WhatsApp Icon BISP Update: Collect Your 10500 PKR Payment Without Deductions (2024)

BISP Update: Collect Your 10500 PKR Payment Without Deductions (2024)

The Benazir Income Support Program (BISP) is committed to providing cash assistance to eligible beneficiaries with complete transparency and security. Recent improvements have been implemented to ensure that all recipients receive their payments without any deductions, allowing women to collect their entire amount of 10,500 PKR.

Streamlined Payment Process

Beneficiary Satisfaction

Beneficiary Satisfaction
BISP Update: Collect Your 10500 PKR Payment Without Deductions (2024) 3

Under the leadership of Chairperson Rubina Khalid, the BISP has revamped its payment system, which has been positively received by those who previously faced challenges in accessing their funds. The new payment module aims to simplify the process for beneficiaries, especially women, by establishing hundreds of BISP camps throughout Pakistan.

Quick Details: BISP Payment Disbursement

FeatureDetails
Total Payment Amount10,500 PKR
Payment DeductionNo deductions
Camp FacilitiesClean water, shaded waiting areas, cooling fans
New Banking PartnershipsSix additional banks

Women can now access their payments without waiting in long lines, ensuring they receive the full amount under close monitoring from BISP officials. The government has also provided essential amenities at campsites, making the experience more comfortable for women during the intense summer heat.

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Enhanced Banking System

Introduction of Additional Banks

The BISP has partnered with six new banks to further enhance its service delivery. These banks are required to establish at least two payment touchpoints at the Union Council level, making it easier for rural beneficiaries to access their funds within walking distance.

Eligible Banks for Payment Distribution

The newly partnered banks include:

  • Bank Al Falah
  • Bank of Punjab
  • Mobilink Microfinance Bank
  • Telenor Microfinance Bank
  • Habib Bank Limited (HBL)
  • HBL Microfinance

Beneficiaries can also transfer money between their JazzCash or EasyPaisa mobile wallets and accounts held at these banks, enhancing financial accessibility.

Increased Payment Amounts for New Beneficiaries

The government has announced a budget increase for the BISP, resulting in a rise in the Kafalat payment amount to 13,500 PKR per woman. Additionally, the number of beneficiaries eligible for Kafalat payments has expanded by one crore. New registrations and National Socio-Economic Registry (NSER) surveys are currently ongoing in Tehsil offices across Pakistan. Interested individuals should visit these offices with the necessary documents to complete their registration.

Conclusion

In summary, the Benazir Income Support Program has made significant strides in enhancing its payment system, ensuring that beneficiaries receive their full amounts without deductions. The introduction of six additional banking partners has simplified access to funds, allowing women to receive payments conveniently and securely. These improvements not only reflect BISP’s commitment to supporting eligible individuals but also provide essential financial relief and better service through local camps and improved facilities. The BISP continues to empower its beneficiaries, fostering greater economic stability and independence.

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