Check the details about BISP Payment Received Through Six Banks in Pakistan. Benazir Kafalat Program was launched in 2008. The Benazir Income Support Programme is Pakistan’s largest cash distribution program with 9.3 million people currently registered and receiving financial assistance every month. The Government of Pakistan plans to include 10 million more people in this program next year. The objective of this program is to reduce poverty as much as possible and provide as much assistance as possible to the poor. Additionally, this program aims to empower women.
BISP Payment Received Through Six Banks in Pakistan
Recently the Benazir Income Support Programme has included six more banks through which eligible individuals can receive their payments without waiting in line. Previously payments from the Benazir Income Support Program were available only through two banks which often led to some people receiving payments while others did not. This resulted in people waiting for hours in queues and often when it was time to collect the money the system would go down. This is why BISP has decided to provide payments through six additional banks.
List Of Banks To Withdraw Benazir Kafaalat Payments
As mentioned earlier in the article the Benazir Income Support Programme has signed agreements with six additional banks. These six banks will begin disbursing payments to people starting in January 2025. The names of these banks are listed below.
- Bank Al Baraka
- Bank Islami
- Faysal Bank
- Habib Bank Limited (HBL)
- Meezan Bank
- Standard Chartered Bank
Also Read: NSER survey registration
Benazir Kaafalat New Registration
Do you want to register for the Benazir Kafalat Program? If so you need to visit the 8171 portal and sign up. You will have to provide the requested information. Once you have submitted all the details there will be a Submit button at the end. Click on it and your registration application will be forwarded. If you are eligible you will receive a notification within two to three days.
Conclusion
With the inclusion of six additional banks in the Benazir Income Support Programme it will be easier for people to withdraw their payments. Those who used to wait for hours in long queues will no longer need to stand in line. They can quickly withdraw their money from ATMs. Overall this is a great initiative by the government.