Tue. Dec 10th, 2024
NBP to not give BISP installments to women taking loansNBP to not give BISP installments to women taking loans

Last Updated on: 6th July 2024, 10:37 pm

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The Benazir Income Support Program was launched to support the needy and focused on providing loans to women under the scheme. The Government of Pakistan has announced a change in the procedure whereby the National Bank will no longer disburse BISP payments.

Instead, people will have to approach a designated registration centre to enter their personal details and provide their fingerprints for assistance. This new procedure replaces the previous procedure involving the National Bank and ensures that the payments are now processed directly by the BISP.

NBP to not give BISP installments to women taking loans

Payment Amount 10500 and BISP Registration

The current BISP payment is set at Rs 10,500 and will be distributed to the eligible beneficiaries. This amount is intended to help low-income people who join the BISP scheme. Registration is required to avail this benefit. BenazirKafaalat.pk

Step By Step Related Description
1. Discontinue Bank Payments Cease disbursing BISP payments via the National Bank.
2. Visit Registration Center Applicants need to go to a designated BISP registration center.
3. Provide Personal Details Individuals must supply personal information for verification.
4. Register Fingerprint Applicants are required to register their fingerprint for direct payment from BISP.

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Eligibility Criteria for Benazir Income Support

To be eligible for the BISP program, applicants must meet the following requirements:

  • Not be employed in the home by the government.
  • Monthly household income should not exceed Rs 50,000.
  • Do not engage in commercial activities abroad.
  • Poverty score must be 32% or less.

New Registry Update for New BISP Payment

According to the latest information from BISP, the program has started registering people with limited economic resources. If you meet the criteria, you can now receive financial assistance from BISP. To take advantage of this opportunity, it is important that you confirm your eligibility and enroll in the BISP program early.

Also Read: 7181 BISP Program Wrong Code to Check Eligibility for 2024

Last Words

Enrolling in the BISP program offers important benefits, including the opportunity to reduce your financial burden and improve care for your family. Many people have been able to alleviate their poverty by participating in this initiative. If you are experiencing financial difficulties and are looking for support, you should consider participating in the BISP program as soon as possible.

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