Six New Banks To Receive Benazir Kaafalat Program Payments

Introduction

Benazir Kaafalat Program

Six New Banks To Receive Benazir Kaafalat Program Payments, Since its inception in 2008, the Benazir Kaafalat program has become Pakistan’s largest and only cash distribution program. Currently, about 9.3 million people who belong to poor and deserving families are benefiting from this program. And the government of Pakistan plans to increase this number to 10 million by next year. The main objective of this program is to save the people belonging to poor and deserving families from the loss of rising inflation, the food crisis, and slow economic growth. Among the objectives of this program are the empowerment of women and also the elimination of chronic poverty. Six New Banks To Receive Benazir Kaafalat Program Payments.

Recently, the Benazir Income Support Program has expanded banks to disburse assistance to households enrolled in the Kafalat program. And signed agreements with six more banks to distribute payments to beneficiaries. It should be remembered that earlier BISP was depending on the services of only two banks. This decision has been taken by the BISP considering the problems faced by the people to get the money. Because earlier BISP was depending on the services of only two banks, due to which the beneficiaries had to face extreme difficulties in getting their aid money. Six New Banks To Receive Benazir Kaafalat Program Payments.

Also Read: BISP 8171 Result Check Online by CNIC: October Update

BISP New Payment Update

If we take the article further and talk about the new payment update of BISP, then let me tell you that at this time BISP is distributing payments to the beneficiaries across the country. Eligible women who have completed registration in the Kafalat program and have received payment release SMS from 8171 can visit their nearest BISP camp site to collect their money. Women going to get money must have a registered mobile number and original ID card; otherwise, they may face difficulties in getting money.

Also, let us further inform you that women who have completed their registration process recently are seeing their status as “verified” while  checking eligibility on the 8171 web portal. So payments will be issued to such women within January 2025. In this regard, DG BISP has recently discussed in a TV show that payments of 13500 will be released to such women in January 2025, as payments by BISP 3,000 are being increased. Along with this, he also said that women will be able to get their payments from the ATMs of six specific banks within 2025 on behalf of BISP after fingerprint verification. Remember, this is the same banks with which an agreement has been signed by BISP recently. Six New Banks To Receive Benazir Kaafalat Program Payments.

ایسی تمام خواتین جنہوں نے اپنا بےنظیر ڈائنامک سروے کروایا ہوا ہے اور انکا اسٹیٹس 8171 آنلائن پورٹل پر جانچ پڑتال آرہا ہے، ایسی خواتین کو جنوری 2025 کے پہلے ہفتہ میں رقم کی ادائیگی کی جائے گی۔ اس حوالے سے ڈی جی بی آئی ایس پی نے حال ہی میں ایک ٹی وی شو میں گفتگو کی ہے کہ جنوری 2025 میں ایسی خواتین کو 13500 کی ادائیگیاں جاری کردی جائیں گی، کیونکہ بی آئی ایس پی کی جانب سے ادائیگیوں میں 3000 اضافہ کیا جارہا ہے۔ اس کے ساتھ انہوں نے یہ بھی کہا کہ خواتین فنگر پرنٹ کی تصدیق کے بعد BISP کی جانب سے 2025 کے اندر چھ مخصوص بینکوں کے اے ٹی ایم سے اپنی ادائیگیاں حاصل کر سکیں گی۔ یاد رکھیں، یہ وہی بینک ہیں جن کے ساتھ حال ہی میں BISP نے ایک معاہدے پر دستخط کیے ہیں۔

List Of Banks To Withdraw Benazir Kafaalat Payments

As I mentioned above in the article, the Benazir Income Support Program has recently signed an agreement with six more banks. After the signing of this agreement by BISP, now the beneficiaries will be able to get the installments released within January 2025 from the ATMs of these banks. And in this regard, Benazir Income Support Program DG Naveed Akbar has confirmed this news in aa morning show. Let us tell you which six banks have been signed an agreement by BISP.

  • Bank Al Falah
  • Bank of Punjab
  • Mobilink Microfinance
  • Telenor Microfinance Bank
  • Habib Bank Limited
  • HBL Microfinance
Benazir Kaafalat Program 6 Oct 2024 Update

Also Read: Online Registration Process Of Himmat Card Is In Progress

Benazir Kaafalat New Registration

As I have mentioned above in the article, currently around 9.3 million people are benefiting under the Benazir Income Support Program, and the government aims to increase this number to 10 million within the next year. Keeping the same thing in mind, new registration has been started by BISP. Women belonging to poor and deserving families who have not yet completed their registration process and are living below the poverty line. So this is the best opportunity for them to complete the registration. Such women are requested to locate their nearest Benazir Income Support Program office and complete their registration process from there by taking all their necessary documents with them.

Conclusion

The tie-up with six more banks is a commendable move by BISP considering the problems in getting payments to people. This initiative will not only make it easier for the beneficiaries to get their payment, but they will also be able to get their payment on time. The purpose of this article was to inform you about the initiative taken by BISP. In this article, you have been informed with complete details about which six more new banks have been signed by BISP. Along with this, you have been provided with some necessary information regarding new payment and new registration within this article. I hope the information provided in this article will be beneficial for you. If you want to get any kind of more information in this regard, you can ask your question by commenting in the comment section.


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