Thu. Nov 21st, 2024
10500 Kafalat Cash Distribution10500 Kafalat Cash Distribution

Last Updated on: 31st October 2024, 11:14 am

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The Benazir Income Support Program (BISP) has introduced a more transparent and secure payment system so that all eligible beneficiaries receive their money without any deductions. This time, BISP has added six more banks to strengthen the process.

Many people previously experienced difficulties and delays with their payments in the past few years, but BISP Chairperson Rubina Khalid’s new payment model has provided relief by providing secure and more transparent service.

10500 Kafalat Cash Distribution

BISP Payment Update: 10500 Kafalat Cash Distribution

To make life easier for women, BISP led by Ms. Rubina Khalid has organized many camps in different districts of Pakistan. Here, women can receive their full payments without having to stand in long queues. The BISP staff carefully monitors the payments to avoid deductions and ensure that each beneficiary receives the complete Rs 10,500 amount.

With the summer heat at its peak, the government has taken additional steps to make the experience more comfortable by providing drinking water, shaded waiting areas and fans in the camps.

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A New Banking System for BISP Beneficiaries

The new BISP Chairperson announced a banking upgrade and added six new partner banks to make the payment process even more transparent and secure.

BISP Banking Module Introduces Six More Banks

BISP has asked these six new banks to set up at least two touch points in each union council so that beneficiaries in rural areas can collect their payments closer to their homes. This update represents one of the most significant changes in the last four years. Now, all registered beneficiaries of the Benazir Kafaalat scheme will receive their Rs 13,500 payments through these banks in January.

Six Eligible Banks for Rs 10500 Payment

The following six banks are currently processing BISP payments:

  • Bank Al Falah, 
  • Bank of Punjab, 
  • Mobilink Microfinance, 
  • Telenor Microfinance Bank, 
  • Habib Bank Limited (HBL), 
  • and HBL Microfinance.

This method also allows beneficiaries to transfer funds between their JazzCash or EasyPaisa mobile wallets and their bank accounts.

Payment Increases for New Beneficiaries

The government increased the BISP budget, allowing the final Kafalat payment amount to increase to Rs 13,500 per woman. Besides this, the number of beneficiaries has increased by one Crore, and registration surveys are being conducted in Tehsil offices across Pakistan. Interested people can go to these offices with the required papers to complete their registration.

Last Words

The Benazir Income Support Program is constantly improving its payment system to ensure that all beneficiaries receive cash without any deductions. By adding six new banks and nearby camp services, BISP is helping more women get their payments in their area with greater security and transparency. These changes show BISP’s continued commitment to supporting needy people through financial relief and better service.

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