The Benazir Income Support Programme (BISP) has recently announced the release of the first installment of Rs. 10,500, incorporating the Benazir Kafalat program. This payment is targeted towards specific groups, ensuring financial assistance to those in need. Let’s delve into the eligibility criteria and the types of individuals who qualify for this payment.
1. Regular Beneficiaries of BISP
Regular beneficiaries of the Benazir Income Support Programme are individuals who have been consistently receiving support installments through the program. This group will continue to receive the Rs. 10,500 installment, maintaining the continuity of financial aid.
Non-Registered Individuals with Benazir Dynamic Service
Individuals who have not registered online with BISP until August of the previous year, or those who haven’t utilized the dynamic service offered by the program, are also eligible for this payment.
Upon checking their eligibility, messages have been dispatched to notify them, and their status is being updated on the 8171 web portal. After verification and confirmation, these individuals will begin receiving their installments, including the Rs. 10,500 payment.
Payment Procedure For BISP 10500 Payment
For those eligible for the Rs. 10,500 payment, the process for receiving the installment is as follows:
1. Deposit in Bank Accounts
Upon verification and confirmation of eligibility, the first quarterly installment of Rs. 10,500 is deposited directly into the beneficiaries’ bank accounts.
2. ATM Withdrawal
Beneficiaries can withdraw the installment from the ATMs of their nearest banks. It’s essential to note that all BISP payments are now accessible through bank ATMs, ensuring convenient access to financial assistance.
Conclusion
The recent announcement of the Rs. 10,500 payment under BISP aims to provide crucial financial support to deserving individuals. By targeting regular beneficiaries and previously non-registered individuals, the program ensures inclusivity and assistance to those in need. With the streamlined payment process through bank ATMs, beneficiaries can access their installments conveniently, further easing their financial burdens.