Benazir Kafaalat Program New Update
During a meeting held in Islamabad yesterday, the officials of the Benazir Kafaalat Program have decided to open Bank Account For Benazir Kafaalat Program Beneficiaries. So that people do not face any problem in withdrawing their BISP installment. And they can withdraw their money from the relevant bank or ATM in their areas.
The Secretary of the Benazir Income Support Program has said that a bank account will be opened for every user of the Kafalat Program. Now all the beneficiaries will be able to withdraw their money from different branches of banks.
This new update of the Benazir Kafalat Program will be worked on as soon as possible under the polit project. All the updates of which will be available on our website. For more information, read this entire article in detail.
You can also read: Benazir Kafaalat Program 10500 Payment
Bank Account For Benazir Kafaalat Program Beneficiaries
It is very good news for BISP beneficiaries that the government is automating the Benazir Income Support Program system by Open Bank Account For Benazir Kafaalat Program Beneficiaries as soon as possible. Because many beneficiaries from remote areas used to face a lot of difficulties in withdrawing money.
To overcome these difficulties, money will be provided through BISP Point of Sale (POS) agents under the branches of various banks. The government is trying to provide the facility of distributing money of the Benazir Program through banks as soon as possible. So that Benazir Income beneficiaries can withdraw money from any bank.
Why BISP Need to Shift on the Banking Model?
BISP users were facing a lot of difficulties in withdrawing money from the Benazir Income Support Program. Because many people belong to areas where Benazir POS agents are not available. Due to this it used to take weeks for them to withdraw money.
Sometimes the BISP payment machine also did not work properly, due to which there was a lot of trouble in withdrawing money. While women who leave their homes to withdraw their installments have to stand in lines for hours.
Keeping these problems in mind, BISP officials and the Secretary of Benazir Income Support Program have said that “the payment withdrawal system of Benazir Income Support Program should be shifted to the banking model. So that all people can withdraw their money easily”.
More details about: BISP New Payment 13500
Details of the BISP Pilot Project
All Benazir beneficiaries will be shifted to the BISP pilot project before being shifted to the banking system.
Launching Time:The pilot project will start in the first week of January 2025 and will run till the last week of March 2025.
Targeted Areas:Urban areas will be included in the pilot project initially. And after it is successfully operationalized, all remote rural areas will also be included in this project.
Banking System Involvement: Under the pilot project, BISP beneficiaries can withdraw their installment amount from any bank branch or ATM.
Benefits of the Banking System Benazir Kafaalat Program Beneficiaries
The banking system is being proposed for the convenience of the users in the Benazir Kafaalat program. Its main benefits are as follows:
Rural Areas: People from remote areas who used to face problems in withdrawing money. They will now be able to withdraw their money very easily.
Payment Transparency: People will be provided with complete information about their money transparently.
Multiple Branches: BISP payments will now be received from multiple branches of different banks.
Easy and Fast Payment Withdraw System: After the transfer to the banking system, the process of withdrawing Benazir program payments will become very easy and fast.
No Any Funds Deduction: No deduction will be made from you in withdrawing the installment amount from banking.
Limitations And Solutions of BISP Banking System
The BISP banking system will also face some problems. Like in remote areas where banking infrastructure is not yet well established, people may face problems in withdrawing money.
To overcome these problems, the government has instructed the POS agents to continue their work in remote areas. So that people can withdraw their money from there too.
How to Open a Bank Account for New BISP Payments?
All BISP users are required to open a Benazir Kafalat Program bank account to receive money in their bank accounts. You can open your bank account very easily as per the procedure given below:
1st Step: First of all, you have to visit your nearest BASP Tehsil Office where you will be registered.
2nd Step: Carry your required documents like
- your valid CNIC card,
- your children’s Bay Form,
- mobile number registered on your CNIC,
- and proof of your residence like utility bill etc.
3rd Step: After verifying your documents, the BISP representative will open your bank account. You will receive a confirmation message.
After opening the account according to this method, your Benazir payment 13500 will be sent directly to your bank account. You will continue to receive confirmation notifications on the number you have provided.
Final Words
Opening bank accounts for BISP beneficiaries is a very good move by the government. Due to this the efficiency and transparency of this program will increase. Under this facility, all the users will be able to withdraw their installment amount easily from bank branches and ATMs. Due to the automation of the system, the distribution of the installment will also be accelerated.
If the pilot project of the banking system launched by the government is successful, it will be expanded throughout the country. With the help of which millions of people will benefit. Stay connected with our website for more information about this project.