Benazir Kafalat Quarterly Payment Increased
The Benazir Kafalat Program stands as Pakistan’s largest cash transfer initiative aimed at providing financial support to poor and deserving women. With both short- and long-term goals in mind, this initiative protects women from the adverse effects of rising inflation and empowers them to help eradicate poverty. Recently, BISP Chairperson Senator Rubina Khalid announced a notable increase in the quarterly stipend under this program. Below is a detailed breakdown of the stipend increase, new registration process, and significant program updates.
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How Much Have Quarterly Payments Increased?
If you’re wondering about the payment increase under the Kafalat Program, here’s the answer. On the special instructions of BISP Chairperson Senator Rubina Khalid, the quarterly stipend has been increased by Rs. 3,000. Previously set at Rs. 10,500, eligible beneficiaries will now receive Rs. 13,500 starting from the January 2025 installment. Many women have expressed concerns that their December installment is still Rs. 10,500. To clarify, the updated payment will only apply to installments issued from January onwards. Eligible women are encouraged to ensure their registrations are complete to benefit from this increase.
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Benazir Kafalat Program: New Registration Update
In response to rising inflation and poverty, BISP has initiated a new registration drive to expand the program’s reach. Women living below the poverty line, with a household income of less than Rs. 50,000 per month, can now register for this financial assistance.
Steps to Complete Registration
- Visit your nearest BISP office with your original CNIC.
- Provide a mobile number registered in your name.
- Registration must be completed in person, as no online registration is available. These new measures aim to ensure that deserving families can access financial support without unnecessary hurdles.
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New Banks Added for Payment Withdrawals
To streamline the payment process, BISP has expanded its list of participating banks. Previously, beneficiaries could only withdraw their stipends through Habib Bank Limited (HBL), which caused long wait times. Now, women can access their quarterly payments through multiple banks, including:
- HBL
- Bank Alfalah
- Bank of Punjab
- Mobilink Microfinance Bank (JazzCash)
- Telenor Microfinance Bank
This expansion ensures quicker and easier access to financial assistance, reducing delays and hardships faced by beneficiaries.
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Program’s Impact on Women and Families
The Benazir Kafalat Program not only provides critical financial relief but also empowers women by enabling them to contribute to poverty alleviation. The recent payment increase is expected to have a profound impact on families struggling with economic challenges. Eligible women are urged to complete their registrations and take advantage of these enhanced benefits.
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FAQs About the Benazir Kafalat Program
Who is eligible for the program?
Women living below the poverty line with a household income of less than Rs. 50,000 per month can apply.
What is the updated quarterly payment?
The stipend has been increased to Rs. 13,500 per quarter, effective from January 2025.
Where can I register for the program?
You can register at the nearest BISP office by providing your CNIC and registered mobile number.
Are online registrations available?
No, the registration process can only be completed in person at BISP offices.
Conclusion
The Benazir Kafalat Program continues to uplift millions of deserving families in Pakistan by providing financial assistance and empowering women to overcome poverty. With the announced increase in quarterly payments and expanded registration opportunities, the program is set to make an even greater impact. If you haven’t registered yet, visit your nearest BISP office today to complete the process and secure these benefits.
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