Recently, BISP Chairperson Dr Robina Khalid signed a BISP New Agreement with six banks to deliver funds to Pakistan’s 9.3 million needy families. Following the signing of the agreement, he delivered a speech in which Chairman Dr. Robina Khalid and other program development institutions took part.
This agreement intends to ensure that the BISP program’s aid efficiently reaches impoverished people. The government is implementing safe and effective methods to prevent corruption and fraud during money distribution, allowing money to be disbursed safely through banks.
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BISP New Agreement with Six Banks 2024
Money will now be disbursed through an agreement with six banks. Previously, BISP payments were available solely through the Benazir Income Support Program Office and HBL Bank.
However, in response to complaints about logo money collection, Dr. Robina Khalid recently reached an agreement with four additional banks to address the issue and give customers tools to make money delivery easy and safe. Six sources of money recovery have now been established, allowing you to simply receive your funds.
This decision was made to make it easier to collect funds for the impoverished. So that every needy and worthy person can receive support quickly and efficiently. An arrangement has been struck with these banks so that every needy individual can receive their entire sum.
BISP Chairperson Dr Amjad Saqib Address
In his speech, BISP Chairperson Dr. Robina Khalid underlined the necessity of performing our common responsibility to help the needy. He stated that, regardless of our status, as human beings and Pakistani citizens, we must carry out our responsibilities effectively.
Aside from that, he added we should play a constructive role in their lives. And adopt a kind attitude and respect for the issues that people confront when trying to retrieve their money. Officials at the Benazir Income Support Program Web Portal should strive to fulfill their responsibilities by guaranteeing financial transparency.
An Overview Of BISP New Agreement
| Program Type | BISP |
| Country Name | Pakistan |
| Article Category | Detail About agreement Six Banks / Get instalment |
| Concerned Department | Benazir Income Support Program |
| Year | 2024 |
| Mode of Checking BISP Agreement/ Get Amount | Online/ Physical |
List OF Six Major Banks
This new BISP representative agreement will result in an annual savings of two billion. 15 clusters and six banks will play critical roles in providing services to BISP clients.
The six banks are listed below.
- HBL Microfinance Bank
- Habib Bank Limited
- Telenor Microfinance Bank Limited
- Mobilink Microfinance Bank Limited
- Bank Alfalah
- The Bank of Punjab
How To Withdraw BISP Kafalat Payment from Six Banks?
If you want to withdraw money from these banks, you must first register with your account. After you are approved, your funds will be deposited into your in-bank account, which you can access at any time. Remember that only eligible individuals can get funds from them via banks. You’ll need your original ID card, which has been updated by NADRA. If you have any problems recovering this case, you can call the BISP helpdesk and apply your complaints.
The simple technique for money recovery is outlined here.
Go to the ATM of any of the six banks listed above.
- You must have your original ID card.
- Enter the ID card number, verify with your thumb, and then check the amount.
- Finally, get your money.
Conclusion
Dr. Robina Khalid has reached an agreement with several institutions after analyzing the issues encountered during the money recovery process. The goal of this agreement is to make money collection clear and efficient, thereby reducing the obstacles that poor and deserving individuals have when receiving money.
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Also Read: Step-by-Step Guide: Verify Your Eligibility for Punjab’s CM Bike Program Latest Update 2024
FAQs
1. How do I withdraw my BISP Kafalat payment from the six banks?
Visit the ATM of any of the six banks. Use your original, NADRA-updated ID card, enter your ID number, verify with your thumb, and withdraw your money.
2. What do I need to withdraw money from the six banks?
You need your original, NADRA-updated ID card and must be an approved BISP beneficiary.
3. What if I face issues withdrawing my BISP payment?
Contact the BISP helpdesk to report the issue and get assistance.