Last Updated on: 11th March 2024, 02:28 pm
The Benazir Income Support Programme (BISP) stands as a cornerstone of Pakistan’s social welfare system, dedicated to mitigating poverty and uplifting marginalized sectors of society. In a significant move towards improving accessibility and effectiveness, BISP has formed a strategic alliance with The Bank of Punjab (BOP) for the seamless distribution of cash grants to BISP beneficiaries nationwide.
BOP Collaboration with BISP Beneficiaries:
The Bank of Punjab (BOP), a well-established public sector bank with a wide presence across the country, has entered into a groundbreaking partnership with BISP. Officially sealed on February 21, 2024, at the BISP headquarters in Islamabad, this collaboration underscores a mutual commitment to advancing socio-economic progress and financial inclusion.
As per the agreement, BOP will extend its services to around 2 million BISP beneficiaries. This encompasses over 190,000 beneficiaries spread across 15 districts of Balochistan, more than 193,000 beneficiaries in 8 districts of Punjab, over 215,000 beneficiaries in 3 districts of Khyber Pakhtunkhwa (KPK), and exceeding 459,000 beneficiaries across 5 districts of Sindh.
| Name of Province | Total No. of Beneficiaries |
|---|---|
| Balochistan | 190,000 |
| Punjab | 193,000 |
| Khyber Pakhtunkhwa | 215,000 |
| Sindh | 459,000 |
| Total | 2,057,000 |
BISP Beneficiaries Payment of 10500 through BOP:
BOP’s commitment to serving BISP beneficiaries goes beyond traditional banking avenues. Alongside its extensive branch network, beneficiaries can conveniently access their cash grants through BOP’s ATMs, partner banks, and agent networks spanning all provinces of Pakistan. This multi-faceted approach ensures that beneficiaries can receive their entitlements seamlessly and efficiently.
Also Read: Benazir Kafaalat New Payment 10500 Received Through BISP Portal 2024
اہم خبر:
معاہدے کے مطابق، BOP تقریباً 20 لاکھ بی آئی ایس پی مستفیدین تک اپنی خدمات فراہم کرے گا۔ اس میں بلوچستان کے 15 اضلاع میں پھیلے ہوئے 190,000 سے زیادہ مستفیدین، پنجاب کے 8 اضلاع میں 193,000 سے زیادہ مستفیدین، خیبر پختونخواہ (KPK) کے 3 اضلاع میں 215,000 سے زیادہ مستفیدین اور سندھ کے 459,000 اضلاع سے زیادہ مستفید ہونے والے شامل ہیں۔
بی او پی کا بی آئی ایس پی سے مستفید ہونے والوں کی خدمت کا عزم روایتی بینکنگ طریقوں سے آگے ہے۔ اس کے وسیع برانچ نیٹ ورک کے ساتھ ساتھ، فائدہ اٹھانے والے پاکستان کے تمام صوبوں میں پھیلے ہوئے BOP کے ATMs، پارٹنر بینکوں اور ایجنٹ نیٹ ورکس کے ذریعے آسانی سے اپنی نقد گرانٹس تک رسائی حاصل کر سکتے ہیں۔
Final Thoughts:
The collaboration between BOP and BISP represents a significant milestone in Pakistan’s pursuit of inclusive growth and poverty alleviation. By leveraging BOP’s extensive network and innovative solutions, BISP beneficiaries can conveniently access their entitlements, thus contributing to their socio-economic well-being.
This partnership reflects a proactive approach towards addressing societal challenges and building a more equitable future for all Pakistanis.
Check also, 8171 Benazir Program Starts Next Installment Of 10500 New Update
FAQs About BISP Payment of 10500 through BOP:
Q.1 How will BISP beneficiaries receive payments through BOP?
BISP beneficiaries can receive payments through BOP’s branches, ATMs, partner banks, and agent networks.
Q.2 Is BOP the sole bank facilitating BISP payments?
While BOP is the primary public sector bank providing services to BISP, other financial institutions such as HBL and Bank Alfalah may also facilitate payments.
Q.3 What documents are required to receive BISP payments through BOP?
Beneficiaries need to present their BISP identification documents along with relevant identification proof to receive payments.
Q.4 Will BISP beneficiaries incur any charges for accessing payments through BOP?
No, BISP beneficiaries will not face any charges for accessing payments through BOP’s channels.
The signing ceremony of this collaboration, graced by esteemed dignitaries including Dr. Amjad Saqib, Chairman of BISP, and Mr. Zafar Masud, President and CEO of BOP, reaffirms the collective determination to enhance the welfare and empowerment of BISP beneficiaries. Through this partnership, BOP and BISP aim to make tangible impacts, uplifting communities and fostering sustainable development.