Benazir Kafaalat Program
Increased Financial Aid its New Goals
At present, BISP Program is providing financial aid of Rs 10,500 to the beneficiaries of on a quarterly basis. And after the increase in the budget of BISP,this financial aid is being increased to 13500 in 2025.In the same way,under the Benazir Kafalat program, around 9 million people from poor and deserving families are benefiting.
The Govt of Pakistan has increase the number to 10 million by next year.The Pakistan government is trying to expand this project so that more and more individual belonging to poor and deserving families can get benefit from it,which is a very good step.
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Increase In Number Of Banks To Provide Kafalat Tranche
Previously, payments of beneficiaries of the Kafalat program on behalf of the Benazir Income Support Program were made through HBLAnd often during this time, those who came to BISP camp sites had to face many difficulties to get money. However, now BISP has increased the list of banks for beneficiaries, keeping this situation in mind. So that the beneficiaries who come to get the money do not have to face any difficulties and they can get their money as soon as possible.
Now the BISP will provide timely payments to the beneficiaries through the following banks.
- Bank Al Falah
- Jazz Cash
- Telenor Microfinance Bank
- HBL
- HBL Microfinance
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Benazir Kafaalat Program New Registration
Besides this,let me tell you that on the special instructions of the President of Pakistan, a new registration of the Kafalat program has been started.people who belong to a poor and needy family and whose financial conditions are unstable should complete their registration process. The registration process has now been made easy, so interested people go to their nearest BISP office and complete their registration.To complete the registration, the people must have an identity card, a children’s B- form, and a registered mobile number.
Also Read:BISP to Begin Fund Disbursement for Quarter Sep-Dec 2024
Final Conclusion
The Benazir Kafaalat program is source of financial support for poorpeople in Pakistan. This program not only helps those people who are facing economic difficulties but also ensures the improvement of their lives by providing other resources through other programs. According to updates, the Govt of Pakistan is trying to expand this program so that more and more people from poor and deserving families can benefit from this program. The increase in the number of banks have made it easier for the beneficiaries to get financial aid.