Last Updated on: 10th August 2024, 06:15 am
In 2024, Pakistani authorities introduced a new payment system for the Benazir Income Support Programme (BISP). Beneficiaries can now receive Rs. 9,000 directly into their bank accounts, EasyPaisa, or JazzCash accounts without delays. This change aims to streamline the process, making it easier and faster for people to access their payments.
Why receiving the BISP payment through banks
Previously, BISP beneficiaries faced long queues and often had to pay extra fees to agents to get their money. Many reported significant deductions taken by these agents. To tackle these issues, authorities opted for direct payments through banks and digital wallets like EasyPaisa and JazzCash.
Types of Banks Participating in the BISP Program
Five banks have been selected to handle the Benazir Income Support Programme payment distribution:
- Bank Al Falah: Known for its extensive network and reliable services.
- JS Bank: Recognized for innovation and commitment to customer satisfaction.
- Sindh Bank: Facilitates easy access to payments for beneficiaries in Sindh.
- United Bank Limited (UBL): A well-established bank in Pakistan.
- National Bank Limited (NBL): Trusted for its reliability and strong reputation.
Also Read: BISP announces a new list of eligible families
Process of BISP Bank Payments in 2024
Payments will be transferred directly to your bank account, EasyPaisa, or JazzCash account, with the full Rs. 9,000 amount being credited without any deductions.
Start date of payments
Payments are expected to start next month, bringing relief to many beneficiaries.
Also Read: Process to Identify Valid BISP Messages
FAQs About BISP Bank Payments
Q.1 When will BISP repayments start?
Payments are expected to kick off next month
Q.2 Who can receive the full payment?
If you’re a beneficiary of the Benazir or Ehsaas programs and are due for an installment of Rs. 9,000, you qualify.
Q.3 Why did the authorities make this change?
The goal is to prevent significant deductions and simplify the payment process for beneficiaries.
Q.4 Can I choose which bank gets my payment?
Payments will go through the banks selected by the government.
Q.5 How can I stay updated on this program?
Make sure to follow news outlets and official announcements for the latest information. This info should help you navigate the new BISP payment system and what to expect in 2024.