State Bank of Pakistan (SBP) has officially updated the banking schedule for Ramadan 2024, ensuring greater convenience for customers during the holy month.
These revised hours will be observed by all commercial banks and financial institutions across the country.
Updated Banking Hours for Ramadan
According to the official notification, banks will follow the schedule below for public dealings:
- Monday to Thursday: 9:00 AM – 2:00 PM (No Break)
- Friday: 9:00 AM – 12:30 PM (No Break)
Pakistan Stock Exchange (PSX) Ramadan Timings
The Pakistan Stock Exchange (PSX) has also adjusted its office and trading hours for Ramadan:
- Office Hours (Monday to Thursday): 9:00 AM – 3:00 PM
- Office Hours (Friday): 9:00 AM – 2:00 PM
- Trading Hours (Monday to Thursday): 9:17 AM – 1:30 PM
- Trading Hours (Friday): 9:17 AM – 12:30 PM
Importance of Adjusted Banking Hours
The revised banking hours are designed to accommodate the religious and spiritual obligations of the month, allowing customers to manage their financial transactions more efficiently. By reducing working hours, the SBP ensures that both banking staff and customers can observe Ramadan with greater ease.
To avoid any last-minute inconveniences, customers are advised to plan their financial transactions accordingly. For the latest updates, visit the official website of the State Bank of Pakistan.