Banks and Development Finance Institutions (DFIs) have surrendered their unclaimed deposits up to December 31, 2025, to the State Bank of Pakistan (SBP), making the funds available with the central bank for eligible claimants. The surrender of these deposits is part of the established process through which unclaimed funds held by banks and DFIs are transferred to the State Bank of Pakistan after meeting the applicable requirements. The latest development allows individuals and other eligible claimants with valid claims to approach the central bank for processing and refund of their deposits.
The State Bank of Pakistan said the surrendered deposits are now available with the central bank for processing refund claims. This means that claimants whose deposits fall within the surrendered period can submit their claims to seek the return of eligible funds. The process provides a mechanism through which unclaimed deposits can be recovered by their rightful owners or other eligible claimants after the funds have been transferred from the respective banks and DFIs to the central bank.
Unclaimed deposits can arise when customers do not operate or otherwise claim funds maintained with financial institutions for the applicable period. Banks and DFIs are required to surrender such deposits to the State Bank of Pakistan in accordance with the relevant banking framework. Once the deposits have been surrendered, the central bank maintains the funds and provides a process through which eligible claimants can submit refund applications.
The latest surrender covers unclaimed deposits up to December 31, 2025. The date establishes the period for which the relevant deposits have been transferred to the State Bank of Pakistan. Claimants whose funds are included in the surrendered deposits can now initiate the refund process through the central bank. The availability of a centralised refund mechanism provides customers with a route to pursue claims even after the deposits have been surrendered by their original financial institutions.
The development is also relevant for customers who may have old or inactive banking relationships and are uncertain about the status of funds previously held with a bank or Development Finance Institution. Eligible claimants can review the information made available by the State Bank of Pakistan and submit claims where they believe they are entitled to recover unclaimed deposits. The central bank will process the claims in accordance with the applicable requirements.
The State Bank of Pakistan has made information regarding surrendered unclaimed deposits available through its dedicated unclaimed deposits service. Claimants can use the central bank’s resources to check the relevant information and proceed with applications for eligible refunds. The process is intended to provide a formal channel for recovering funds that have been transferred to SBP after remaining unclaimed with banks and DFIs.
The surrender of deposits does not mean that eligible claimants lose their ability to seek the funds. Instead, the transfer places the unclaimed deposits with the State Bank of Pakistan, where refund claims can be processed for individuals or entities that meet the eligibility requirements. This provides an established mechanism for dealing with deposits that have remained unclaimed with financial institutions for the required period.
For banking customers, keeping account information and contact details updated with financial institutions can help reduce the likelihood of deposits becoming unclaimed. Customers who have old accounts, deposits or other banking relationships may also benefit from checking their records periodically, particularly where an account has remained inactive for an extended period.
The latest development confirms that banks and DFIs have completed the surrender of unclaimed deposits up to December 31, 2025. The funds are now with the State Bank of Pakistan, which is responsible for processing refund claims submitted by eligible claimants. Customers seeking to recover such deposits can access the SBP unclaimed deposits information and follow the applicable claim process to request a refund.
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