BISP Monthly Payment New Update

Attention BISP Recipients! There is a new update from the government regarding the BISP monthly payment. Now, the beneficiaries will get the increased amount of Rs 36000 per annum on a quarterly basis. So the new payment will be RS 9000 every 3 months. This article provides a thorough overview of the latest payment update.

What is BISP 2023:

Benazir’s income support program is a poverty reduction scheme that helps people with lower resources get financial assistance to meet their basic needs. BISP provides this financial assistance quarterly to eligible individuals. These individuals can get this payment through banks or some vendors authorized by the program.

The individuals who are jobless and belong to families with a lower poverty score can get assistance from the Bisp and Ehsaas programs. After registering with the bishop, they can receive cash transfers to meet their monthly expenses. In this way, the government is providing these people some relief to survive in this time of inflation.

BISP Monthly Payment New Schedule:

BISP just shared some exciting news! Starting September 1, 2023, they’ll begin giving out monthly payments. If you’re part of BISP, you can take out your money from HBL ATMs, Bank Alfalah, and other specific places. Here’s the cool part: instead of getting money every month, they’re switching to a new way. Now, you’ll get all your money for three months at once!

So, here’s how it works:

• Quarter 1: September, October, November
• Quarter 2: December, January, February
• Quarter 3: March, April, May
• Quarter 4: June, July, August

BISP Monthly Payment New Update:

To make things even better for you, BISP is increasing the amount of money you receive. Instead of getting Rs. 25,000 per year, now you’ll be getting Rs. 9,000 every three months. That means you’ll get a total of Rs. 36,000 in a year. This change is meant to provide you with a more helpful and predictable financial assistance plan. BISP is working to ensure you get the support you need.

BISP Payment Date New Update:

There is an important update from the BISP about the payment date. Now, BISP beneficiaries will be getting the payment earlier. In the future, BISP payments will now be credited on the 1st day of each month instead of the 15th. This change is to provide you with quicker access to financial support. 

How To Register For BISP:

For those who have not applied for the BISP program yet, you have to visit your nearest BISP center or BISP tehsil office. Now, ask for the registration form at the registration desk. After that, you have to fill out the form with accurate information. Finally, submit the registration form to the desk.

After successfully registering, stay tuned for the confirmation message for the program by 8171. You will receive your eligibility status for the program through this message. If you are eligible for the program, then you can get financial assistance from the Pakistani government.

Benefits of joining BISP:

BISP has covered many fields where it has helped many people, whether this help is in a financial way or any other like educational, medical, and social development and protection. Millions of families are now part of the BISP initiatives. There are many benefits of joining this program that might help you.

• BISP helps you financially so that you can meet your basic requirements.
• BISP also increases the monthly payment according to inflation.
• BISP also helps different artists through the Ehsaas Sila e Fun program.
• BISP also helps the children of registered families get an education through the Zewar-e-taleem program.
• Bisp provides financial assistance to pregnant or lactating women through the Bisp Nashonuma program.

BISP Monthly Payment Check By CNIC:

You can easily check your monthly payment after registering through the program. For this purpose, all you need are your CNIC and Phone number. To check your payment, create a message with the format “BISP space> CNIC number without dashes” and send it to 8171.

How To Withdraw BISP Payment Through ATM:

BISP has offered two methods by which you can get your new payment. You can withdraw your money by visiting either a bank ATM or BISP-registered vendors. In most cities, it is the Habib Bank where you withdraw your money, but in Azad Jammu & Kashmir, you can also receive your money through Bank Al-Falah.

If you want to withdraw your money through an ATM, follow these steps:

• First of all, visit the nearby ATM of HBL or Bank Al-Falah.
• Input your card into the machine and enter your security pin.
• Choose the language according to your comfort.
• Choose the amount you want to receive.
• Get your money from the box,
• Clear your transaction and put out your card.

How New Recipients Can Get Their Payment?

The people who are new to the program could not get their first payment through the bank because their records could not be updated in the banks instantly. Only regular people who are receiving their 2nd or 3rd payment can get their payments from the bank. The new recipients can get their money through retail shops in their city.

Avoid Cheaters & Scammers While Receiving BISP Payments:

There is a new scam in the market about the unofficial deduction of BISP monthly payments. Illiterate women are especially facing problems at the retail shops in lower districts like Raheem Yar Khan. Scammers are charging them Rs 500 to Rs 1500 in the name of deductions or taxes.

There is no official deduction by the BISP at the retail shops. So, if you are facing this problem, please don’t make any payments. Contact the BISP helpline and make a complaint about this issue. Serious action will be taken against such cheaters.

Conclusion:

Shazia Marri, chairperson of BISP, announced a new update regarding BISP monthly payment. Now you will get 9000 Rs instead of 7000 Rs on a quarterly basis. The payment will be disbursed on the 1st of the month. This change has been introduced to help you get monthly assistance earlier.