The Deposit Protection Corporation (DPC) has been established under the Deposit Protection Corporation Act, 2016 as a subsidiary of the State Bank of Pakistan (SBP).
The primary objective of DPC is to protect small depositors for the losses incurred by them to the extent of protected amount, in the event of failure of a bank.
The current limit of protected amount for all eligible depositors is up to PKR500,000/- (Rupees five hundred thousand) per depositor per bank.
All scheduled banks operating in Pakistan are mandatory member institutions of deposit protection scheme.
For more details please visit DPC website www.dpc.org.pk
http://www.dpc.org.pk/FAQ-d.asp (For Depositors)
http://www.dpc.org.pk/FAQ-b.asp (For Banks)
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
Circular Letter No. 01, 2021-Notification for Enhancement of Guarantee Amount(Protected Deposit) From Rs. 250,000/- to Rs. 500,000/-