According to State Bank of Pakistan, Zakat will be deducted by banks from Saving Accounts, Profit and Loss Sharing Accounts and Similar Accounts having credit balance of over Rs 35,557 on first of Ramzan-ul Mubarak.
Meanwhile, banks from Monday to Thursday will observe timings from 8:00 am to 1:45 pm and on Friday from 8:00 am to 12:00 noon during Ramazanul Mubarak.