Karachi, March 20, 2025 – The State Bank of Pakistan (SBP) has officially announced a bank holiday on March 23, 2025, in observance of Pakistan Day. The announcement, made on Thursday, confirms that all financial institutions under the SBP will remain closed on this date as per the government’s directive for a public holiday.
The SBP clarified that March 23 is a national holiday, commemorating the historic Pakistan Resolution of 1940, a significant milestone in the country’s independence movement. As a result, banks and financial institutions will not be operational, ensuring that employees and citizens can observe the occasion.
Since March 23, 2025, falls on a Sunday, which is already a weekly holiday, the impact of the bank holiday on regular banking operations remains minimal. Financial transactions, cash withdrawals, and interbank operations will resume as usual on the following business day. Customers are advised to plan their banking needs accordingly, especially for urgent financial transactions that may require branch services.
The SBP routinely observes national holidays declared by the government, ensuring alignment with official public holidays. While digital banking services, ATMs, and mobile banking will remain available, in-person banking services at physical branches will be suspended due to the holiday.
The SBP’s confirmation of the bank holiday reflects its commitment to adhering to national observances while maintaining financial stability. The holiday allows banking professionals and citizens to take part in celebrations, events, and patriotic activities held nationwide in honor of Pakistan Day.
Despite the holiday, the SBP reassures the public that essential banking functions, including digital transactions, will remain unaffected. However, businesses and individuals requiring bank services should make arrangements in advance to avoid any inconvenience due to the holiday.
The SBP encourages citizens to use this holiday as an opportunity to reflect on the significance of Pakistan Day and celebrate the spirit of unity and independence.