BISP Brings Solutions for Beneficiaries Facing Payment Issues
The Benazir Income Support Program (BISP), designed to provide financial assistance to low-income families, has recently implemented new measures to address the challenges some beneficiaries face, particularly in remote areas like South Waziristan. Delays in receiving payments, limited access to cash distribution points, and technical challenges have prompted the BISP, with support from the State Bank of Pakistan (SBP), to develop solutions to streamline payment disbursements and improve accessibility.
People in South Waziristan Facing Difficulty in Receiving Cash
In South Waziristan and other remote areas, beneficiaries often struggle with accessing their payments due to limited banking infrastructure and high travel costs. Many recipients rely on nearby cash centers or distribution points, but the distance to these facilities can be challenging for families without easy transportation. Furthermore, intermittent payment delays add to these challenges, leaving many beneficiaries without timely access to funds for essential needs.
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Solution for Delays in Payments
To resolve delays and improve payment accessibility, BISP has partnered with SBP to introduce a new “BISP Sahulat Account” system. This framework allows beneficiaries to open basic bank accounts at nearby branches of designated banks and microfinance institutions, eliminating the need for physical cash distribution centers. The Sahulat Accounts are accessible in a single visit, allowing beneficiaries to securely receive and withdraw their funds through ATMs, banking agents, and mobile banking options, thus reducing reliance on cash centers and making payments more accessible, especially in remote areas.
BISP Beneficiaries Will Receive Payments via Six New Banks
As part of this initiative, BISP has expanded its network to include six additional banks, which are now authorized to handle BISP payments. This integration means beneficiaries have more banking options, which can reduce waiting times and make accessing funds easier. The banks involved in this rollout include major institutions with branches in rural and urban areas, which will support BISP’s goal of financial inclusion and improved service delivery across Pakistan.
Benazir Kafalat Latest Registration Details [Update]
For new and existing beneficiaries, BISP has also simplified the registration process for the Benazir Kafalat Program. Beneficiaries can check their eligibility and register at their nearest BISP office or via SMS at 8171. The new registration process requires essential documentation, including the family’s CNIC and updated contact details. Once registered, recipients receive payments directly to their designated accounts, making the system more efficient and secure.
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Conclusion
The recent updates by BISP and SBP aim to improve the accessibility and reliability of the payment system for beneficiaries, especially those in remote areas. By expanding banking options and introducing Sahulat Accounts, BISP is tackling the core issues that delay or complicate access to financial assistance. These measures are a step forward in making financial support more inclusive and accessible for Pakistan’s most vulnerable communities. For more information or to register, beneficiaries can contact the BISP helpline at 0800-26477.