Information about National Saving Schemes

Defence Savings Certificates Certificates can be purchased from any National Savings Centre (NSC), Pakistan Post Offices (PPO), Authorized branches of Scheduled Banks and State Bank of Pakistan (SBP) by filling in a prescribed form called SC-1, which is available at all the above offices of issue free of cost. A …

Non-resident Pakistanis seeking ID cards should be given monetary concessions: SC

The Supreme Court said on Thursday that Pakistanis who are living abroad should be given monetary concessions by the National Database and Registration Authority (Nadra) in the issuance of identity cards. A three-judge bench headed by Chief Justice of Pakistan (CJP) Justice Mian Saqib Nisar was hearing a suo motu …

OPF forms advisory committee

Overseas Pakistanis Foundation (OPF) has approved the constitution of 137-members Overseas Pakistanis Advisory Council (OPAC) comprising prominent overseas Pakistanis from across the world. The decision was taken in 138th meeting of OPF Board of Governors held at OPF Head Office. The newly formed OPAC is mandated to serve as a …

Gwadar steals attention as real estate market fluctuates

By Shahram Haq Pakistan’s real estate market saw a fluctuating trend in February with some areas showing growth. According to statistics released by Zameen.com, a property portal, investor sentiments turned towards Gwadar, which is in the limelight due to the China-Pakistan Economic Corridor (CPEC) initiative. Another preference for realty investors …

OPF increases financial aid for deceased Overseas Pakistanis

APP: Overseas Pakistanis Foundation (OPF)’s Board of Governors has increased its financial aid scheme from Rs-250000 to Rs-400000 per family of deceased overseas Pakistanis and Rs-300000 for disabled persons. An official source said, “This scheme will help the bereaved families to overcome their initial financial issues soon after the demise …

Pakistan, UK firms join hands to offer digital remittance services

At a time when remittances to Pakistan slow down, a leading mobile financial services company has partnered with a global digital money transfer firm to attract 5% of total remittance flow to the country. Announcing the formal launch of digital remittance services, in partnership with UK-based WorldRemit, Mobilink International Remittance …