All banks will be closed on 1st of Ramadan 2024

The State Bank of Pakistan (SBP) has announced a public holiday in banks on 1st of Ramzan. According to State Bank of Pakistan, all banks will be closed for public transactions on 1st of Ramadan 2024. While the employees have been instructed to come to the office for deduction of Zakat.

Zakat Nisab 2024 – Zakat on Gold – Amount and Calculator

According to the State Bank, the 1st of Ramadan will be a ‘bank holiday’ for the deduction of Zakat. All banks, development finance institutions and microfinance banks will not transact with the public on the said date.

According to State Bank, all employees of banks, development financial institutions, microfinance banks will remain in the office for work as usual.