The banks will remain closed for public dealing on Wednesday January 1, 2025.
Bank holiday announced on January 1, 2025 in Pakistan. In a recent development, the State Bank of Pakistan (SBP) has announced that allied offices and public/private sector banks will remain closed on January 01, 2025.
The banks will remain closed for public dealing on Wednesday January 1, 2025 whereas the day will be observed as ‘Bank Holiday’.
According to the notification, all public and private sector banks, development finance institutions (DFIs), Microfinance Banks (MFBs) shall remain closed for public dealing on the January 01.
However, all employees of the banks/DFIs/MFBs will attend the office according to normal routine.
SBP issues last date for redemption of National Prize Bonds
The State Bank of Pakistan (SBP) has reminded citizens that the last date for the redemption or exchange of National Prize Bonds with denominations of Rs40,000, Rs25,000, Rs15,000, and Rs7,500 is fast approaching.
The deadline is December 31, leaving only four days for holders to complete the process.
According to the announcement, the bonds can be redeemed or exchanged at any branch of commercial banks, the SBP Head Office, or offices of the SBP Banking Services Corporation across the country.
The State Bank has clarified that no applications for the return or exchange of these prize bonds will be entertained after the deadline. Citizens are urged to act promptly to avoid missing the opportunity.
Holders of these prize bonds are advised to visit their nearest bank branch or SBP office before the deadline to complete the required formalities.
