Initiatives

About SBP Initiatives

The State Bank of Pakistan (SBP) has introduced several key initiatives designed to connect overseas Pakistanis with the domestic financial system and provide them with secure investment and banking options.

Roshan Digital Account (RDA)

The Roshan Digital Account (RDA) is a landmark initiative that allows all persons either natural or juridical who fall within the definition of non-resident persons under the Income Tax Ordinance, 2001 (XLIX of 2001) to open, operate and maintain RDA account with designated banks in Pakistan. Key features of RDA are as follows:

  • Fully Digital: Account opening and operation are managed remotely without visiting any bank branch or embassy.
  • Lifestyle Banking: Provides access to bill payments, fund transfers, e-commerce, and specialized financing like Roshan Apni Car and Roshan Apna Ghar.
  • Full Repatriability: Funds in the account, including any profit earned from investments, can be remitted back abroad at any time without prior SBP approval.
  • Tax Benefits: Profit on RDA deposits is tax-exempt, and there is no requirement to file tax returns for these specific earnings.

Home Remittance

Home remittances are one of the key sources of foreign exchange for Pakistan and play a vital role in supporting the country's balance of payments, strengthening economic stability, and improving the livelihoods of millions of families. The State Bank of Pakistan, in collaboration with the Government of Pakistan, is committed to facilitating secure, convenient, and cost-effective remittance services through formal channels.

Zarkhez-e Portal

The Zarkhez-e Portal is a centralized digital platform designed to modernize agricultural finance by offering transparent, real-time access to credit schemes, data, and resources for farmers and financial institutions. By improving information flow and streamlining processes, the portal strengthens risk assessment, enhances credit visibility, and supports evidence-based policymaking—ultimately boosting rural financial inclusion and agricultural productivity. For further details, please follow the link: