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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. 500,000/- (Rupees five Hundred Thousand) per depositor per bank has been determined by Deposit Protection Corporation (DPC) as the guarantee amount.

For further details, please visit nearest Bank AL Habib branch or call at 111-014-014.

Visit the Deposit Protection Corporation Website

FAQs on Deposit Protection Mechanism

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Downloadable Circulars

  • DPC Circular No. 01 of 2018 - Notification of Board of Directors
  • DPC Circular No. 02 of 2018 - Declaration of Commencement of Business of Deposit Protection Corporation
  • DPC Circular No. 03 of 2018 - Member Institutions of Deposit Protection Corporation
  • DPC Circular No. 04 of 2018 - Deposit Protection Mechanism
  • DPC Circular No. 05 of 2018 - Shariah Compliant Deposit Protection Mechanism for Islamic Banking Institutions