INTRODUCTION OF A SMOOTH DIRECT PENSION SYSTEM FOR GOVERNMENT PENIONS AT NATIONAL BANK OF PAKISTAN
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Date
2018
Journal Title
Journal ISSN
Volume Title
Publisher
University of Management and Technology
Abstract
The reason for this examination is to encourage old beneficiaries with the goal that they could get their pension easily. The proposed design is to present Direct Credit System of Pension into their Accounts as opposed to pension books. For this reason, we went by different branches of National Bank of Pakistan and led interviews with bank staff and retired people also to better comprehend the association's necessities and worries so as to think of best arrangements.
For directing the underlying exploration, we have embraced quantitative research. Essential information is gathered through polls from beneficiaries and workers of bank staff occupied with benefits process. Optional information is gathered from web sources and financial review of Pakistan. Moreover, the examination talks about the circumstance of Pensioners and features the workload on bank counters also. In light of that, the examination looks at which will be the most achievable and temperate approach to defeat this issue.
By keeping in see the age factor, medical problems and practicality to visit bank as often as possible, we proposed a smooth and bother free annuity process which won't just facilitate the retired people yet in addition the banks too. The fundamental point of a bank is to win benefit. By presenting such framework, banks will have the capacity to tap a potential un-tapped market. Banks won't simply gain benefits yet will likewise have the capacity to build client mind which will at last diminishing client grumblings and increment consumer loyalty.
Description
Supervised by: Khalil Ahmed Arbi
Keywords
Essential information is gathered through, National Bank of Pakistan, MBF