How To Get EOBI Pension From Bank Alfalah ATM Card?

Salam all EOBI Pensioners, we hope that you will enjoy your retirement life. Many new pensioners facing to draw an EOBI pension from Bank Alfalah.

Today In this article, we’ll provide you a step-by-step guide on getting your EOBI pension through a Bank Alfalah ATM card, from account opening to ATM card activation. For complete guidelines, please read the below steps carefully:

How To Get EOBI Pension From Bank Alfalah ATM Card?



Account Opening:

Visit any Bank Alfalah branch nationwide.

Carry your original CNIC and EOBI pension book.

Inform the bank representative you want to open an EOBI pension account.

They will guide you through the application process and collect the necessary documents.

You will need to provide biometric verification (fingerprint scan) during the registration.

Once your account is opened, you will receive an account number and a bank statement.



EOBI Pension Card Request:

In the same branch or at a later visit, request an EOBI pension ATM card.

Inform the bank representative you want to receive your pension through the card.

They will process your request and initiate card issuance.

You might need to pay a nominal fee for the card.



EOBI Pension Card Activation:

Once you receive your EOBI pension card, it needs activation before use. You can activate your card in two ways:

Call Bank Alfalah customer support: Dial 021-111-225-229 (24/7 helpline).

Use Alfalah Internet Banking:

Log in to your internet banking account.

Navigate to the "Cards" section.

Select your EOBI pension card and choose "Activate."

Follow the on-screen instructions to complete the activation.



EOBI Pension Withdrawal:

After successful activation, you can withdraw your EOBI pension from any Bank Alfalah ATM or any ATM within the 1Link network (over 10,000 ATMs across Pakistan).

Insert your card, enter your PIN, and select "Withdrawal."

Choose the desired amount and follow the on-screen instructions to complete the transaction.




How To Get EOBI Pension From Bank Alfalah ATM Card in USA?

Unfortunately, directly withdrawing your EOBI pension from a Bank Alfalah ATM card in the USA is not possible. This is because the EOBI program is specific to Pakistan and its banking infrastructure.




The card is linked to your Pakistani bank account, and international ATMs typically only allow transactions linked to accounts in the issuing country. However, you still have options to access your EOBI pension while residing in the USA:



Transfer the pension to a US bank account:

Open a US bank account. Obtain your account details (IBAN and bank address). Contact Bank Alfalah customer support (111-225-229) and request an international transfer. Provide them with your US bank account details and the desired amount to transfer. The transfer may take several business days to complete, and fees may apply.



Withdraw the pension through a correspondent bank in the USA:

Bank Alfalah has correspondent banking relationships with various international banks, including some in the USA. Contact Bank Alfalah and inquire about their correspondent banks in your area. Visit a correspondent bank branch with your EOBI card and identification documents.




You might need to provide additional documentation to verify your identity and pension eligibility.

You may be able to withdraw a limited amount per day or week.



Use a Remittance Service:

Several remittance services specialize in transferring money internationally. Popular options include Western Union, MoneyGram, and Ria Money Transfer. Compare fees and exchange rates before choosing a provider. You can send the money to a recipient in Pakistan who can then withdraw it on your behalf.



Enlist the help of a family member or friend in Pakistan:

If you have a trusted individual in Pakistan, you can authorize them to withdraw your pension on your behalf.



Grant them power of attorney through a legal process.

They can then withdraw the money and send it to you via bank transfer or remittance services.

Important points to remember:



Regardless of the method you choose, ensure you understand the fees and exchange rates associated with the transaction. Keep all receipts and documentation related to your pension withdrawals for future reference. Stay updated on any changes in EOBI pension regulations or Bank Alfalah policies.



It's advisable to contact Bank Alfalah directly for the most accurate and up-to-date information regarding accessing your EOBI pension while residing in the USA. They can guide you through the different options and help you choose the most convenient and cost-effective solution for your specific situation.

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