The Benazir Income Support Program (BISP) is committed to ensuring full transparency in payments, ensuring beneficiaries receive their full amount of PKR 10,500 without deductions. By partnering with six additional banks, BISP has improved its payment system to benefit more people, particularly women.
Disbursement of BISP Funds: 10500 Kafalat Payment
Under the leadership of BISP Chairperson Rubina Khalid, the program has opened numerous camps across Pakistan, making it easier for women to collect their payments without long waits. These camps provide a safe, secure, and comfortable environment with essential facilities like cooling fans, clean water, and shaded waiting areas. The BISP team closely supervises the payment process to ensure that all women receive their full PKR 10,500 payment without any deductions.
Also Read: Breaking News: Taleemi Wazaif New Payment Update
Table: Quick Details of BISP Payment Facilities
| Facility | Details |
|---|---|
| Payment Amount | PKR 10,500 (without deductions) |
| Camp Facilities | Clean water, cooling fans, shaded areas |
| Supervision | Six new banks were added to enhance accessibility and ease of receiving funds |
| Partner Banks | Six new banks added to enhance accessibility and ease of receiving funds |
Changes in BISP Banking System: Six New Banks
To improve access, BISP has partnered with six new banks to facilitate the payment process. These banks have been instructed to establish at least two payment collection points in each Union Council, particularly for rural beneficiaries.
List of Partner Banks
- Bank Al Falah
- Bank of Punjab
- Mobilink Microfinance
- Telenor Microfinance Bank
- Habib Bank Limited (HBL)
- HBL Microfinance
This collaboration has introduced a more accessible and secure system for beneficiaries, ensuring they receive their funds without deductions. Payments for the upcoming Kafalat initiative increased to PKR 13,500, will be disbursed through these banks.
Increase in BISP Payments for New Beneficiaries
The government has expanded the BISP budget, increasing the Kafalat payments to PKR 13,500 per woman. Additionally, the number of beneficiaries has risen by one crore, with new registrations being processed through NSER surveys at Tehsil offices across Pakistan.
Beneficiaries can visit these offices with their required documents to complete the registration process, ensuring more people benefit from the program’s increased aid.
Conclusion
In summary, the Benazir Income Support Program (BISP) has made significant improvements to ensure transparency and ease of payment distribution. By partnering with six new banks and setting up accessible payment collection points, BISP is committed to helping women receive their full payments without deductions. These changes are part of the ongoing efforts to enhance the financial support provided to eligible individuals across Pakistan.
