Distribution of BISP funds in the bank accounts of eligible women December 2023

Distribution of BISP funds in the bank accounts of eligible women December 2023

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Benazir Income Support Program (BISP) Pakistan has a social safety net initiative that aims to provide financial assistance to deserving individuals, especially women. The program is designed to reduce poverty and promote economic empowerment of women by providing direct cash transfers to them.

Selection of banks for disbursement of BISP funds

Below the bishop, the funds are actually transferred directly into the bank accounts of eligible women. The program uses a targeted approach to identify eligible beneficiaries based on specific criteria such as income level, household size and socioeconomic status. Once selected, women receive regular cash transfers to their designated bank accounts.

Benazir Income Support Program (BISP)

According to Poverty Alleviation and Social Security Minister Shazia Mary, the initial selection of banks for the new payment model includes National Bank of Pakistan, Bank Alfalah, JS Bank Limited and United Bank Limited which were selected through a competitive process.

According to Poverty Alleviation and Social Security Minister Shazia Marri, the initial selection of banks for the new payment model includes National Bank of Pakistan, Bank Al Falah, JS Bank Limited and United Bank Limited, which were selected through a competitive process . ,

Shazia Mary further mentioned that as part of the BISP programme, a focused subsidy of Rs 16.3 billion (equivalent to Rs 2,000 per family) was distributed to 8.6 million individuals. The purpose of this subsidy was to mitigate the impact of rising inflation caused by the significant increase in petroleum prices.

In another significant amendment by the government, Prime Minister Shehbaz Sharif directed BISP officials to enforce the requirement for program beneficiaries to enroll their children in schools. He stressed that, after a specific period, all beneficiaries should be obliged to ensure school attendance of their children to receive their stipends.

During the launch of social security accounts, Prime Minister Shehbaz said, “We will not raise an army of beggars, but will raise an army of doers, who will build Pakistan with their mental and physical capacity.”

BISP increased amount update

Ms. Mary also highlighted several reforms and expansions in BISP programs. He mentioned that the number of families eligible for BISP has increased from 7.6 million to 9 million. Additionally, he pushed for an increase in stipends and educational scholarships. For example, the quarterly stipend under the Benazir Kafalat Program was increased Rs 7,000 per family in 2022 Rs 8,750 After 25% increase.

Ms Murry also highlighted several reforms and expansions in BISP programmes. He said that the number of families eligible for BISP has increased from 7.6 million to 9 million. Furthermore, he stressed on increasing stipends and educational scholarships. For example, the quarterly stipend under the Benazir Kafalat Program has increased from Rs 7,000 per family to Rs 8,750 in 2022 after a 25 percent increase.

Moreover, there was a significant increase in the number of children benefiting from Benazir Talimi Wazaif 2.6 million in 2022 7.52 million Benazir Undergraduate Scholarship Program also experiences growth, awards in 2023 92,003 scholarships In the current year, compared to 82,000 scholarships in 2022.

Ms. Mary further mentioned that the Benazir Nashonuma program is benefiting 770,000 mothers and their children, while the fuel subsidy program was distributed Rupee. 16.3 billion among 8.3 million Household. These extensions reflect the government’s commitment to support a large number of individuals and families through various BISP initiatives.

BISP Registration Check by CNIC

The Benazir Income Support Program (BISP) is a federal unconditional cash transfer poverty alleviation program in Pakistan. Here are the steps to check BISP registration by CNIC 8171:

  1. Find your CNIC: Your CNIC (Computerized National Identity Card) is an ID issued by the government in Pakistan. Be sure to keep it with you as you will need to input its number.
  2. Access BISP site or SMS service: Visit the BISP website, or alternatively, use the SMS service if available. 8171 web portal
  3. Enter CNIC Number: On the website or SMS, enter your 13 digit CNIC number without spaces.
  4. submit: Click on submit on website or send SMS.
  5. Wait for response: You will receive a response stating whether the CNIC is registered in the BISP database or not.
  6. Review Information: The response will provide you with the status of your BISP registration. If you are registered, it will provide information about your payment and other details.

Please note that the specific steps may vary and it is always best to check with the official BISP website or helpline for the most accurate and up-to-date information.

It is also important to remember that you should never share your CNIC number with unverified sites or individuals to avoid potential misuse. Always use official government platforms or services for such checks.

In addition, Benazir uses the Kafalat program 8171 messaging service Sending notifications to the surveyed households regarding their eligibility and disbursement of cash. These messages act as a direct communication channel, providing updates and relevant information to program participants.

Benazir Income Support Program (BISP)

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Benazir Income Support Program (BISP)

questions to ask

Question: Are there any conditions attached to BISP fund disbursement?

Answer: There have been recent changes that link the distribution of BISP funds to certain conditions. For example, one condition being considered is that beneficiaries are required to ensure enrollment of their children in schools.

Q: I am using Alfalah Bank. Will I receive BISP funds in my bank account?

Answer: Yes, it can be any of the banks mentioned above. Once your eligibility is confirmed and your bank account is linked, the BISP funds will be transferred directly to your specified bank account. You can then withdraw the funds at your convenience through the bank’s channels, such as ATMs or bank branches.

Q: Will I also receive notifications regarding my BISP funds and eligibility through 8171?

Answer: Yes, Benazir Kafalat Program only sends messages from 8171 to the surveyed households regarding their eligibility and disbursement of cash.