It is a current account opened in the light of Supreme Court’s SUO MOTO notice (in year 2007) regarding problems being faced by the pensioners and its subsequent order that pension may be disbursed through all branches of all the licensed banks in Pakistan.
BOP Current Direct Pension Credit Account can be opened by any individual pensioner. Purpose of account opening will be specifically mentioned on the AOF as “Direct Credit of Pension” only.

• Free online banking
• No fee or service charges for maintaining such account will be charged.
• Copy of Pension Book mentioning monthly amount of pension and other particulars will also be required alongwith other documents as required in case of individual accounts.
• Pensioner & Co-indemnifier will indemnifying the bank (on stamp paper) to the extent of six month’s aggregate pension amount or authorize the bank to mark lien on his/her account upto this amount either by depositing cash or by no withdrawal of monthly pension upto six consecutive months.
• Free e-banking facility to view statement of account
• SMS Alert facility is available subject to payment of annual charges as per bank’s schedule of charges.
• Free of Cost Utility Bills Deposit Facility through BOP ATM Network, BOP Phone Banking and self service IVR system is available.
• Terms and conditions apply

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