Solution for the deduction in BISP Payment | Bank Accounts for women
One of the most popular assistance programs in Pakistan is the Benazir Income Support Program, which works tirelessly for the betterment of Pakistan’s poor. Through the Benazir Kafalat Program, they provide assistance in the form of money to eligible and registered women through a CNIC check.
BISP payments of 10500 are deducted in a way that Muhammad Amjad Saqib has figured out how to get around it. In spite of the fact that the BISP continues to provide payments to eligible individuals from January through March, recipients must overcome a number of obstacles in order to receive the entire amount.
What is the Solution for the deduction in the BISP Payment?
Benazir Kafalat’s new payment has arrived and more than half of Benazir Kafalat’s beneficiaries receive their payments through camps and shops, but one of the difficulties is that they receive their 10500 Payments after deductions.
BISP senior leadership surveyed the beneficiary ladies in several locations, listening to their concerns and inquiries about the best way to handle BISP payment deductions.
One of the Biggest Complaints of Women related to the BISP program
Most of the beneficiary women expressed concerns that they were not paid on time and that the amount they received was much less than what they were supposed to receive during the survey. Each of the women’s questions was answered one by one by Dr. Amjad Saaqib as he spoke with them attentively.
What is the Solution given by the women?
All the women responded that the solution to the deduction in the BISP payment should be a bank account for the women so that they can easily receive their full payment.
The Beneficaries ladies are very stiff on their demand and they request the government and program management to allow them to visit banks and also to make easy transaction through ATMs.
The BISP is working on the distribution of BISP payments through banks
There is no doubt that the most common issue women in the Benazir Kafalat Program experience is one that could be solved to reduce the impact of the withdrawal from the BISP 10500 payment, as you have already read. Thus, the entire system has finally taken action and is working hard to eliminate any obstacles that prevent their recipients from receiving their monthly payments.
In this case, the government and program’s team are working on a project in which they will open new bank accounts for the women and also provide them with ATM cards so that they can receive their payments from the Benazir Income Support program without any deduction.
Benazir Social Protection Account 2024
With the collaboration of BSP and BISP, NBP National Bank of Pakistan launched the 8171 BISP program Benazir Social Protection Account. In order to empower women and promote their success, NBP is dedicated to transforming how they can access financial resources.
The key features of the Benazir Social Protection Account:
Among the most important details here is that all Beneficiaries received training and understanding from their officials on how to manage all the resources and equipment and use them for banking services.
Through their accounts, women can access a variety of digital banking services, such as the fastest mobile app, PayPak debit/ATM cards, and secure transactions, allowing them to pay bills, save money, and receive BISP stipends.
Conclusion
By setting up Benazir Social Protection Accounts, the deduction issue in BISP payments has been effectively addressed. Through collaboration between government and banking institutions, this solution ensures women receive their full payments without deductions, driven by the voices of beneficiary women.