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Introducing a New Banking System for 12500 Benazir Kafalat Payment DistributionIntroducing a New Banking System for 12500 Benazir Kafalat Payment Distribution

Last Updated on: 29th August 2024, 04:00 pm

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Good news for all the Benazir Kafaalat Scheme beneficiaries! The BISP team recently announced changes to the payment system and introduced additional banks to simplify the process. Now eligible individuals can easily receive their 12500 payments through a more efficient and new banking system.

If you completed your BISP survey and registered for the Benazir Kafaalat payment in September, you can check the latest updates on your stipend through the official BISP web portal.

Introducing a New Banking System for 12500 Benazir Kafalat Payment Distribution

Latest Update about Introducing a New Banking System for 12500 Benazir Kafalat Payment Distribution

The Benazir Kafaalat Programme provides financial assistance to needy women across Pakistan, especially those living below the poverty line and having a PMT score below 30. If your survey was conducted at the Benazir Tehsil Center and your PMT score is below 30, you are eligible for the scheme and will receive payments through the newly updated banking system that focuses on improving the previous setup.

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Previously, beneficiaries received their quarterly installments only through Bank Alfalah and Bank Habib. With the recent changes, payments will now be processed by six more banks, increasing reach for beneficiaries. Details of these banks are provided below.

Rubina Khalid’s statement about the new banking system for BISP Kafalat payment

At a press conference in Mardan, Senator Rubina Khalid announced that a new banking system for beneficiaries would soon be introduced. Instead of relying on a single bank, the program now involves six banks to confirm timely, deduction-free monthly payments.

Rubina Khalid focused that the new system uses multiple financial institutions, which will allow payments to reach women in need more efficiently.

Also Read: BISP set up 647 dynamic registration centers for surveying 0.7 million new beneficiaries across the country

Which banks are providing payments to BISP beneficiaries

Starting now, beneficiaries will receive payments through the following banks:

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

Check your Benazir Kafaalat payment online through ID Card

Payments are now processed quickly through the new banking system, eliminating the need for long queues outside utility stores. Once a beneficiary receives a confirmation message from 8171, the payments will be available in their bank account. Eligible women should make sure that they complete their re-survey at the Benazir Tehsil Center to receive updated payment messages.

To check your CNIC online status, follow these brief step-by-step guide:

  1. Visit the BISP Kafalat web portal at https://8171.bisp.gov.pk.
  2. Enter your CNIC number and the code displayed.
  3. Select ‘Check Eligibility’.
  4. Your eligibility status will be displayed on the next page.

Here is the Complete New Registration Process for BISP 12500 Sep Installment

BISP is conducting an NSER survey in tehsil centers

As per the latest update on the official website of Benazir, there is no online registration. Contrary to some false reports, BISP is conducting an NSER survey in local tehsil centers to verify their financial situation and give them PMT scores.

Those with a score below 30 are eligible to receive assistance under the Benazir Kafaalat scheme, while those with a score above 30 do not meet the criteria.

Last Words

With the introduction of this new banking system, the payment process of the 8171 BISP Kafalat Scheme is expected to become smoother and more convenient for the beneficiaries. By onboarding six banks into the network, women receiving the Rs 12500 payment can avoid delays and long queues. Make sure to complete your survey at your local tehsil center to keep your eligibility and enjoy a hassle-free payment experience.

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