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Depositor Protection Mechanism

Protecting your funds to maintain public trust in the banking system & support financial stability

Depositor Protection Mechanism
Overview

The Deposit Protection Corporation (DPC) was established under the Deposit Protection Corporation Act, 2016 (the Act of Parliament of Pakistan) as a subsidiary of the State Bank of Pakistan (SBP). It commenced its operations on June 1, 2018.​

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 in Pakistan as and when notified by State Bank of Pakistan.

It has now been decided to enhance the level of protected deposit from Rs. 500,000/- (Rupees Five Hundred Thousand) to Rs. 1,000,000/- (Rupees One Million) per depositor per bank with effect from the date of DPC circular letter No. 03 of 2024, dated October 01,2024.

DPC is governed by a Board of Directors under the Chairmanship of Deputy Governor of State Bank of Pakistan, while the Managing Director administers its affairs.

For more details, please visit www.dpc.org.pk