BISP Eligible Beneficiaries
The Benazir Income Support Program is designed to provide financial assistance to poor people and lift them out of poverty. Under this program, financial assistance of Rs 10,500 was being given to poor people every three months.
But now according to the recent update made by the chairperson of BISP, an amount of Rs. 12500 will be given to the eligible persons in the upcoming payment. The increase is intended to help low-income families and individuals who rely on this assistance to make ends meet.
This payment helps to eradicate poverty and manage the rising cost of living. BISP targets the most vulnerable sections of society, including women, the elderly, the disabled, and poor children. BISP aims to reduce the financial burden on these households through regular cash transfers.
In this article, we will give you all the information about the reason for the increase in the amount, how much money will be given to which women, and how to check the amount.
Also Read: Apni Chhat Apna Ghar Scheme Registration Form acag.punjab.gov.pk
Details of the New Payment
The latest update from BISP brings the good news that the eligible beneficiaries will now receive financial assistance of Rs.12500 in the upcoming payment schedule. This is a government move to increase and provide better financial support from the previous funds.
Payments will be disbursed quickly ensuring timely disbursement to the needy and now officially contracted with six banks within Punjab.
Now the money will be given to you through Jazz Cash, HBL Microfinance Bank, Telenor Microfinance Bank, and Bank Al Falah so that the money can reach you completely and transparently without any deduction.
Also Read: BISP Ineligibility Registration Process: How to Register and Check Status
Eligibility Criteria for the 12,500 PKR Payment
Beneficiaries must meet the eligibility criteria to receive the payment of Rs.12500. These criteria include being part of a low-income household, having valid registration with BISP, and passing the verification process.
Also, according to the NSER survey, your poverty score should be less than 30. If there are widows, their maximum PMT score should be 35. The program primarily targets women as household heads and is designed to make women committed.
But other vulnerable people like elderly people can also get financial assistance. It is important to ensure that your registration is up to date in order to receive payment.
It means that you have updated your information because only poor people are given financial assistance by the government. The government takes two years to get the verification of the application so that the aid money reaches the poor people.
Also Read: Apni Chhat Apna Ghar Scheme officially Launched Apply Now
How to Check Your Eligibility Status
If you are still not sure whether you are eligible to receive the payment of Rs.12500, you can easily check your eligibility.
- This process is very easy and can be done online or via SMS
- You can visit the official website of BISP and enter your CNIC number to verify your status.
- Apart from this, you can also check your eligibility by sending your CNIC number to the 8171 SMS code.
- If you want, you can also check your eligibility by visiting your nearest BISP office.
Let you know that messages from BISP are sent through 8171 only. Also, if you are asked to send information or call for information, you should never share your information.
Also Read: Important Update on the Apni Chhat Apna Ghar Scheme: Register Through your Smartphone
Process for Receiving the Payment
Once you have verified your eligibility, the next step is to find out how you can get the financial assistance of Rs 12500 from BISP. For this, the government has initiated cash centers across Pakistan and now contracts have been made with six banks in Pakistan.
You can easily access your money anytime through these banks. The major advantage is that you can access your money anytime during 24 hours using an ATM.
In the future, it is being worked out that you will be able to get direct money in your mobile wallet like Jazz Cash EasyPaisa etc. You will be able to withdraw it whenever your heart desires. This is a very good initiative by the government and the government is digitizing the money so that there is no deduction at all.
Also Read: BISP Jobs: BISP 1997 New Contract basis Jobs August 2024
Conclusion
Payment of Rs 1200 by BISP is a wave of happiness for poor people across Pakistan. If you are eligible then check your amount and after checking the amount go to the nearest BISP office or bank and collect your amount. Also, keep visiting our website to get all the updates from BISP.
Frequently Asked Questions (FAQs)
Q: Who is eligible for the 12,500 PKR payment?
A: Eligibility is based on income level, registration with BISP, and passing the verification process.
Q: How can I check if I’m eligible?
A: You can check your eligibility status online through the BISP website, via SMS, or by visiting a local BISP office.
Q: How will I receive the payment?
A: The payment can be received through bank transfers, ATMs, or mobile wallets, depending on your preference.
Q: What should I do if I don’t receive my payment?
A: Contact BISP support for assistance if you face any issues with payment collection.
Also Read: Latest Update August 2024: Ehsaas Program Payment and Registration