Thu. May 30th, 2024
Good News BISP Partners With Six Banks To Expand Payment System

BISP Partners With Six Banks

A great good news has come out from the side of BISP for the poor and deserving. The Benazir Income Support Program has entered into an agreement with six banks for the timely payment of financial assistance to poor and deserving people. Now the poor and deserving people will not have to stand in lines for hours to get their financial assistance. Now, such poor and deserving people who are registered in the Benazir Income Support Program and want to get financial assistance will be able to get their money very easily through any concerned bank.

If we talk about which banks the Benazir Income Support Program has partnered with, So in them Bank Al Falah, Habib Bank, Bank of Punjab, Mobilink Microfinance Bank, Telenor Microfinance Bank, and HBL Microfinance Bank Included.

Also Read: Kafalat Program New Payment Release Date Announced

How To Get New Installment Of BISP

According to the latest update of the Benazir Income Support Program, currently, 93 lakh poor and deserving families are receiving financial assistance from Benazir Income Support. Due to the large number of beneficiaries, BISP had to face immense difficulties in making payments. In this regard, a MoU was signed with six banks by Benazir Income Support a few days ago. Under which the poor and deserving people will now be able to receive their money through these banks.

BISP Partners With Six Banks

Now let me tell you how you will receive your money through these banks. Such persons who are registered in the Benazir Income Support Program and their financial assistance has been released can go to any retailer of the respective banks near them and get their financial assistance. Remember, to get financial assistance, the beneficiaries have to go to any nearest concerned bank retailer with their original ID card and registered mobile number. After which, the concerned retailer will issue financial assistance to such persons after verifying their fingerprints.

Below is the list of the respective Bank can be approached for financial assistance.

  • Bank Al Falah
  • Bank of Punjab
  • Mobilink Microfinance
  • Telenor Microfinance Bank
  • Habib Bank Limited (HBL)
  • HBL Microfinance
PointDescription
Partnership with BanksBISP Partners With Six Banks To Expand Payment System, including HBL, Bank of Punjab, Mobilink Microfinance, Telenor Microfinance Bank, Habib Bank, and Al Falah Bank.
New Installment AmountNow BISP beneficiaries will be able to get financial assistance of 10500 after increasing assistance.

Complaint in case of deduction of amount

Benazir Income Support is working day and night to maintain transparency in the payment system. In this regard, Benazir Income Support Program Chairperson Dr. Muhammad Amjad Saqib has said that if the financial assistance of deserving people is cut, So, in this case, they must register their complaint at the tehsil office of BISP. After filing the complaint, Benazir Income Support staff will take immediate action against the deducting retailer.

Also Read: 8171 Ehsaas Program Online Registration Check (New Update)

New Registration

Apart from this, now is the best opportunity for those who are still unable to complete their registration in the Benazir Income Support Program. Because the government of Pakistan has issued a directive, such people who have not yet been included in the Benazir Income Support Program should be made a part of the program as soon as possible. Therefore, such persons are requested to visit any nearby BSP tehsil office to complete their registration as soon as possible.

Conclusion

The Benazir Income Support Program has increased the number of its partner banks from 2 to 6 to make payments to the poor and deserving as soon as possible. Now, such people who were facing immense difficulties in getting money will be able to receive their money very easily as soon as possible. In this article, you have been provided with complete details in this regard. If you want to know more about this or have any kind of question, you can ask us in the comment section.

By 8171Update

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