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Business & Finance

Bank Alfalah provides CNIC facility for Ehsaas Beneficiaries

  • Many beneficiaries of Gilgit-Baltistan, Khyber Pakhtunkhwa, and Azad Jammu & Kashmir as well as migrated beneficiaries from these regions who were facing problems in biometric verification can now visit any of the designated Bank Alfalah branches open t
Published June 23, 2020

As the Government of Pakistan continues to assist beneficiaries across the country under the Ehsaas Emergency Cash Disbursement Programme 2020, Bank Alfalah has introduced an innovative solution to cater to beneficiaries whose biometric verification is not possible due to a number of reasons.

Many beneficiaries of Gilgit-Baltistan, Khyber Pakhtunkhwa, and Azad Jammu & Kashmir as well as migrated beneficiaries from these regions who were facing problems in biometric verification can now visit any of the designated Bank Alfalah branches open to facilitate them with their CNIC and phone.

The CNIC number is verified using NADRA’s Verisys system, and a two-part One-Time Password (OTP) is generated. Entering the code and the Verisys report into the database confirms the identity of the Ehsaas beneficiary and subsequently they can immediately withdraw their funds from their account from the branch itself.

“We understand that the demographics of our remote areas are diverse, and we acknowledge the need to leverage technology to assist all our beneficiaries,” said Yahya Khan, Group Head - Digital Banking.

The Ehsaas Emergency Cash Disbursement is claimed to be the largest social welfare fund in Pakistan’s history, valued at over Rs. 144 billion.

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