The Benazir Income Support Program (BISP) has some great news for its beneficiaries. The International Monetary Fund (IMF) has approved an increase in the installment amounts for the program. Initially, the government announced a Rs. 3,000 increase, but the final decision now sets the installment at Rs. 13,500 every three months. The first increased installment will be available in January 2025, even though it was expected in December 2024. This increase will help many families manage their finances better.
| Program Name | Benazir Income Support Program |
| Start Date | Ongoing |
| Increased Amount | Rs. 13,500 per installment |
| Application Method | Online and Offline |
| Eligibility | Registered BISP beneficiaries |
Also Read: Benazir Kafalat 10500 Payment Re-Verification Starts 2024
Table of Contents
New Payment Model Introduced
The government has introduced a new payment model to make receiving benefits easier for everyone. This new system includes options like EasyPaisa and Legit Cash, as well as mobile banking through six new banks. These changes aim to provide multiple ways for beneficiaries to receive their payments without any hassle. The pilot phase of this new payment model has already started in two districts, and more areas will join soon.
How to Receive Payments Under the New Model
Under the new payment model, there are three main ways to receive your payments:
- Personal Wallets: Use mobile apps like EasyPaisa and Legit Cash from the new banks.
- Union Council Payments: Receive payments directly through your local Union Council.
- ATM Machines: Withdraw money from ATMs of the six new banks.
These options ensure that beneficiaries can choose the most convenient method for them, reducing the need to stand in long queues or deal with delays.
Updates on Education Scholarships
There are also important changes coming to the children’s education scholarships under BISP. In the next two to three months, the government plans to increase the number of beneficiaries by raising the PMT score. This means more children will qualify for the scholarships, providing them with better educational opportunities. The exact date for these changes is still pending, but beneficiaries can expect the updates to take effect by January 2025.
Deadline for Dynamic Survey
Beneficiaries must complete their dynamic survey by December 30th to continue receiving payments. Those who do not complete the survey will be disqualified and will not receive the next installment of Rs. 13,500. However, disqualified beneficiaries will have the chance to appeal and reapply starting January 2025. It is important to complete the survey on time to avoid losing benefits.
You may also read: BISP Check Balance Online by CNIC 2024-25
Conclusion
The Benazir Income Support Program is making significant improvements to help more people and make the process easier. With the increase in installment amounts and the introduction of a new payment model, beneficiaries will receive more financial support and have more convenient ways to access their money. Additionally, the updates to the education scholarships will benefit more children, and the dynamic survey deadline ensures that only eligible beneficiaries continue to receive support. These changes show the government’s commitment to improving the lives of those in need through the BISP.
FAQs
Can I change my payment method after applying?
Yes, beneficiaries can switch their payment method at any time by updating their information online or visiting a designated office.
What should I do if I miss the dynamic survey deadline?
If you miss the deadline, you can appeal and reapply for the program starting in January 2025 to continue receiving benefits.
Are there any additional benefits planned for BISP in the future?
The government is continuously working on expanding the program and may introduce more benefits based on the needs of the beneficiaries.