EOBI pension disbursements: Bank Alfalah brings debit card issuance facility to far-flung areas

Bank Alfalah has decided to establish debit card issuance camps in far-flung areas of the country to expand and expedite pension disbursement to EOBI pensioners through its dedicated digital wallets.
As Bank Alfalah completely takes over the pension disbursal system to EOBI pensioners, pension disbursement from National Bank of Pakistan will discontinue from February 1st, 2017. Currently, more than 270,000 ATM cards have been issued by Bank Alfalah branches. Around 220,000 pensioners received pensions in their EOBI wallet accounts in the month of January 2017. The system has already started doling out immense ease and convenience to the aged pensioners who no longer require visiting bank branches to collect their pensions.
In order to expedite registration and debit card issuance, Bank Alfalah recently set up special camps at Thatta and Khewrato issue EOBI Debit Cards to pensioners of the far-flung areas of lower Sindh and the Salt Range, Punjab respectively. EOBI pensioners from Thatta, Gharo, Makli, Jhampir, Keenjhar and other adjoining areas of Thatta got their cards issued through biometric verification from the camp at EOBI Field Office Thatta. Similarly, EOBI pensioners from the towns of Khewra, Lillah and Pind Dadan Khan are approaching the camp set-up at Municipal Committee Office Khewra. Commenting on the development Yasir Riaz, Bank Alfalah, said: "This will become a role model for the banking industry to cater to the financial and banking needs of the unbanked masses. "-PR