JS / Deposit Protection Corporation

Deposit Protection Corporation

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 upto 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 State Bank of Pakistan and is not payable under any other circumstances.
For more information and clarity, detailed Frequently Asked Questions (FAQs) have been developed and posted at DPC website (www.dpc.org.pk).

2021

DPC Circular Letters 2021
Circular Letters Date Description
DPC Circular Letter No. 01 of 2021 January 30, 2020 Notification for Enhancement of Guarantee Amount (Protected Deposit)

2020

DPC Circular Letters 2020
Circular Letters Date Description
DPC Circular Letter No. 02 of 2020 August 04, 2020 Notification
DPC Circular Letter No. 01 of 2020 January 30, 2020 Member Institutions of Deposit Protection Corporation (DPC)

2019

DPC Circulars 2019
Circular Date Description
DPC Circular No. 01 of 2019 March 15, 2019 Information System for Protected Depositors of Member Banks Urdu
DPC Circular Letters 2019
Circular Date Description
DPC Circular Letter No. 01 of 2019 December 05, 2019 Information System for Protected Depositors of Member Banks

2018

DPC Circulars 2018
Circular Date Description
DPC Circular No. 05 of 2018 November 05, 2018 Shariah Compliant Deposit Protection Mechanism for Islamic Banking Institutions Urdu
DPC Circular No. 04 of 2018 June 22, 2018 Deposit Protection Mechanism for Banking Companies
DPC Circular No. 03 of 2018 June 22, 2018 Member Institutions of Deposit Protection Corporation (DPC)
DPC Circular No. 02 of 2018 May 31, 2018 DPC Circular 2 - Declaration of Commencement of Business of Deposit Protection Corporation
DPC Circular No. 01 of 2018 April 06, 2018 Notification of Board of Directors
DPC Circular Letters 2018
Circular Date Description
DPC Circular Letter No. 01 of 2018 October 15, 2018 Exclusion of Deposits of Various Institutions from Protected Deposits

Please visit this site for details of further FAQs for Banks and Financial Institutions: http://www.dpc.org.pk/FAQ-b.asp