Banks Removed from Pensioner Biometric Verification Process
The federal government has removed commercial banks from the administrative process of biometric verification and proof of life certification for … Read More The post Banks Removed from Pensioner Biometric Verification Process appeared first on ProPakistani .
The federal government has removed commercial banks from the administrative process of biometric verification and proof of life certification for pensioners, shifting the verification process to the National Database and Registration Authority (NADRA). Under the new system, NADRA will transmit pensioners’ digital life signals directly to the Controller General of Accounts and Military Accountant General through a secure application programming interface.
Commercial banks will now act only as pension disbursement agencies and will not normally be responsible for verifying, collecting, retaining or validating proof of life certificates or biometric data. The government has also ordered banks not to mark pension accounts as dormant for the purpose of processing or disbursing pensions.
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