Deposit Protection Corporation (DPC) is a subsidiary of State Bank of Pakistan and commenced its operations under the provision of DPC Act 2016. The objective of the Corporation is to compensate the eligible depositors in case the bank declared as failed by the State Bank of Pakistan.
For the purpose, Corporation has determined protected amount of up to PKR 500,000/- for all eligible depositors on per depositor-per bank basis. The amount is payable to eligible depositors only if a bank is declared as a failed bank by the State Bank of Pakistan and is not payable under any other circumstances.
For more information & clarity, detailed Frequently Asked Questions (FAQs) have been developed and posted at DPC website (www.dpc.org.pk)
Please see the below circulars issued by DPC SBP that can be accessed at SBP website via URL https://www.sbp.org.pk/dpc/index.htm
For more details please visit any Zarai Taraqiati Bank Limited Branch.