The State Bank of Pakistan (SBP) has introduced a formal system for citizens to obtain newly printed currency notes ahead of Eid-ul-Fitr. The initiative is designed to make access easier and prevent illegal sales in the open market.
Use the 8877 SMS Service
The SBP has activated a dedicated SMS service for requesting fresh notes.
How It Works
Open your mobile SMS application.
Type your 13-digit CNIC, add a space, then enter the code of your nearest bank branch.
Send the SMS to 8877.
You will receive a reply containing:
- A unique transaction code
- The address of the designated branch to collect your notes
This system helps manage demand and ensures fair access to fresh currency.
Visit the Assigned Bank Branch
After receiving your SMS confirmation, visit the specified branch.
What to Bring
- Original CNIC
- Photocopy of CNIC
- Transaction code from the SMS
Bank staff will verify your information and provide fresh notes, usually including Rs10, Rs20, and Rs50 denominations, which are ideal for giving Eidi to children.
Contact Your Bank Directly
If the SMS service is busy or unavailable, you can approach your bank branch directly. Many commercial banks maintain limited stocks of fresh notes for account holders during Ramadan, often prioritizing their customers. Visiting earlier in Ramadan or in early March can improve your chances.
Bank staff can guide you on:
- Availability of fresh notes
- Distribution schedules
- Maximum amount per person
Visit SBP Banking Services Corporation Offices
Another reliable option is to visit SBP BSC offices, which generally hold larger stocks of fresh notes during the Eid season. Major cities with SBP BSC offices include Karachi, Lahore, and Islamabad. Distribution usually operates on a first-come, first-served basis, so arriving early increases your chances of obtaining notes.
Check ATMs During the Last Ten Days of Ramadan
Many banks load relatively fresh banknotes into ATMs during the final ten days of Ramadan. Available denominations often include Rs500 and Rs1,000 notes, which are suitable for giving Eidi to older family members. Regularly checking ATMs during this period can increase the likelihood of withdrawing newer notes.
Open Market Prices
Despite the official system, some people buy notes from the open market. Traders sell fresh bundles at higher rates:
- Rs10 notes (worth Rs1,000) sell for Rs1,200–1,300
- Rs50 notes (worth Rs5,000) sell for Rs5,500–6,000
Why Fresh Notes Are in High Demand
Demand for crisp notes, especially Rs20 and Rs50 denominations, surges before Eid as elders give them as Eidi to children. Children use these notes to buy sweets and toys, making the festive occasion more memorable.