State Bank of Pakistan has launched "Deposit Protection Mechanism for Banking Companies" vide DPC Circular No. 4 of 2018 dated June 22, 2018 effective from July 01, 2018.
As per Section 7(l) of the Deposit Protection Corporation Act, 2016, an amount up to Rs. 500,000/- (Rupees Five Hundred Thousand) per depositor per bank has been determined by Deposit Protection Corporation (DPC) as the guarantee amount.
For further details, please visit the Deposit Protection Corporation Website or your nearest Bank AL Habib branch. You may also call at 111-014-014.