People across Pakistan are preparing for the upcoming celebrations of Eid al-Fitr. One of the most celebrated traditions during the festival is giving “Eidi”, where elders present cash gifts to children.
For this tradition, fresh currency notes are usually made available through the State Bank of Pakistan and commercial banks across the country ahead of Eid.
Many families prefer to distribute new banknotes of different denominations, especially Rs100 notes, which children often use to buy gifts, sweets and toys during the festivities.
However, due to high demand and limited availability at banks, some people struggle to obtain fresh bundles. In such cases, many turn to the open market where shopkeepers sell fresh notes at a higher price.
Rs100 currency note bundle price
A standard bundle of Rs100 notes has a total value of Rs10,000, but in the open market buyers are required to pay an additional premium.
Currently, the Rs100 fresh currency note bundle is being sold for around Rs10,700 to Rs11,000, depending on availability and demand.
How to get new currency notes for Eid ul Fitr in Pakistan?
The State Bank of Pakistan (SBP) earlier explained the official procedure for getting new currency notes.
According to the officials the purpose of this step is to make it easier for citizens to get new notes.
It is also expected to stop the illegal sale of fresh notes and extra charges in the open market.
How to get new notes
The central bank said people can get bundles of new notes by following these steps.
SMS registration
Type your 13 digit CNIC number on your mobile phone. Leave a space and write the code of your nearest bank branch. Send this message to 8877.
Confirmation code
You will receive a reply SMS. It will contain a unique transaction code and the address of the bank branch.
Collection of fresh notes
Visit the mentioned bank branch with your original CNIC and a photocopy. After verification you will receive the new notes.
The central bank has clearly said that no extra fee is charged for this service.
However, many people still go to the open market. This happens when the bank quota finishes or when people want the notes quickly. In the open market sellers charge higher prices.
