Banks to Remain Closed on March 24

The State Bank of Pakistan will remain closed for public dealing on Friday, March 24, 2023, which will be observed as a ‘Bank Holiday’ for the purpose of deduction of Zakat.

In a circular issued today, the central bank said that Friday is being declared a bank holiday since the 1st of Ramadan-ul-Mubarak, 1444 A.H. is likely to fall on Thursday, March 23, 2023 (already being a public holiday).


All banks/DFIs/MFBs will remain closed for public dealing on the afore-mentioned date. However, all employees of the banks/DFIs/MFBs will attend the office on Bank Holiday treating it as a normal working day (except for public dealing), the circular said.