National Savings Customers Can Now Receive Payments Directly Into Bank Accounts

The State Bank of Pakistan Sunday announced the successful integration of the Central Directorate of National Savings (CDNS) with Raast.

With the successful integration, Central Directorate of National Savings (CDNS) customers can now receive their payments directly into their bank accounts without going to branches.

The central bank statement further said “Through this integration with Raast, customers can now receive their payments in bank accounts in a free, fast, and secure way. This will make life easier for those interested in saving schemes.”

The CDNS is the first government entity on-boarded on Raast that will greatly extend SBP’s efforts to digitize payments in Pakistan, the statement added.

Raast is Pakistan’s first instant payment system that will enable end-to-end digital payments among individuals, businesses, and government entities instantaneously.

  • The application is missing on play store and apple store, neither any information and terms and condition on their website, internet banking service login not present on their page and they are linking RAAST ID to what? I left with saying that stupidity is at max. National Saving need complete overhauling.
    I was once told by National Saving staff to come back again to collect bank statement because he was not in mood..! and manager have no power at all other than mare signing the papers without even reading what is written on it.

  • Please inform procedure of how I can direct payment into my Askari Bank account from my behbood savings account and Regular income savings account?

  • There is also no option in NSC of providing periodic statements of accnt n so its v tedious to maintain record of funds collected. This too shld hv been corrected long ago. Hvg direct credit into bank accounts will b a blessing

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