Govt directs banks to implement revised SOP for digital pension Proof of Life

PSX Update • Sep 22, 2026

The federal government has formally withdrawn commercial banks from biometric verification and Proof of Life Certificate (PoLC) checks for pensioners, transferring the process to a direct digital link between the National Database and Registration Au

September 22, 2026 (MLN): The federal government has formally withdrawn commercial banks from biometric verification and Proof of Life Certificate (PoLC) checks for pensioners, transferring the process to a direct digital link between the National Database and Registration Authority (NADRA) and the Controller General of Accounts (CGA) and Military Accountant General (MAG). The State Bank of Pakistan (SBP) circulated...