The BISP Taleemi Wazaif is set up every three months from January to April 2024. Families participating in the Taleemi Wazaif and BISP Kafalat programs often need help withdrawing program funds disbursed by the government and depositing them into their designated bank accounts.

Overview of BISP

As the country's main social security institution, the Benazir Income Support Program (BISP), also known as the National Cash Transfer Program (NCTP), was introduced by the Pakistani government in July 2008. The 2009 global financial crisis further reduced the well-being of already at-risk households, and rapid food price inflation, which pushed food, grain and fuel prices to a 30-year high in 2008, was the main reason for the creation of the BISP .

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Problems using bank ATMs

Many beneficiaries need help using bank ATMs and instead resort to withdrawing cash from stores, where fees are high and often not paid in full. You can withdraw your money in both scenarios, regardless of whether you have a card through the Benazir Income Support Program.

Banks supported by BISP

Three Pakistani banks have entered into contracts with the program, and these banks are operationally sound in all cities and towns of the country. The following bank names are offered:

  • All Bank Alfalah Limited branches have ATMs.
  • Habib Bank Limited (Biometric ATMs available at all branches)
  • AlHabib Bank Limited (providing ATM services)
Withdrawal options for Taleemi Wazaif money
1. Withdrawal of bank ATMs supported by BISP.
2. Withdraw from designated stores with biometric verification.

Problems getting money from ATMs

We have received many complaints from BISP recipients who need assistance in withdrawing cash from bank ATMs. The following are the main concerns:

  • When ATMs are broken or have long lines.
  • Families are left wondering how they will get their money in time.
See also  How to Check Eligibility for BISP Program in 2024 – Complete Details

Conclusion

As we mentioned earlier in our list of bank names, the BISP has registered certain banks. In addition, these banks have provided merchants with devices that enable cash withdrawal through biometric verification for participants in the Educational Wazaif and Ehsaas Kafalat programs. So you can easily get your share from retailers if you have trouble using ATMs to withdraw cash.

Read also: Easy Verification Process for Benazir Kafalat Scheme 2024 – Check your eligibility and documents now.

Frequently asked questions

Which banks are compatible with BISP?

  • All Bank Alfalah Limited branches have ATMs.
  • Habib Bank Limited (Biometric ATMs available at all branches)
  • AlHabib Bank Limited (providing ATM services)

What are the problems with getting paid from ATMs?

  • When ATMs are broken or have long lines.
  • Families are left wondering how they will get their money in time.

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