Last Updated on: 22nd March 2024, 09:18 pm
BISP 10500 New Payment: The Benazir Income Support Program (BISP) has started the distribution of quarterly cash assistance to beneficiaries of the Kafaalat program, providing relief to the needy with a release of ten thousand five hundred rupees. The Benazir Kafaalat Program, operating under the umbrella of BISP since its inception in 2008, has evolved from modest beginnings to become the largest cash transfer initiative in the country. This initiative aims to extend financial aid to poor families, empowering them to address their pressing needs.
BISP New Payment 2024:
In this comprehensive blog post, we delve into the details of BISP’s quarterly cash distribution, shedding light on the eligibility criteria and the process for receiving these funds. For a thorough understanding, it is recommended to completely read this blog post.
Benazir Kafaalat 10500 Quarterly Payment Released:
Presently, disbursements under the Benazir Kafaalat program are underway across all four provinces, including Azad Jammu and Kashmir and Gilgit Baltistan, facilitated by the Benazir Income Support Program. Eligible individuals enrolled in the sponsorship program are eligible to receive their assistance. Notably, the government of Pakistan has recently increased the amount from 8,500 to 10,500 rupees under the Kafaalat program.
Furthermore, in consideration of Ramadan, the government is offering special financial assistance to alleviate the financial burden on the needy. Residents of Khyber Pakhtunkhwa can receive an additional 10,000 rupees, while those in Sindh are entitled to an extra 5,000 rupees.
Check Eligibility for BISP New Quarterly Payment:
Individuals who have recently completed their registration and are eager to check their eligibility status can do so by entering their ID card number on the BISP 8171 portal. Alternatively, eligibility status can also be verified at the nearest BISP office or Tehsil, with no associated fees.
Receiving Cash Stipends from the Benazir Kafaalat:
Upon receiving an SMS notification from BISP regarding the release of payment, eligible recipients can visit their nearest BISP payment centers for biometric verification and subsequent collection of funds. Following successful verification, funds can also be withdrawn from HBL or Bank Al Falah ATMs, besides BISP payment centers.
BISP New Payment Update 2024:
The Kafaalat quarterly installment of 10,500 rupees for January to March 2024 has been released to 40 lakh beneficiaries, totaling over 42 billion rupees by March 21, 2024. Eligible beneficiaries of the Kafalat program are urged to collect their funds as quickly as possible, ensuring to obtain a receipt upon receipt of payment.
Check also, How to Apply for April to June BISP 10500 Dynamic Survey?