BISP Kafaalat Program List of Banks for Rs 13,500 Withdrawal
The Benazir Income Support Program (BISP) has recently implemented significant changes to enhance support for underprivileged families in Pakistan. This article provides comprehensive information on these updates, ensuring that readers have all the necessary details without needing to look elsewhere.
What Are the Recent Changes in BISP Kafaalat Payments?
As of January 2025, BISP has increased the quarterly installment for the Benazir Kafaalat Program from Rs10,500 to Rs13,500, representing a 28.57% rise aimed at providing greater financial relief to deserving women across Pakistan.
Also Read : What Are the Latest Updates on BISP Payments for 2025?
What Is the Benazir Hunarmand Program?
In addition to the increase in Kafaalat payments, BISP has introduced the Benazir Hunarmand Program for the year 2025. This initiative focuses on empowering underprivileged individuals by providing skill training aligned with international standards, enabling them to achieve self-sufficiency and improve their livelihoods.
How Does BISP Support Women’s Empowerment?
BISP places a strong emphasis on women’s empowerment through various initiatives:
- Financial Assistance: The Kafaalat Program offers quarterly stipends to women from low-income households, helping them meet their basic needs.
- Skill Development: The Benazir Hunarmand Program provides vocational training to women, enhancing their employability and economic independence.
- Access to Financial Services: BISP facilitates the opening of savings bank accounts for women, promoting financial inclusion and literacy.
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Which Banks Are Authorized for BISP Kafaalat Payment Withdrawals?
Beneficiaries can withdraw their BISP Kafaalat payments from the following authorized banks:
- Habib Bank Limited (HBL): Provides biometric verification services for secure withdrawals.
- Bank Alfalah: Offers designated branches equipped for BISP payment disbursements.
- United Bank Limited (UBL): Facilitates withdrawals through its extensive branch network.
- National Bank of Pakistan (NBP): Ensures payment accessibility across various regions.
Beneficiaries are advised to visit the nearest branch of these banks with their Computerized National Identity Card (CNIC) to withdraw their payments.
How Can Beneficiaries Access BISP Payments?
To access BISP payments, beneficiaries should follow these steps:
- Receive Payment Notification: Beneficiaries will be informed of their payment availability through SMS from the official BISP number.
- Visit Authorized Bank Branch: Proceed to the nearest branch of the authorized banks mentioned above.
- Present Identification: Provide your CNIC for identity verification.
- Biometric Verification: Undergo biometric verification at the bank to ensure secure payment processing.
- Withdraw Payment: Upon successful verification, withdraw your stipend from the bank.
Conclusion
The recent enhancements in BISP’s initiatives, including the increase in Kafaalat payments and the introduction of the Benazir Hunarmand Program, underscore the government’s commitment to supporting underprivileged families and empowering women in Pakistan. By providing financial assistance, skill development opportunities, and facilitating access to financial services, BISP plays a pivotal role in improving the socio-economic conditions of its beneficiaries. Beneficiaries are encouraged to utilize the authorized banking channels for secure and convenient access to their payments.