The Punjab Provincial Cooperative Bank Limited

The Punjab Provincial Cooperative Bank Limited (PPCBL) operates in Pakistan. It provides a range of banking services. This documentation details its core operations and products for July-December 2025.

Conventional Banking Services

PPCBL offers diverse retail deposit and savings products. Saving Accounts require a PKR 1,000 minimum opening balance. Profit payments occur quarterly. The Monthly Saver Account features a 12-month fixed monthly deposit tenure. It also includes auto-renewal of principal and profit on maturity. The Monthly Income Scheme has a 5-year tenor. It offers a monthly profit rate of SBP-prescribed PLS plus 0.25%. The Kids Education Plan has a 10-year tenor. Its profit rate locks in at 1.5× the savings rate for the first five years. Rupee Special Notice Deposits require a 7-day notice period. A 0.5% flat penalty applies for premature withdrawals. Rupees Regular TDR offers tenor options of 1, 2, 3, or 5 years. It provides an auto-rollover facility at the prevailing TDR rate. Current Accounts have no minimum balance requirements. They also include a free cheque book and instant-issue PayPak debit facility.

The bank provides various retail financing options. PPCBL Sunshine Solar Finance for Agro Based Products (IND) offers loans up to PKR 2 million. It has a PKR 3,000 flat processing fee. PPCBL Zarai Tools Finance (Kissan Fayda) (IND) has a maximum 3-year tenure. This loan also charges a PKR 3,000 flat processing fee. For cooperatives, PPCBL Sunshine Solar Finance (SOC) is exclusive to these entities. It also carries a PKR 3,000 processing fee. PPCBL Zarai Tools Finance (Kissan Fayda) (SOC) has a maximum loan limit of PKR 500,000. Its processing fee is PKR 3,000 flat. Medium Term Lease Finance (IND) has a 15-year tenor. It charges a PKR 7,000 flat processing fee. Medium Term Lease Finance (SOC) uses equipment-only collateral. The processing fee is PKR 3,000 flat.

PPCBL also handles corporate and trade finance. Medium Term Lease Finance (SOC) is for registered cooperatives. It has a maximum quantum of PKR 5 million. Guarantee Issuance incurs a 0.40% commission per quarter. The minimum guarantee fee is PKR 2,000. Guarantee Amendment costs PKR 2,000 flat per amendment. This covers amount or date changes. Guarantee Cancellation also costs PKR 2,000 flat. It ensures immediate lien release upon cancellation. Real Time Gross Settlement (RTGS) uses SBP-compliant channels. A peak-hour fee of PKR 550 applies per transaction. NIFT Clearing for local same-day transactions is free. Intercity NIFT clearing costs PKR 100 per instrument. Documentary Bills for Collection (outward) are 0.4% with a minimum of PKR 500. Inward bills cost 0.1% with a minimum of PKR 100. Clean Bills for Collection cost 0.25% with a minimum of PKR 250, plus courier charges.

Islamic Banking and Digital Services

PPCBL offers Islamic Banking products through a standalone window. The PPCBL Islamic Current Account has no profit-sharing requirement. This account links to a Qard contract. The PPCBL Islamic Saving Account uses a 70:30 profit-and-loss sharing ratio. Profit distribution occurs quarterly. PPCBL Islamic Home Finance uses a Diminishing Musharaka model. It offers a tenor of up to 20 years. PPCBL Islamic Auto Finance (Ijara) has an Ijara lease tenure of 15 years. It includes a purchase option at 5% residual value. PPCBL Islamic Business Finance (Murabaha) features a mark-up fixed at signing. Its maximum tenor is 2 years.

The bank provides various digital and card services. The PayPak Debit Card (Annual) has an issuance fee of PKR 2,000. PIN changes at any 1LINK ATM are free. A Supplementary PayPak Card costs PKR 1,800 annually. A maximum of four supplementary cards are allowed per primary. Card Replacement costs PKR 2,000 flat. Instant-issue depends on branch-level availability. ATM/Debit Card Switch Transactions incur a PKR 25 fee per off-us withdrawal. An off-us balance enquiry costs PKR 5. Inter-Bank Funds Transfer (IBFT) has tiered fees: PKR 25 up to 25 K, PKR 50 up to 200 K, and PKR 100 above 200 K. IBFT services are available 24×7. SMS Alert Service costs PKR 250 per month for individuals and sole-props. Entity accounts pay PKR 400 per month.

Ancillary and Value-Added Services

PPCBL offers additional ancillary and value-added services. Locker Rent for a small locker is PKR 2,000 per annum. A refundable key deposit is also required. A 10% rent surcharge applies quarterly on late payments. Safe Custody of Gold Ornaments costs PKR 5,000 per annum flat. This service includes insurance coverage up to PKR 500,000. Stop Payment costs PKR 300 per cheque. It remains valid for 90 days. Duplicate Statement Issuance costs PKR 30 per half-year statement. Delivery options include branch-pick or courier. An eCIB Report costs PKR 300 per report. This service provides real-time SBP-integrated querying. Succession Certificate Verification costs PKR 200 per verification. It uses a direct NADRA portal interface. SECP Portal Document Verification costs PKR 3,500 per upload. This service features real-time SECP integration.