The Government of Pakistan has introduced the BISP Savings Programme, a new initiative under the Benazir Income Support Programme, to help poor people. By enrolling in the program, people can receive monthly financial assistance, with a 40% increase after two years. This can be done through a savings account, where individuals can deposit their money and receive a 40% increase after two years. To benefit from this program, individuals must first apply for registration. More details on how to benefit and register can be found in this article.

Online BISP Savings Plan Application

The Benazir Income Support Programme, under the patronage of Benazir, is accepting applications from citizens and non-residents in major cities such as Islamabad, Multan, Lahore and Karachi. The government promises to start the program soon for all Pakistanis. Citizens and non-residents can deposit money in the BISHOP Savings Scheme, which will be returned after two years with an increase of 40%. There is no application fee and applicants can apply at the Benazir Income Support Program office. If you have any problem, you can contact the helpline. The program is expected to be available soon for all Pakistani citizens.

aspect Details
Name of the program BISP savings program
purpose Help poor people by providing monthly financial assistance
Application process Check eligibility online, submit application at tehsil office, open bank account
benefits Monthly deposits, 40% increase after two years, capital withdrawal option after term

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Portal for BISP Bachat Scheme

If you want to apply through the online portal, you can do so easily by following the few steps given below.

  • First, you need to enter your CNIC on the official website.
  • As soon as you enter your CNIC number, you need to press the confirm button
  • You will receive a message on the screen indicating whether you are registered for the program.
  • If your ID is not available, you will be informed.
  • To complete your interactive survey,
  • visit your nearest tehsil office and register.

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Crucial Instruction

  • To participate in this program,
  • you must first open a savings account at a bank.
  • Each month, participants in this program would receive between Rs 500 and Rs 1,000 in deposits into their bank accounts.
  • Customers who enroll in the Benazir Income Support Program will receive an additional 40% of their savings.
  • The plan lasts for two years, after which you can withdraw the entire investment amount.
  • During these two years, you will not be able to withdraw your principal.
  • On the other hand, bank profits and BISP shares could be withdrawn.
  • You may leave the program at any time for this program.
  • but you won't be able to join again until it's finished.

Conclusion

In conclusion, the BISP Savings Program, which is part of the Benazir Income Support Program, aims to help financially disadvantaged people by providing monthly financial assistance. With simple application steps, including online registration and depositing money into a savings account, participants can benefit from a 40% increase after two years. This initiative promises support and financial stability for those in need.

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Frequently asked questions

What is the BISP savings program introduced by the Pakistani government?

The BISP Savings Program is a new initiative under the Benazir Income Support Program aimed at helping poor people by providing monthly financial assistance. Participants can deposit money into a savings account and receive a 40% increase after two years.

How can individuals apply for the BISP Savings Plan?

People can apply for BISP Savings Plan by visiting Benazir Income Support Program office in major cities like Islamabad, Multan, Lahore and Karachi. They can deposit money into the scheme, which will be returned with a 40% increase after two years. Online applications are also available on the official website.

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