The Benazir Kafalat program is Pakistan’s largest cash transfer initiative, providing financial assistance to women from poor and deserving families. The program aims to protect women from rising food prices and slow economic development, while empowering them to play a role in eradicating poverty. Recently, Benazir Income Support Program chairperson Senator Rubina Khalid announced an increase in the quarterly stipend received under the kafalat program. This article provides information on the stipend increase, new registration, and new measures, ensuring comprehensive coverage for those interested in the program’s benefits.
What is the amount of the increase in quarterly payments?
The BISP has increased the kafalat program payments by 3,000, bringing the total to 13500. This change was made on special instructions from BISP chairperson Senator Rubina Khalid. Previously, eligible women received a quarterly payment of 10500, but now receive 13500. This increase will apply to installments received from January 2025, ensuring that women receiving December instalments will receive Rs 10,500 only. This change is aimed at addressing concerns about the continued payments for eligible women, who are concerned about the 10500 payments.
Update on the New Benazir Kafalat Program Registration
BISP chairperson Rubina Khalid has announced an increase in quarterly payments and initiated new registration to address rising inflation and poverty in the country. Women living below the poverty line and with monthly incomes less than 50 thousand rupees can now complete their registration process at BISP registration centers within offices across the country. To complete the registration, women must have an original ID card and a registered mobile phone number. No online procedure is available, so women must visit the nearest office to complete their registration.
New Banks Added for Withdrawing Payments
The Benazir Income Support Program (BISP) has expanded its list of participating banks to address challenges faced by beneficiaries in accessing their payments. Previously, women could only withdraw their payments through Habib Bank Limited (HBL), which often resulted in long waits. Now, families can easily withdraw their quarterly stipend from HBL, along with Bank Al Falah, Bank of Punjab, Mobilink Microfinance (JazzCash), Telenor Microfinance Bank, and HBL Microfinance.
These measures aim to provide deserving women with easy and quick access to their financial assistance, preventing unnecessary hardships or delays. The announcement of an increase in quarterly payments of the Benazir Kafalat program is commendable, as it not only provides financial support to women from poor and deserving families but also helps them save themselves from falling victim to poverty. Read More