The Benazir Income Support Program (BISP) is pivotal in providing financial assistance to low-income families in Pakistan. Recently, significant updates have been shared regarding the BISP stipend, particularly about the anticipated increase to Rs. 13,500 and new withdrawal methods through ATMs.
Current Status of the BISP Stipend
As per the latest statements from Rubina Khalid, the BISP stipend has not yet officially been increased to Rs. 13,500. Currently, beneficiaries are receiving Rs. 10,500, which will continue until the new amount is approved. It is projected that the higher stipend may be available starting in January 2025, with no official confirmation released yet.
Quick Details on Current BISP Stipend
| Stipend Amount | Current Payment | Expected Change | Withdrawal Method |
|---|---|---|---|
| Rs. 10,500 | November 2024 | Rs. 13,500 in Jan 2025 | Through ATMs starting Jan 2025 |
How to Access Your BISP Stipend
For November 2024, eligible women can collect their stipends of Rs. 10,500 through designated BISP campsites or retailer shops associated with six participating banks. This process will remain in place until ATM withdrawals are available in January 2025.
Registration and Re-Registration Process
To ensure the smooth receipt of upcoming payments, it’s essential for new beneficiaries to register promptly. Those who are currently ineligible can also reapply. Here’s what different groups need to do:
Also Read: Breaking News: BISP Allowance for Underprivileged Children in Pakistan
Registration Steps
- Widows: Submit the husband’s death certificate to NADRA.
- Divorced Women: Present the divorce certificate at the nearest BISP office.
- Disabled Individuals: Provide the disability certificate along with the disability ID card.
After registration, applicants must wait for verification, as it may take some time. Current beneficiaries will continue receiving payments as scheduled.
Upcoming Changes in January 2025
The BISP is set to implement ATM withdrawals for stipend payments starting January 2025. This change is expected to enhance accessibility, allowing beneficiaries to access their funds securely and conveniently. The new ATM system aims to reduce long wait times associated with physical collection points.
Anticipated Payment Schedule
- January 2025: Introduction of ATM withdrawals.
- Quarterly Payments: Beneficiaries should prepare for the new payment structure that will commence in 2025.
Conclusion
The BISP program is adapting to better serve Pakistan’s vulnerable populations. While the current stipend remains at Rs. 10,500, the proposed increase to Rs. 13,500 and the transition to ATM withdrawals are significant steps forward in improving beneficiaries’ access to funds. Women are urged to complete necessary registrations and stay updated through official channels for the latest announcements.
