BISP & SBP Partner For Transparent Payment System: 8171 Report!

BISP & SBP Partner For Transparent Payment System: 8171 Report!

Here is the latest Update for all the BISP Beneficiaries who have completed their survey in 8171 Ehsaas Prorgam. Now on the special direction and unconditional efforts of BISP’s new chairperson Rubina Khalid, the Benazir Income Support Program is upgrading its payment system by partnering with the State Bank of Pakistan (SBP). It aims to ease the Payment method for beneficiaries and make it more transparent so that all eligible women can receive a complete amount of 13,500 from their accounts.

BISP, and SBP Collaborate To Streamline The Process Of Paying Stipends 

In a meeting on Friday, Jameel Ahmed, the governor of the State Bank of Pakistan, and Senator Rubina Khalid, the chairperson of the Benazir Income Support Programme (BISP), discussed the details of this duty.

جمعہ کو ہونے والی ایک ملاقات میں اسٹیٹ بینک آف پاکستان کے گورنر جمیل احمد اور بینظیر انکم سپورٹ پروگرام کی چیئرپرسن سینیٹر روبینہ خالد نے اس ڈیوٹی کی تفصیلات پر تبادلہ خیال کیا۔ اسٹیٹ بینک آف پاکستان اور بے نظیر انکم سپورٹ پروگرام (BISP) نے مل کر پروگرام کے شرکاء کو وظیفے کی تقسیم کے لیے ایک ہموار عمل بنایا ہے۔

Together, the State Bank of Pakistan and the Benazir Income Support Program (BISP) have created a streamlined process for disbursing stipends to program participants.

Main Purpose Of Calling Meeting With SBP

After receiving so many complaints and watching corruption cases in BISP Payments, Rubina Khalid has taken a very accurate step to modify the BISP Old payment system so that all the current and new beneficiaries can easily receive their complete stipend through the efficient payment system.

The purpose of the conference was to talk about creating a fresh, enhanced, and open method for giving deserving women stipends under the BISP.

Senator Rubina Khalid emphasized during the discussion the President and Prime Minister’s desire for an open and respectable payment system for the low-income women receiving benefits from the BISP.

BISP Payments Through New Banking System

The beneficiaries would be able to access a new financial system, according to Benazir Chairperson Rubina Khalid. This time, they will have contracts with six banks rather than just one, ensuring that all recipients can get their monthly installments on time and without any deductions.

Rubina Khalid claims that the BISP has implemented a new financial structure that makes use of the resources of up to six different institutions to provide financial support to worthy women.

Payment Disbursement In a Respectful Way

Governor SBP promised that the State Bank of Pakistan and the BISP would meet together to create a streamlined process for giving stipends to worthy women.

This will guarantee that the beneficiaries get their money honestly and respectfully

Conclusion

In conclusion, the partnership between BISP and SBP marks a significant step towards ensuring a more transparent and efficient payment system for beneficiaries. With the introduction of multiple banking options and a focus on eliminating corruption, eligible women can now receive their full stipends of Rs. 13,500 in a timely and respectful manner.