Mobilink Bank, a leading digital microfinance bank in Pakistan, has introduced an innovative inheritance calculator within its Dost app, marking a significant step toward financial independence for women. The tool is designed to empower individuals by providing clear, accessible insights into their inheritance rights.
The inheritance calculator, the first of its kind in the industry, simplifies the complex process of determining inheritance shares, particularly for women who often face challenges in accessing such information. Users can input details about the deceased and their heirs to receive accurate calculations of their inheritance shares. The tool also features a detailed family tree chart, outlining relationships and specific shares based on familial ties.
Haaris Mahmood Chaudhary, Interim CEO of Mobilink Bank, emphasized the importance of this initiative: “Every individual has the right to financial independence and security,” and this inheritance calculator is a step towards giving women the tools they need to understand and claim their rightful inheritance. We aim to address cultural variations, ensure data privacy, and challenge informal practices that often deny women their due rights.”
“Our platform provides clarity and helps individuals, particularly women, to calculate their rightful inheritance share within minutes. By addressing the challenges of cultural variations, data privacy, and informal practices, we want to ensure that our users know their due share and claim it rightfully,” he added.
This launch is part of Mobilink Bank’s broader commitment to promoting financial inclusion and social justice, particularly for underserved communities. As a member of the VEON group, Mobilink Bank continues to offer a wide range of products and services to meet the diverse needs of its growing customer base across six dynamic markets.