State Bank of Pakistan has launched "Deposit Protection Mechanism for Banking Companies" vide DPC Circular No. 4 of 2018 dated June 22, 2018 effective from July 01, 2018. As per Section 7(l) of the Deposit Protection Corporation Act, 2016, an amount up to Rs. 250,000/- (Rupees Two Hundred and Fifty Thousand) per depositor per bank has been determined by Deposit Protection Corporation (DPC) as the guarantee amount.
For further details, kindly go through the circulars issues by Deposit Protection Department,. You may also visit nearest ICBC Branch or call at (021)111-1-95588.
Circular 1 Notification of Board of Directors
Circular 2 Declaration of Commencement of Business of Deposit Protection Corporation Circular 3 Member Institutions of Deposit Protection Corporation(DPC) Circular 4 Deposit Protection Mechanism for Banking Companies Circular 5 DPC Act Circular6 SBP PR 22-6-2018 Deposit Protection Mechanism for Banking Companies Circular 7 DPC
Circular 8 Declaration of Commencement of business of DPC
Circular 9 Member institutions of DPC
Circular 10 2018 - DPC for banking companies
Circular 11 Circular letter 01 of 2018
Circular 12 2019 -Information system for protected depositors of member banks
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