Banks Holiday on September 29 for Eid Milad-un-Nabi

Hamariweb  |  Sep 27, 2023

SBP Announces Bank Closure for Eid Milad-un-Nabi Holiday

In a recent announcement, the State Bank of Pakistan (SBP) has declared a public holiday on September 29th in honor of Eid Milad-un-Nabi. This decision aligns with the government’s directive to mark this significant Muslim occasion by granting a day off to the public.

Eid Milad-un-Nabi, a revered Islamic holiday, celebrates the birth of the Prophet Muhammad (PBUH). As a result of this holiday, all banks and SBP centers will remain closed on September 29th, allowing individuals to observe the occasion and spend quality time with their families.

The SBP released an official statement on September 29th, notifying the public about the upcoming holiday. This proactive communication aims to ensure that citizens are well-informed and can plan their banking transactions accordingly.

It’s important to note that during this holiday, all banking services will be temporarily unavailable. Therefore, customers are advised to complete their banking transactions ahead of time or schedule them accordingly to avoid any inconveniences.

In summary, the SBP’s announcement of a public holiday on September 29th for Eid Milad-un-Nabi reflects the government’s commitment to respecting and celebrating religious traditions. This decision will lead to the closure of banks and SBP centers on that day, so individuals are encouraged to plan their financial activities accordingly.

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