State Bank orders for biannual biometric verification of pensioners.

Byline: Shaikh Sindhi

KOTRI -- The State Bank of Pakistan has stated that the pensioners will now have to undergo biometric verification twice a year. According to the details, after the government's decision to replace the life certificate with biometric verification, the State Bank of Pakistan (SBP) has issued a circular for banks with immediate effect. Pensioners will be required to get biometric verification from any branch holding their bank pension account in March and September every year. The new system will help prevent ghost pensioners and reduce the burden on the budget. Today, the federal government decided to provide biometric verification of pensioners twice a year. The decision by the federal government said that pensioners will be required to provide biometric verification twice a year in March and September. If a...