The Benazir Income Support Programme (BISP) has recently increased the quarterly payment under the Benazir Kafaalat initiative to Rs 13,500.
In a statement on Wednesday, BISP Chairperson Senator Rubina Khalid said that the quarterly payment has been increased by Rs 3,500 from 10,000 to Rs 13,500.
She said that the year 2025 is designated for the ‘Benazir Hunarmand Programme’, which aims to assist deserving person in securing employment after training from various opportunities.
BISP stands as one of the most significant social safety net initiatives in Pakistan, initiated in July 2008 with the objective of alleviating poverty and offering financial aid to the most at-risk groups within society.
Read More: Good news for BISP beneficiaries
This program predominantly focuses on women as its primary beneficiaries, thereby enhancing their financial independence to assist their families through unconditional cash transfers and various social protection strategies.
List of banks for cash withdrawal
Previously, beneficiaries could withdraw their assistance only from Habib Bank Limited (HBL), often facing long wait times. To address this issue, the government had expanded the list of participating banks, making it easier for families to access their payments. Eligible families can now withdraw their quarterly payments from the following banks:
- Bank Al Falah
- Bank of Punjab
- Mobilink Microfinance (JazzCash)
- Telenor Microfinance Bank
- Habib Bank Limited
- HBL Microfinance
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