Deposit Protection Mechanism for Banking Companies
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 PKR 250,000/- (Rupees two hundred and Fifty thousand) per depositor per bank. All scheduled banks operating in Pakistan are mandatory member institutions of deposit protection scheme.
For further details, please visit nearest Bank of Khyber Branch or Call at 111-95-95-95.
To Visit DPC website Click www.dpc.org.pk
FAQs
DPC Circulars
- DPC Circular Letter No. 01 of 2020
- DPC Circular Letter No. 02 of 2020
- DPC Circular No. 01 of 2019
- DPC Circular Letter No. 01 of 2019
- 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
