List of Banks for BISP Kafaalat 13500 Payment

The Benazir Income Support Programme (BISP) stands as a pivotal initiative offering financial aid to low-income families countrywide. Notably, a recent rise in the quarterly Kafaalat installment amount has been unveiled, significantly benefiting numerous households. Delving deeper, this article aims to shed light on the array of banks where beneficiaries can seamlessly withdraw their BISP Kafaalat payments and stay abreast of the latest developments.

Recent Update on BISP Kafaalat Payment

The recent announcement made by BISP Chairperson, Rubina Khalid, during a visit to the Benazir Nashonuma Center at the Sindh Government Hospital in Karachi, disclosed the escalation in the Kafaalat quarterly installment amount. Crucial details include:

• Current Installment Amount: Rs 10,500 per quarter.
• New Installment Amount: Rs 13,500 per quarter.
• Increase: An additional Rs 3,000 integrated into the existing payment structure.

Expansion of Beneficiaries

At present, approximately 9.3 million households are part of the BISP program, with the enrollment expected to reach 10 million by the upcoming year. The initiative aims to offer support to those in need by amplifying the financial aid provided.

List of Banks for BISP Kafaalat Installments

To facilitate a smoother withdrawal process, BISP has fostered partnerships with multiple esteemed banks. Initially relying on two banks, the program has broadened its service scope by collaborating with six additional banks. This strategic move enables beneficiaries to withdraw their quarterly payments with enhanced convenience. Below is a list of banks offering the withdrawal facility for the Rs. 13,500 Kafaalat payment:

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

How to Withdraw BISP Kafaalat Payment?

Beneficiaries can effortlessly withdraw their payments from the ATMs of any of the aforementioned banks. Follow these straightforward steps:

1. Locate an ATM: Identify the nearest ATM belonging to any listed bank.
2. Use Your BISP Card: Insert your BISP card into the ATM.
3. Follow Instructions: Adhere to the on-screen instructions to complete the withdrawal process.
4. Collect Cash: Upon successful transaction, collect your cash along with the receipt.

Conclusion

The upsurge in BISP Kafaalat payments to Rs. 13,500 per quarter underscores the government’s dedication to extending robust support to low-income families. With an augmented network of bank partnerships, beneficiaries now enjoy heightened flexibility in accessing their funds. Opt for the listed banks’ ATMs for a seamless withdrawal experience, and stay tuned for forthcoming updates.