ISLAMABAD: Mobilink Bank, Pakistan’s leading digital microfinance bank, has introduced an innovative inheritance calculator through its Dost App, marking a significant advancement in financial empowerment. The financial tool aims to provide transparency and ease in inheritance distribution, with a particular focus on supporting women in understanding and claiming their rightful shares.
The newly launched inheritance calculator is integrated into Mobilink Bank’s consumer app, Dost App. It addresses a critical need in the financial landscape by simplifying the intricate process of determining inheritance entitlements. This development is seen as a major step towards financial inclusion and social justice, reflecting the Bank’s commitment to addressing longstanding issues in inheritance equity.
Users of the Dost App can now access the inheritance calculator, which requires input of details about the deceased and their heirs. The tool generates an heir chart or family tree, illustrating the relationships among all parties involved. Based on this information, the calculator determines the specific shares allocated to various heirs according to their familial connections to the deceased.
Haaris Mahmood Chaudhary, Interim CEO of Mobilink Bank, said, “We believe that every individual has the right to financial independence and security. Through this inheritance calculator, we are committed to giving a voice to women who often lack the tools and knowledge to understand their inheritance shares and are frequently denied what is rightfully theirs. Our platform provides clarity and enables individuals, especially women, to determine their rightful inheritance share within minutes.”
With a steadfast commitment to building an inclusive environment, the Bank offers a comprehensive suite of products and services designed to meet the diverse needs of its growing customer base.
Mobilink Bank, part of the VEON group, a global digital operator serving nearly 160 million customers across six markets that are home to 7% of the world’s population.
