BISP new scheme Rs 40,000 for all married women

BISP new scheme Rs 40,000 for all married women

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Benazir Income Support Program (BISP) has unveiled an exciting venture called BISP Savings Scheme, which aims to promote financial inclusion and inculcate savings habits, especially among low-income households, with special emphasis on empowering women. Initially launched as a pilot project in December 2023, the scheme has now been expanded to cover residents of 11 selected districts.

Exciting update from BISP

Hello, respected viewers! We bring important updates regarding the latest initiative of Benazir Income Support Programme. In addition to the existing savings scheme, BISP provides assistance to registered households by providing financial assistance up to Rs. 40,000. If you are eager to avail this opportunity, stay tuned to us for all the relevant details. By enrolling in this scheme, you unlock the ability to receive tailored financial assistance based on your needs.

New schemes from BISP

Before getting into the nitty-gritty, let’s highlight the exciting announcement: BISP is launching not just one but two new schemes. First, the savings scheme, as mentioned earlier, will soon be accessible across the country, making universal registration possible. Additionally, by enrolling in the savings plan, you automatically qualify for the Benazir Kafalat Program, eliminating the need for additional steps. However, a prerequisite for eligibility is to undergo the Dynamic Survey, in which the poverty score for your family is less than 40.

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BISP new plan 2024

The Benazir Income Support Program (BISP) is set to launch its latest initiative focused on empowering women across Pakistan. This upcoming scheme aims to provide training and financial assistance to eligible women entrepreneurs highlighting BISP’s commitment to promote economic empowerment among women across the country.

Training for Success: The Path to Financial Freedom

Under this initiative, Benazir Income Support Program (BISP) is conducting special training sessions in specified districts, targeting women eligible for BISP assistance. Participants get the opportunity to receive a training grant of up to Rs 40,000, enabling them to acquire the skills required to start a small-scale enterprise. The focus of the training is on starting profitable enterprises like poultry farming, ensuring a sustainable income source for the participants.

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Expansion Opportunities: A Nationwide Rollout

While currently in its initial stages, BISP aims to expand the program across the country in the near future. Once fully implemented, eligible women across the country will get financial assistance of up to Rs 40 thousand. It is important to highlight that only women meeting the criteria of the Benazir Kafalat Programme, whose poverty score is less than 32, will be eligible for this support.

Interest-free help: a win-win situation

The financial assistance provided by BISP is structured as interest-free installments, ensuring that beneficiaries can repay the assistance without incurring additional financial burden. As recipients start earning income from their businesses, they will gradually return a portion of their profits to BISP. This cycle of repayment ensures the sustainability of the program while promoting economic empowerment within communities.

By implementing schemes like Benazir Kafalat, BISP continues to uplift marginalized communities, especially women, by equipping them with the tools and resources they need to achieve financial independence. Through targeted training and financial support, BISP’s new plan for 2024 is set to make a significant impact on the lives of countless women across Pakistan.

BISP Registration with CNIC

Checking your BISP registration status is quick and simple. Here are two simple methods you can use:

SMS Method:

  1. Send a text message to 8171 containing your 14-digit CNIC number.
  2. If you are already enrolled you will receive a reply message detailing your eligibility status and registration information.

Online Portal:

  1. Visit official BISP website
  2. Click on “8171 Web Portal” button.
  3. Enter your CNIC number along with the security code displayed.
  4. If you are already enrolled, click “Submit” to view your eligibility status and registration details.