Pakistan’s Prime Minister Nawaz Sharif has announced the release of the next installment of the Benazir Income Support Program (BISP) Rs. 10500. This comes before the 2024 budget, ensuring that all women registered under the BISP sponsorship program are eligible for the new payment. The payment will begin on 13 May 2024, and Prime Minister Shahbaz Sharif has announced this payment to the BISP team, urging them to issue notifications for the new distribution of BISP.
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BISP’s New Update on New Payment 10500
The Pakistani government has issued a new payment of Rs.10500 to families registered in the Benazir Income Support Program (BISP). This payment applies to all recently joined families and those who have already completed their registration. To receive the financial aid amount, families must check their eligibility and register promptly. The new payment is intended to help families receive the necessary financial assistance.
| Eligibility Criteria for BISP New Installment 10500 |
| 1. Register with BISP. |
| 2. PMT score below 30%. |
| 3. No personal business. |
| 4. Own up to six acres of land or have a bank |
| account in your name. |
| 5. Monthly income less than 50,000 rupees. |
Pakistan’s New Payment System (BISP)
Pakistan’s Prime Minister, Mian Muhammad Shahbaz Sharif, has announced the first distribution of the new installment of the BISP Kafalat program, Rs.10500, before 13 May 2024. The funds are being disbursed ahead of schedule to help families meet their basic needs. To ensure eligibility and receive the BISP program money, individuals must verify their eligibility and follow the complete procedure from eligibility to receiving the money.
For whom is the BISP New Installment 10500 eligible?
The Government of Pakistan is distributing Rs 10,500 to the underprivileged as part of the latest payment of the BISP sponsorship program. If you are also impoverished and deserving, you can receive this money. Here is a list of those eligible for the new Ehsaas program payment. The following individuals can receive the new BISP payment of Rs.10500:
- Must register with BISP.
- The family’s PMT score should be under 30%.
- You should not do any personal business.
- You should own up to six acres of land or have a bank account under your name.
- Your monthly income should be less than 50,000 rupees.
If you are one of the people listed above, you can also get the new BISP payment. So, ensure your eligibility and registration by May 13, 2024, and you will be able to receive cash aid of Rs.10500 simply.
Conclusion
After completing registration and eligibility, visit a BISP office in your area to receive a Rs.10500 payment. The representative will check your national identity card. If you qualify and your account is credited, you will be notified and able to receive your grant amount through biometric authentication. Once the Pakistani government distributes the money, you should visit your payment centers for biometric verification and receive your financial assistance on time.
Also Read: How to Receive Your Benazir Kafalat Payment Rs.10500 (Step-by-Step Guide)
FAQs
How do I register for the BISP program?
While the news mentions that recently joined families are eligible, it doesn’t specify details on new registrations. It’s recommended to visit your nearest BISP office for information on enrolling in the program.
When will the BISP payment be distributed?
The disbursement of the BISP amount will begin on May 13, 2024.
