SBP’s instructions on pensioners biometric verification

SBP’s instructions on pensioners biometric verification

KARACHI: The State Bank of Pakistan (SBP) on Friday issued instructions regarding biometric verification of pensioners.

Prior to these instructions the SBP issued BC&CPD Circular Letter No. 01 dated February 01, 2021 and File Letter No. BC&CPD/O&SSD/BVS/5873 dated May 27, 2021 on the subject.

The Finance Division issued a letter on December 08, 2021 on the subject of Biometric Verification Service, contents of which are self-explanatory, the central bank said.

The said instructions of bio metric verification service are for pensioners drawing pension from AGPR Islamabad. All banks are advised to comply with the instructions contained therein.

Further, all banks are advised to ensure widespread publicity of the above initiative through branches and other means for awareness of the pensioners.

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