BISP Brings Solution For Beneficiaries Facing Difficulty In Receiving Payment!

Benazir Income Support Program is assisting almost 1 crore people and according to their statement they accepted their flaws and promised to solve them in the upcoming days through more modernized techniques as BISP is assisting a large percentage of Pakistan’s population which sometimes does not work accordingly, therefore in some areas, Beneficiaries may face lots of challenges and difficulty in receiving Payment.

But now the BISP Brings solutions for beneficiaries facing difficulty in receiving Payments through the new banking module and more powerful disbursement procedure. You will know all the details in this article therefore stay connected till the end!

People In South Waziristan Facing Difficulty In Receiving Cash

Poor recipients of the Benazir Income Support Program (BISP) and Ehsaas Kafalat Program in South Waziristan’s Wana region are facing more challenges as financial aid distribution is beset by major delays and obstructions.

Beneficiaries clarified that low-income household members frequently receive passports as a requirement for employment abroad, rather than as a luxury, in Khyber Pakhtunkhwa’s recently amalgamated tribal regions. Despite this, aid distribution programs seem to ignore the financial hardship experienced by these families and instead categorize passport holders as wealthy.

Solution For Delay In Payments

To tackle the issue of delay in Payments and not receiving the BISP Payment in some areas, BISP has decided to implement a new Payment structure and for this regard, they have launched a new banking Module for 9.3 Million Beneficiares that not only solve their problem of not receiving Payment but it will also allow the women to receive the stipend without any deduction.

All recipients will be able to receive their monthly installments without any delays or deductions because they will be entering into contracts with six banks this time around rather than just one. According to Rubina Khalid, the BISP has implemented a new financial structure that enables funds to be distributed to worthy women while leveraging the assets of up to six different institutions.

BISP Beneficiaries Will Receive Payments Via Six New Banks

The list of banks that have been contracted to handle payment distributions includes:

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

Benazir Kafalat Latest Registration Detail [Update]

The most recent update from the Benazir official website states that there is no online registration because many scammers are spreading false information about it. In actuality, however, BISP is conducting an NSER Survey at the tehsil Center in your area so that their team can analyze your entire financial situation and assign you a PMT Score.

You will be informed that you are ineligible if your score does not satisfy the specified standards, but if your score is less than 32, you are eligible to receive financial support from the Benazir Kafalat Program.

8171 Kafalat 13500 Payment Via banks

BISP has established several disbursement channels and worked with six more institutions to expedite the payment process and minimize delays:

Verified Retail Clusters: Beneficiaries can pick up payments from approved retail locations that are affiliated with banks, which facilitates access, particularly in remote areas.
Digital wallets: The disbursement system now incorporates services like EasyPaisa and JazzCash, enabling beneficiaries to receive and withdraw money electronically.
Bank ATMs: ATMs allow users to withdraw money straight from bank accounts that are linked to them.

Conclusion

BISP is actively addressing challenges faced by beneficiaries in receiving payments by introducing a new banking module and improved disbursement procedures. This modernized system, involving partnerships with six banks, ensures smoother and faster payments without deductions. With these enhancements, BISP reaffirms its commitment to supporting vulnerable families across Pakistan, making financial aid more accessible and reliable for millions in need.