ADVERTISEMENT
Tuesday, April 28, 2026
No Result
View All Result
The AZB More Than Just News
  • HOME
  • Latest News
  • Business
  • PAKISTAN
  • SPORTS
  • WORLD
  • E-Paper
  • SCI-TECH
  • BANKING
  • ARTICLES
  • OPINION
  • MORE
    • MOBILE
    • TELECOM
    • PERSONALITY
    • HEALTH / EDUCATION
  • HOME
  • Latest News
  • Business
  • PAKISTAN
  • SPORTS
  • WORLD
  • E-Paper
  • SCI-TECH
  • BANKING
  • ARTICLES
  • OPINION
  • MORE
    • MOBILE
    • TELECOM
    • PERSONALITY
    • HEALTH / EDUCATION
No Result
View All Result
Daily The Azb
No Result
View All Result
Home BANKING

Bank Alfalah innovates to assist Ehsaas Beneficiaries

News Desk by News Desk
June 23, 2020
Bank Alfalah
Share on FacebookShare on Twitter

As the Government of Pakistan continues to assist beneficiaries across the country under the Ehsaas Emergency Cash Disbursement Programme 2020, Bank Alfalah has introduced an innovative solution to cater to benficiaries whose biometric verification is not possible for multiple reasons, thus ensuring support for such beneficiaries for cash withdrawal from their account.

Many beneficiaries of Gilgit-Baltistan, Khyber Pakhtunkhwa, and Azad Jammu & Kashmir as well as migrated beneficiaries from these regions who were facing problems in biometric verification can now visit any of the designated Bank Alfalah branches open to facilitate them with their CNIC and phone. The CNIC number is verified using NADRA’s Verisys system, and a two-part One-Time Password (OTP) is generated. Entering the code and the Verisys report into the database confirms the identity of the Ehsaas beneficiary and subsequently they can immediately withdraw their funds from their account from the branch itself.

Advertisements

“We understand that the demographics of our remote areas are diverse, and we acknowledge the need to leverage technology to assist all our beneficiaries,” said Yahya Khan, Group Head – Digital Banking. “With this facility, elderly beneficiaries or those with a physical disability can continue to benefit from the Government’s scheme; Bank Alfalah is proud to be an innovator grounded in empathy for its citizens in this challenging time.”

The Ehsaas Emergency Cash Disbursement is claimed to be the largest social welfare fund in Pakistan’s history, valued at over PKR 144 billion. Bank Alfalah, an exclusive partner of the program serving the northernmost areas of the country, has so far disbursed over PKR 28.3 billion.

Advertisements
News Desk

News Desk

Welcome to our web desk! We're a dedicated team of digital enthusiasts passionate about delivering timely and engaging content to our online audience.

Related Posts

NBP Partners with Sheikh Zayed Hospital for Cashless QR Payments
BANKING

NBP Partners with Sheikh Zayed Hospital for Cashless QR Payments

April 24, 2026
Mobilink Bank ranks among Top 10 organizations at GDEIB Awards 2026, recognized across all 15 categories
BANKING

Mobilink Bank ranks among Top 10 organizations at GDEIB Awards 2026, recognized across all 15 categories

April 16, 2026
Meezan Bank’s Entity Ratings have been reaffirmed to AAA/A-1+ by VIS Credit Rating Company Limited.
BANKING

An Asset-Light Innovation Reshaping Pakistan’s Islamic Capital Market

April 16, 2026
Meezan Bank & Indus Cloud Limited Collaborate to Strengthen Pakistan’s Digital Infrastructure
BANKING

Meezan Bank & Indus Cloud Limited Collaborate to Strengthen Pakistan’s Digital Infrastructure

April 14, 2026
easypaisa leads Disbursement for Prime Minister Shahbaz Sharif’s Fuel Package 2026
BANKING

easypaisa leads Disbursement for Prime Minister Shahbaz Sharif’s Fuel Package 2026

April 7, 2026
ABHI Microfinance Bank and PEMRA Partner to Provide Earned Wage Access to Employees
BANKING

ABHI Microfinance Bank and PEMRA Partner to Provide Earned Wage Access to Employees

April 7, 2026
MCB and TDAP Partner to Launch Advanced Financial Tools for SME and Corporate Sectors
BANKING

MCB and TDAP Partner to Launch Advanced Financial Tools for SME and Corporate Sectors

April 7, 2026
Faysal Bank Launches Pakistan’s First Mobile Tap to Cash Service
BANKING

Faysal Bank Launches Pakistan’s First Mobile Tap to Cash Service

April 6, 2026
Sindh Bank Posts Record Pre-Tax Profit of Rs 6.3-Billion for the year ended  December 31, 2025
BANKING

Sindh Bank Posts Record Pre-Tax Profit of Rs 6.3-Billion for the year ended December 31, 2025

April 6, 2026
Bank AL Habib Limited Announces 45% Final Cash Dividend, Total Payout Reaches 150%
BANKING

Bank AL Habib Limited Announces 45% Final Cash Dividend, Total Payout Reaches 150%

March 30, 2026
Next Post
UBL New York branch given compliance timeline in anti-money laundering deficiencies

UBL reject reports of cyber security threats

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *


Most Popular

KP Power Reset: Bureaucratic Empire Shaken at the Top. 

Malik Khuda Bakhsh Meeting Between Humayun Khan, Additional Secretary NEECA on EV Charging Stations

Indus Motor Company declares profit after tax of PKR 5.1 billion.

Karachi Receives Widespread Rainfall as Authorities Issue High Alert

Murtaza Wahab Inaugurates Recycled Plastic Road by English Biscuit Manufacturers in Karachi

Must Read

Flour Price reached the highest level in the country’s history
Headline

Flour Price reached the highest level in the country’s history

September 16, 2022
Social Gatherings
OPINION

Social Gatherings

October 30, 2022
The Azb is a 24/7 online news platform that covers a wide range of topics including business, economics, technology, finance, travel, fashion, and lifestyle.

Quick Links

  • Home
  • About us
  • SCI-TECH
  • Live TV
  • Banking

Useful Links

  • Videos
  • Reviews
  • Advertorial
  • Photos
  • About us
  • Author
  • Home
  • Latest News
  • Partner
  • Privacy Policy
  • Russian Theatre Group Celebrates Fifth Anniversary in Pakistan.
  • Terms and Conditions
  • The Azb – More Than Just News
  • Contact

© Copyright 2024 theazb. All Rights Reserved.

No Result
View All Result
  • HOME
  • Latest News
  • Business
  • PAKISTAN
  • SPORTS
  • WORLD
  • E-Paper
  • SCI-TECH
  • BANKING
  • ARTICLES
  • OPINION
  • MORE
    • MOBILE
    • TELECOM
    • PERSONALITY
    • HEALTH / EDUCATION

© Copyright 2024 theazb. All Rights Reserved.