Wed. Jun 12th, 2024

News 10500 Start Latest Installment and Verification Details

Bismillah Rahman Raheem, Assalamualaikum viewers. I am here to share some of the latest and most crucial updates regarding the Benazir Income Support Program (BISP). This includes significant information about the upcoming installment, updates on ATM services, details on dynamic surveys, and updates about children’s stipends. This update will also inform you about the verification process for children enrolled in the Waseela-e-Taleem program and whether they will receive their installments. Additionally, we will provide updates on the PMT (Poverty Means Testing) scores from the dynamic survey and whether those who scored higher will receive their installments. Let’s dive into the details. First, it’s important to note that the Pakistani government has decided to release the new installment of the Benazir Income Support Program by May 20th. Unlike previous times, this installment will not be available at HBL retailer shops but will be distributed through campsite centers. This change is aimed at making the distribution process more efficient. The installment amount will remain at 5000 rupees. Furthermore, from May 18th, the BISP web portal will be updated to reflect the total amounts for all regular beneficiaries. Beneficiaries are advised to check their payments using the web portal and ensure they receive the full amount due to them.

New Installment and Payment Methods

For those whose children’s verification process under the Waseela-e-Taleem program has been completed, the children’s installments will also be released alongside the regular payments. This ensures that all eligible children receive their educational stipends without delay. However, it’s important to note that women who have already received their children’s stipends under the Waseela-e-Taleem program will not receive another Waseela-e-Taleem amount this time. Additionally, those who have had their accounts verified through the BISP office and whose PMT score exceeded 32 after the dynamic survey will receive this installment. However, it’s crucial to note that for many, this may be their last installment under the current criteria, as ongoing eligibility will be reassessed. Approximately 1.4 million women who have completed their surveys are still undergoing the verification process. These women will be included in the upcoming installments scheduled to be released from July to September, InshaAllah. This extended timeline allows for thorough verification to ensure that all eligible beneficiaries receive their due support. Women who underwent a dynamic survey but were deemed ineligible can appeal the decision. If their appeal is rejected, they will not be eligible for the next survey until 2026, as surveys are conducted every two years. Therefore, these women need not visit the BISP office repeatedly; instead, they should await the next scheduled survey.

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Policy Changes and Future Payments

Regarding payments via ATMs, beneficiaries should be aware that there will be no need to visit ATMs for the upcoming installment since the ATM service has not been activated for this round of payments. This change is part of an ongoing effort to streamline the payment process and reduce the need for beneficiaries to visit physical locations. Additionally, with respect to the new banking system, it is expected that by the time the next installment is due, all beneficiaries will have their new bank accounts opened. This means that future installments will be directly credited to these new accounts, enhancing convenience and security for all beneficiaries.the BISP is making significant strides in improving the efficiency and reliability of its payment distribution system. These updates aim to ensure that all eligible beneficiaries receive their due support promptly and securely. Stay tuned for more detailed updates and some exciting news. Thank you for your attention.

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