The Benazir Income Support Program (BISP) has made important changes to its payment system to make it easier for people to get their money without any problems. For many years, payments to BISP beneficiaries were given through a franchise system, but there were many reports of corruption in this method. Because of this, Rubina Khalid, the new Chairperson of BISP, has made a plan to improve the payment system by partnering with six banks in Pakistan. This new approach will help eligible people get their payments safely and without delays.
| BISP Payment Changes | Details |
| Franchise System Abolished | To stop corruption |
| New Payment Method | Direct transfers through banks |
| Partnered Banks | Six new banks |
| Aim | Faster and safer payments |
Table of Content
BISP Ends Franchise System to Fight Corruption
The BISP decided to end its franchise system because it caused many problems. There were complaints from people who said that their payments were being delayed or cut. After receiving so many complaints from both beneficiaries and staff, BISP made the decision to upgrade its payment system. This is meant to stop the corruption that was happening with the franchise method.
Now, with the new system, payments will be made directly through banks. This will make the process easier and more secure for the people who depend on these funds.
Chairperson Rubina Khalid’s Plan for a New System
Rubina Khalid, the Chairperson of BISP, visited several franchise centers without telling anyone and found out about the problems. She learned that many women in the BISP program were facing corruption when receiving their payments. After this, she decided to end the franchise system and partner with six banks in Pakistan.
This new plan will make sure that all payments go directly to the bank accounts of eligible people, which will stop corrupt practices and ensure that everyone gets the correct amount.
Banks Partnered with BISP
To make sure that the payment system works smoothly, BISP has partnered with six well-known banks in Pakistan. These banks will now handle the payment transfers to BISP beneficiaries. The banks that have been selected are:
- Bank Al Falah
- Bank of Punjab
- Mobilink Microfinance Bank
- Telenor Microfinance Bank
- Habib Bank Limited (HBL)
- HBL Microfinance
These banks will make sure that the money reaches the people who need it most, without any delays or deductions.
Complaints from BISP Beneficiaries
Many women who are part of the BISP program reported problems with receiving their payments. They complained about deductions from their payments and the long delays caused by the franchise system. During her visits to the franchise centers, Rubina Khalid listened to these complaints and decided that a change was necessary.
Now, all payments will be made directly to the beneficiaries’ bank accounts, which will help end the corruption and make the process more efficient.
New Registration for BISP Payments
To get payments from BISP, people need to register through the National Socio-Economic Registry (NSER) survey. This survey is done at Tehsil Centers, where BISP teams will check the financial status of the people applying for help. There is no online registration, so anyone claiming otherwise is likely a scammer.
People who score below 30 in the survey will be eligible for financial help through the Benazir Kafalat Program.
Also Read: Kisan Card Distribution Begins in Punjab for 5 Lakh Farmers, Usable From October 15
Conclusion
The decision to end the franchise system is a big step by the Benazir Income Support Program to fight corruption and make the payment process easier. By partnering with six banks, BISP aims to ensure that all eligible beneficiaries get their payments on time and without any deductions. The new system will make payments smoother, safer, and more reliable for the people who need them the most.