43% of Pakistan’s Bank Deposits Are Held in Accounts Above Rs 10 Million

When we talk about inequality in Pakistan, we usually discuss income.

But deposits tell a quieter, more revealing story.

Using 2021 banking data, here is what the structure of savings looks like:
Rs 10 million & above accounts hold 43% of all deposits.

The next major segment — Rs 100k–500k — holds 22.5%.

Accounts below Rs 50,000 together hold barely 6–7% of total deposits.

The smallest accounts (< Rs 5,000) account for just 0.5% of total deposits.
Let that sink in.

The formal banking liquidity of the country is disproportionately concentrated at the top.

This does not automatically mean “bad” — but it does mean:

• The stability of the banking system depends heavily on higher-balance accounts

• Mass financial inclusion has expanded accounts — but not deep savings

• Wealth concentration is visible even inside the deposit base

What is equally interesting is the middle tier.

The Rs 100k–500k segment holds nearly one-quarter of total deposits. That suggests a meaningful layer of salaried households, small businesses, traders, and remittance-supported families accumulating liquidity.