KARACHI — The State Bank of Pakistan (SBP) announced that all banks and financial institutions across the country will remain closed for public dealings on Wednesday, July 1, 2026. The central bank declared the official bank holiday to mark the start of the new financial year.
According to the SBP notification, the closure applies universally across the financial sector. Development finance institutions and microfinance banks will also observe the holiday. Consequently, all public banking transactions, cash deposits, and customer services will remain suspended for the day.
However, bank employees will still attend their offices as usual to complete mandatory year-end closings and financial accounting. The general public cannot access in-branch services during this period. Online banking platforms, mobile apps, and automated teller machines (ATMs) will remain operational for routine electronic transactions.
All financial institutions will resume normal working hours and public dealings on Thursday, July 2, 2026. Commercial clients and everyday consumers should plan their cash requirements and urgent banking tasks accordingly to avoid delays.
