BIG NEWS: Benazir Income Support Program And Ehsaas Dynamic Survey

BISP’s Payment Evolution

As of May 1, 2024, BISP payments are undergoing significant changes, though a precise launch date for a completely revamped system has not been publicly disclosed. Here’s an update on the ongoing transformations:

Introduction of New Payment Model:

BISP is currently piloting a program allowing beneficiaries to opt for direct payments into their personal bank accounts. This initiative is undergoing trial runs in select districts.
Expansion of Banks for Kafalat Program: BISP has widened the network of banks involved in disbursing Kafalat payments.
For the latest updates on BISP payments, individuals are advised to visit the official website. Any announcements regarding the nationwide rollout of a new payment system will be made there.

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Exciting News for BISP Beneficiaries:

The long wait is finally over, and we bring you the eagerly awaited update. In this brief post, we’re thrilled to share some significant news for all those awaiting government grants. The moment has arrived for them to receive substantial assistance from the government.

As per the latest update, the sponsorship and educational programs release installments every three months, with the official announcement of the upcoming quarter’s date for disbursement. Beneficiaries eagerly anticipate the end of this waiting period, anticipating the arrival of their new installments.

Under this program, eligible recipients can receive significant aid. For instance, those with two to three school-going children enrolled in educational scholarships may receive Rs 10,500.

Regarding the release of previous installments, Rs 10,500 allowances were issued until January for children. If recipients have not yet received these funds, they are advised to contact their nearest payment centers promptly to collect their installments.

Furthermore, we’re pleased to inform you that the next quarterly installment of the Benazir Income Support Program is scheduled for release on May 10. This installment includes payments for the sponsorship and children’s education scholarship programs. Additionally, any withheld sponsorship program installments will be released concurrently with these payments.

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Dynamic Survey Update:

Regarding the banking system and the anticipated rollout of a new system, we’re continually keeping you informed. A decision has been reached to initiate the new banking system soon. However, until this new system is operational, the upcoming installment will continue to be disbursed through the existing system. Payments for this installment will be facilitated at designated shops without any deductions. Should you encounter any issues, you can register your complaints by dialing the BISP helpline number 080024677 or by visiting the nearest BISP district office.

In response to inquiries regarding banking services, it’s important to note that ATM services are not yet restored during this period. Therefore, payments are exclusively available through bank retailers and agents. However, the bank’s internal operations remain functional.

BISP Payment Update:

As of May 1, 2024, there have been recent developments regarding BISP payments, although a specific launch date for a new system has not been publicly disclosed. Here’s an overview of the ongoing changes:

Introduction of New Payment Model: BISP is currently testing a program that allows beneficiaries to opt for direct payments into their personal bank accounts. This initiative is undergoing trial runs in select districts.
Expansion of Banks for Kafalat Program: BISP has increased the number of banks involved in distributing Kafalat stipends. Beneficiaries now have a broader range of options to receive their payments.
For the latest updates on BISP payments, individuals can visit the official website. Any announcements regarding the official launch of a new nationwide payment system will be posted there.