SBP issues fresh currency note for Eid-ul-Fitar

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KARACHI: The State Bank of Pakistan (SBP) issued on Monday new currency notes for Eid-ul-Fitr.

The new notes will be available in banks till June 23, according to an SBP spokesperson.

The fresh currency notes will be available at designated commercial bank branches called ‘e-branches’.

As many as 1,000 e-branches across 120 cities in Pakistan have been formed.

An SMS service, which was launched to facilitate people in acquiring new currency notes before Eid, will also become functional from today.

The service charge is Rs1.50 plux tax per SMS.

To use the SMS service, a person must text their CNIC number along with the desired e-branch ID [e.g. 3130205839863(space)KHI005] to 8877.

After this, a person will receive an SMS containing redemption code, e-branch address and the code validity period.

Redemption code received by the customer will be valid for two working days as per the mentioned dates in the SMS.

The customer may then approach the concerned e-branch along with his/her original CNIC/Smart Card, a photocopy of the CNIC/Smart Card and transaction code received from 8877 to obtain fresh currency notes.

An individual can obtain three packets of Rs10 and one packet each of Rs50 and Rs100 as per availability of stock.

It is also notified that each CNIC/Smart card number or mobile phone number can only be used once.

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