SBP orders banks to establish special counters for pensioners
KARACHI : State Bank of Pakistan on Monday has directed all the banks to establish special counters in their branches in order to facilitate the pensioners and solve their problems.
According to a press release issued by SBP on Monday, the decision was taken in a meeting held on October 16, 2015 headed by Finance Minister Ishaq Dar.
It was ascertained during the meeting that banks should provide assistance to the pensioners regarding transfer of online pension.
Besides this the banks should also become vigilant in case they do not receive non-marriage or life certificate for more than six months.
State Bank has also stated that the banks should formally implement the rules regarding pensioners from December 31.