It is a saving 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 PLS 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.

• No account maintaining charges
• Free online banking
• 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 account balance and statement of account is available.
• 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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