The Deposit Protection Corporation (DPC) has been established under the Deposit Protection Corporation Act, 2016 as a subsidiary of the State Bank of Pakistan (SBP). The primary objective of FPC is to protect small depositors for the losses incurred by them to the extent of protected amount, in the event of failure of a bank. The current limit of protected amount for all eligible depositors is PKR 500,000/- (Rupees Five hundred thousand only) per depositor per bank.

All scheduled banks operating in Pakistan are mandatory member institutions of deposit protection scheme.