Government of Pakistan's Initiative

Pakistan Banao Certificates


Pakistan Banao Certificates (PBC) is a sovereign US Dollar denominated retail level instrument, for Pakistanis having bank accounts overseas. The PBC is the first sovereign retail instrument being offered by Government of Pakistan (GoP) that allows overseas Pakistanis to contribute in their country’s development and earn handsome returns. The PBCs are available for 3 years and 5 years maturity with profit rates of 6.25 percent and 6.75 percent per annum respectively payable semiannually. The salient features of these certificates are as under:

  • Digital Subscription

  • PBC is being offered for subscription through a specially designed Web-Portal. The investors first register themselves on the portal and give their investment and bank account details on successful registration. The certificates are issued to the investors electronically on receipt of funds in State Bank of Pakistan Account given on the portal. The investor receives confirmation of the issuance of the certificates both through email and updation of their account on the portal. The investors can view the status of their application by accessing the web-portal through their respective User ID and Password.

  • Eligible Investors

  • The holders of any one or more of following documents and having own bank account abroad, are eligible to subscribe the PBCs.

    • Pakistani individual having Computerized National Identity Card (CNIC).
    • Pakistani individual having National Identity Card for Overseas Pakistanis (NICOP).
    • Holders of Pakistan Origin Card (POC).

  • Minimum Investment Amount:

  • Minimum investment amount is USD 5,000 or higher in the integral multiple of US$1,000 with no maximum limit.

  • Transfer of Funds:

  • The investor will remit the intended investment amount from his/her own account outside Pakistan to the SBP account with National Bank of Pakistan (NBP) New York to be notified to the investors on completion of investment details on the portal.

    Investors are requested to ensure that the funds reaching the SBP account with NBP New York are equivalent to their intended investment amounts net of bank charges, if any.

  • Type of Instrument:

  • PBCs is a scrip-less instrument registered in the Securities General Ledgers Account (SGLA) maintained at State Bank of Pakistan (SBP). PBCs so issued will be residing in an Investor Portfolio Security Account (IPS) of the investor, so as to keep track of investment of each individual investor.