Business

NADRA launches new service for bank deposits through e-Sahulat

Published by
Staff Reporter

ISLAMABAD: In a recent development, the National Database and Registration Authority (NADRA) has recently introduced a service that allows Pakistani citizens to deposit money in their accounts at over 50 banks through NADRA e-Sahalat.

This facility will be available at more than 9,000 e-Sahulat franchises throughout the country, with biometric verification of the depositors.

This initiative aims at ensuring broad access to financial services and expanding digital banking throughout the country. NADRA also clarified that problems arising from the biometrics are not a result of its system, and facilities for identity verification through the “Verisys” system are available to all financial institutions.

This ground-breaking step follows an agreement signed between NADRA Technologies Limited and 1LINK. The ceremony was attended by State Bank of Pakistan Deputy Governor Saleemullah and the NADRA Chairman.

Additionally, NADRA  is introducing a facial recognition verification system, jointly with the State Bank of Pakistan and Pakistan Telecommunication Authority. This service will be given access to all banks and telecom operators once completed.

Staff Reporter

Recent Posts

Pakistan’s timely policy may shield it from proposed U.S. additional tariffs

ISLAMABAD (Rizwan Abassi): Pakistan’s recent trade policy has gained significance amid reports that the United…

12 hours ago

Govt set to brief PPP on crucial legal changes ahead of Budget

ISLAMABAD: Important legislation may be considered in the negotiations between the Pakistan People's Party (PPP)…

13 hours ago

No visa agent needed! UK High Commissioner shares step-by-step visa guide

ISLAMABAD: If you are thinking of applying for a UK visa from Pakistan and are…

13 hours ago

Famous Anti-biotic medicine ‘Azomax’ declared fake

LAHORE: The Drugs Control of Punjab declared a Class-I alert after the lab tests confirmed…

13 hours ago

Unmarried women can now get financial support from BISP

KARACHI: The government has decided to include unmarried women above the age of 35 in…

14 hours ago

Minimum salary of 45,000 proposed in Budget 2026-27

ISLAMABAD: The Pakistan Institute of Development Economics (PIED) has recommended setting the minimum monthly wage…

15 hours ago