The State Bank of Pakistan (SBP) has officially commenced the distribution of fresh currency notes across the country in preparation for the upcoming Eid-ul-Fitr 2026 festivities. New banknotes have already been supplied to the vaults of commercial banks nationwide to ensure that citizens can acquire them in a timely and equitable manner. This annual exercise, a staple of the Ramadan season, aims to meet the surging seasonal demand for crisp notes used for “Eidi” gifts. Currently, these notes are being made available through designated bank branches and high-quality ATMs, particularly for larger denominations like Rs500 and Rs1,000, as the central bank ramps up its supply chain to prevent shortages as the Eid holidays approach.
Any Pakistani citizen possessing a valid Computerized National Identity Card (CNIC) is eligible to obtain fresh notes, though some commercial banks may offer priority services to their own account holders during the initial phases. To streamline the process and minimize the crowds at bank counters, the SBP typically activates its dedicated SMS service on the short code 8877 during the mid-to-late stages of Ramadan. This system allows individuals to send their CNIC number and a preferred branch code to receive a unique transaction ID, which can then be presented at the specified “e-branch” to collect a set quota of notes, usually consisting of packets of Rs10, Rs20, Rs50, and sometimes Rs100 denominations.
While official channels remain the most secure and cost-effective method for acquisition, market reports indicate that unauthorized vendors have already begun appearing in busy city centers, offering new notes at premiums significantly higher than their face value. The State Bank has urged the public to avoid these black-market sellers and instead utilize the vast network of over 1,500 designated e-branches. Banking authorities are monitoring the distribution closely, with special teams tasked to ensure that banks follow the “Clean Note Policy” and do not withhold stock from the general public. As Eid-ul-Fitr is expected around March 20, citizens are encouraged to visit their local branches early in the month to ensure they secure their requirement before stocks are exhausted.
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