Bank deposit insurance limit increased in Pakistan
Key takeaways
- The enhanced protection was disclosed in DPC’s Annual Report for fiscal year 2024-25, released on June 10.
- According to the report, Pakistan’s banking sector had 91.78 million depositors as of June 30, 2025, of which 90.83 million qualified as eligible depositors under the protection scheme.
- DPC operates as a wholly owned subsidiary of the State Bank of Pakistan and is mandated to reimburse protected deposits if a member bank fails.
Why this matters: local context for readers following news across Pakistan and the region.
Add ARY News on Google AAResize The Deposit Protection Corporation (DPC), a subsidiary of the State Bank of Pakistan (SBP), has increased the protection limit for eligible bank depositors to Rs1 million per depositor per bank, doubling the previous coverage amount and extending greater financial security to millions of account holders.
The enhanced protection was disclosed in DPC’s Annual Report for fiscal year 2024-25, released on June 10. The corporation said the increase marks the second upward revision in depositor coverage since its establishment under the Deposit Protection Corporation Act, 2016.
According to the report, Pakistan’s banking sector had 91.78 million depositors as of June 30, 2025, of which 90.83 million qualified as eligible depositors under the protection scheme. Their deposits are now protected up to Rs1 million per depositor per bank.