The State Bank of Pakistan (SBP) has issued a statement regarding the availability of new currency notes for Eid-ul-Fitr.
According to the SBP, the SBP confirmed that commercial banks are continuing to provide new currency notes to the public. The central bank is working through the extensive nationwide branch network of banks to ensure easy access to new banknotes for citizens.
Rs. 27 Billion in New Banknotes Supplied During Ramadan
The SBP revealed that so far during Ramadan, commercial banks have been supplied with Rs. 27 billion in new banknotes of all denominations through 17,000 branches across the country. This large-scale distribution aims to facilitate citizens in obtaining new currency notes for Eid celebrations.
Bank ATMs to Provide Clean, High-Quality Notes
To facilitate the smooth distribution of new banknotes during the religious festival, the ATM networks of banks will continue to provide high-quality, clean notes without any disruption. Additionally, cash monitoring teams have been deployed to ensure the seamless supply of fresh banknotes.
New Currency Notes to Remain Available Until Eid
The SBP emphasised that commercial bank branches will continue to provide new currency notes to the public for Eid celebrations.
How to Get New Currency Notes for Eid?
Citizens can visit their respective commercial bank branches to exchange old notes for new banknotes. Banks are instructed to facilitate customers efficiently and ensure that adequate supply is available to meet the Eid-ul-Fitr rush.
For those preferring ATM withdrawals, the SBP has assured that banks will be refilling cash machines with clean banknotes, allowing easy withdrawals during the festival period.
The State Bank of Pakistan has taken proactive steps to ensure the smooth distribution of new currency notes for Eid-ul-Fitr 2024. With Rs. 27 billion already supplied to banks nationwide, citizens can access fresh banknotes without any major difficulties.
To avoid last-minute hassle, the SBP advises the public to collect their new currency notes early and use official banking channels for safe transactions.
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