Pakistan Raises Daily Cash Transaction Limit in Banks to 3 Million Rupees

KARACHI: The Government of Pakistan has announced an increase in the daily cash transaction reporting limit in banks from 2 million to 3 million rupees, effective immediately. This decision, made on October 29, 2026, aims to facilitate smoother financial operations across the country.

The State Bank of Pakistan issued a statement confirming the adjustment, emphasizing that the new limit is intended to enhance liquidity in the banking sector and support businesses in managing their cash flow more effectively. Officials noted that this change reflects the government’s commitment to adapting financial regulations to meet the evolving needs of the economy.

This increase in the cash transaction limit is expected to have significant implications for both consumers and businesses. By allowing higher cash withdrawals and deposits, the government aims to reduce the burden on businesses that rely heavily on cash transactions, particularly in sectors where digital payments are less prevalent. Economists suggest that this move could stimulate economic activity and improve overall financial inclusion.

Looking ahead, the government plans to monitor the impact of this policy change closely. Further discussions are anticipated in upcoming meetings with financial institutions to assess the effectiveness of the new limit and explore additional measures to enhance the banking sector’s efficiency.