The State Bank of Pakistan (SBP) has officially announced a nationwide bank holiday on January 1, 2026, due to the New Year public holiday. As per the notification, all public and private sector banks, development finance institutions, and microfinance banks will remain closed across the country.
This decision applies throughout Pakistan, and no over-the-counter banking services will be available on this day. Customers are advised to plan their financial activities in advance to avoid inconvenience.
Which Banking Services Will Be Closed?
On January 1, 2026, the following services will not be available:
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Branch banking services
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Cash deposits and withdrawals at counters
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Cheque clearing and interbank transactions
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Customer service desks at bank branches
However, digital and electronic services are expected to remain functional.
Services That Will Continue to Work
Despite the bank holiday, customers can still use:
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ATMs (cash withdrawal & balance inquiry)
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Mobile banking apps
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Internet banking services
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Debit and credit cards for payments
Availability may depend on individual banks’ systems and maintenance schedules.
Why January 1 Is Observed as a Bank Holiday
January 1 is observed as a New Year public holiday, and banks close operations to align with national and international financial calendars. This annual holiday allows banks to finalize year-end accounts and system reconciliations.
Advice for Bank Customers
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Complete urgent banking tasks before December 31
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Ensure sufficient cash is available for personal needs
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Use digital banking services where possible
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Schedule payments and transfers in advance
FAQs
1. Are all banks closed on January 1, 2026 in Pakistan?
Yes, all public and private banks will remain closed nationwide.
2. Will ATMs work during the bank holiday?
Yes, ATMs are expected to remain operational, subject to cash availability.
3. Can I use mobile or internet banking on January 1?
Yes, online and mobile banking services will continue.
4. Will cheque clearing take place on January 1, 2026?
No, cheque clearing and interbank settlements will resume on the next working day.
5. When will banks reopen after the holiday?
Banks will reopen on January 2, 2026, following normal working hours.
Final Update
The bank holiday on January 1, 2026 is a nationwide closure announced by the State Bank of Pakistan. Customers are encouraged to plan ahead, rely on digital banking channels, and complete important transactions in advance to avoid delays.
Staying informed about official banking holidays helps ensure smooth financial planning and uninterrupted daily activities.
