BISP Confirms 12,500 PKR Installment for New Registrants (October-December 2024)

BISP Confirms 12,500 PKR Installment for New Registrants (October-December 2024)

The Benazir Income Support Program (BISP) has announced that new registrants will receive an installment of 12,500 PKR for the period from October to December 2024. This payment is aimed at providing financial relief to families who have recently registered for the program. If you have signed up during the current survey period and have not yet received your payments, your turn is expected to come soon. In this article, we will explore the key details, eligibility criteria, and important steps to ensure that you receive your payment.

Key Details of the BISP Installments

The BISP program has confirmed that new registrants will receive 12,500 PKR as their installment for the last quarter of 2024. This payment is part of the government’s ongoing efforts to support low-income families and provide them with financial assistance. The installment is scheduled to be disbursed to those who have completed the required registration and surveys.

The program specifically targets families who have recently enrolled, ensuring that they receive the financial help they need to manage their household expenses. This installment is one of the several measures taken by BISP to help alleviate poverty and improve the living standards of vulnerable communities across Pakistan.

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Eligibility Criteria for the Installment

To qualify for the 12,500 PKR installment, new registrants must have completed their registration in 2023 or 2024. Those who received a message from the 8171 helpline confirming their registration are also eligible. Additionally, if you completed your survey before 2021, you must redo the survey by December 30th, 2024, to remain eligible for future payments.

Eligibility details:

  • Registered in 2023 or 2024.
  • Received confirmation from the 8171 helpline.
  • Completed any required surveys.

For those who received payments from April to June 2024, it is crucial to complete a new survey to ensure continued eligibility. The program is making efforts to update its records and ensure that only those who meet the criteria continue to receive financial assistance.

Resurvey Requirement and Potential Increase

BISP has introduced a resurvey requirement for those who completed their registration before 2021. This survey must be completed by December 30th, 2024, to maintain eligibility for future payments. The survey is necessary to verify that beneficiaries still qualify for the program based on their current financial situation.

In addition to this, there is a possibility that the installment amount may increase from 10,500 PKR to 12,500 PKR. This potential increase reflects the government’s commitment to providing more substantial support to those in need, particularly in the face of rising living costs.

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Reasons for Ineligibility

There are several reasons why a registrant might be deemed ineligible for the BISP payments. One of the main reasons for this is an improvement in the Poverty Management Test (PMT) score, which might indicate that the household no longer qualifies as low-income. Other reasons include providing false information, committing fraud, or filing a tax return with your CNIC, which might disqualify you from receiving BISP payments.

Ineligibility Factors:

  • Improved PMT score.
  • Providing false information or committing fraud.
  • Filing a tax return with the CNIC used for BISP registration.

It is essential for registrants to ensure that all information provided during registration and surveys is accurate and truthful. Any discrepancies or fraudulent activities can lead to disqualification from the program.

Next Survey and Future Steps

BISP has announced that the next survey will take place in 2026. This survey will focus on identifying households that no longer meet the eligibility criteria and updating the program’s database. It is crucial for beneficiaries to stay informed about the survey schedule and ensure that they complete any necessary steps to remain eligible.

For those who are currently eligible, it is important to keep track of any communications from BISP and complete any required actions, such as the resurvey, to continue receiving payments. The program’s focus on regular updates and surveys is part of its efforts to ensure that financial assistance reaches those who genuinely need it.

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Conclusion

The Benazir Income Support Program remains a critical lifeline for millions of families across Pakistan. By providing regular financial assistance, BISP helps alleviate the financial burden on low-income households. It is important for beneficiaries to stay informed, meet all eligibility requirements, and complete any necessary surveys to ensure that they continue to receive this vital support. As the program evolves, it continues to play a crucial role in the government’s broader strategy to support vulnerable communities and reduce poverty.

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