All Banks/ DFIs
Sirs / Madam,
Prudential Regulation M-1 – Obtaining Computerized
Identity Card (CNIC) from all the Customers of Banks / DFIs
refer to BPRD Circular Letter No. 18 dated July 03, 2009
on the above subject.
Although old NIC ceased
to be a valid document after January 31, 2004 in terms
of Interior Division’s SRO No. 1139 dated December
31, 2003, yet State Bank has been providing extended periods
of time to banks/ DFIs for obtaining copies of CNICs from
It has now been decided
to provide final opportunity for regularizing accounts
without CNIC upto December 31, 2009. To this end, banks/
DFIs are advised to adopt the following procedure:
Inform their customers, through print and electronic media,
that upon the expiry of extended deadline of 31-12-2009,
accounts without CINC will be blocked for all debit transactions/withdrawals,
irrespective of mode of payment, until subject regulatory
requirement is fulfilled.
b) Debit block option should be exercised after one month
prior notice is served upon to such customers who have
not submitted copies of their CNICs.
c) Remove the debit block from accounts upon submission
of copy of CNIC.
Banks/ DFIs shall continue
to provide information on progress made on the subject
within seven days of the close of each fortnight, as per
Please acknowledge receipt.