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Good News: BISP Partners With Six Banks To Expand Payment System:

The BISP has released some excellent news for the poor and worthy. The Benazir Income Support Program has reached an agreement with six banks to ensure that underprivileged and deserving people receive financial assistance on time.

Poor and worthy people will no longer have to stand in line for hours to receive financial aid. Now, underprivileged and deserving persons who have registered in the Benazir Income Support Program and wish to get financial help will be able to do so effortlessly through any relevant bank.

When it comes to the institutions the Benazir Income Support Program has collaborated with, they include Bank Al Falah, Habib Bank, Bank of Punjab, Mobilink Microfinance Bank, Telenor Microfinance Bank, and HBL Microfinance Bank.

You can read also New Method! Check Eligibility for 10,500 PKR Ehsaas 8171 Program–2024:

How To Get New Installment of BISP:

According to the most recent Benazir Income Support Program update, the program presently provides financial support to 93 lakh disadvantaged and eligible families. Due to the enormous number of beneficiaries, BISP encountered significant difficulty in making payments. Benazir Income Support recently signed a Memorandum of Understanding with six banks. Poor and deserving people will now be able to get money from these institutions.

Now, let me explain how you will receive your money from these banks. Those who have registered in the Benazir Income Support Program and whose financial aid has been released can go to any retailer of the respective banks near them to receive it.BISP

Remember that in order to receive financial help, beneficiaries must go to the local bank outlet with their original ID card and registered mobile number. Following this, the responsible merchant will provide financial aid to such individuals after validating their fingerprints.

Registered Bank with BISP

The following is a list of banks that can be addressed for financial aid.

  • Bank Al Falah.
  • Bank of Punjab.
  • Mobilink Microfinance.
  • Telenor Microfinance Bank.
  • Habib Bank Limited (HBL).
  • HBL Microfinance.

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Complaint in case of deduction of amount

Benazir Income Support works tirelessly to ensure the payment system remains transparent. Dr. Muhammad Amjad Saqib, Chairperson of the Benazir Income Support Program, has stated that if worthy people’s financial support is cut, they must file a complaint with the BISP’s tehsil office. Following the filing of the complaint, Benazir Income Support team will take quick action against the deducting shop.

New Registration of BISP

Aside from that, now is the perfect time for people who have still to finish their registration in the Benazir Income Support Program. Because the Pakistani government has issued a decree, those who have not yet enrolled in the Benazir Income Support Program should do so as soon as feasible. As a result, such individuals are encouraged to attend any nearest BSP tehsil office to complete their registration as soon as feasible.

Conclusion

The Benazir Income Support Program has raised the number of partner banks from two to six to ensure that payments are made to the needy and deserving as quickly as feasible. People who were previously having difficulty acquiring money will now be able to receive it as soon as feasible. This article has supplied you with all of the relevant information. If you want to know more about this or have any questions, please leave them in the comments area.

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