction. According to an official notification, all banks, Development Finance Institutions (DFIs), and Microfinance Banks (MFBs) will remain closed for public dealings on this date.
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ATM stands for an “Automated Teller Machine”. An ATM is a computerized device that enables individuals to conduct various banking transactions without the need for a human teller.
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What is the full form of OTP?
OTP describes One Time Password when you receive a short period secure PIN delivered through SMS or e-mail access that functions for single use.
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KYC stands for “Know Your Customer”. It’s a process used to verify a customer’s identity and address
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