The Prime Minister of Pakistan, Nawaz Sharif, has announced the launch of the next installment of the Benazir Income Support Program (BISP). 10500. This comes ahead of the 2024 budget, ensuring that all women registered under the BISP sponsorship program are eligible for the new payment. The payment will start on 13 May 2024 and Prime Minister Shahbaz Sharif announced this payment to the BISP team, urging them to issue notifications for the new distribution of BISP.

New update from BISP on New Payment 10500

The Pakistani government has issued a new payment of Rs 10,500 to families registered under the Benazir Income Support Program (BISP). This payment applies to all newly incorporated families and those who have already registered. To receive the financial aid amount, families must check their eligibility and register promptly. The new payment is intended to help families receive the financial aid they need.

Eligibility criteria for the new BISP 10500 plot
1. Register with BISP.
2. PMT score below 30%.
3. No personal matters.
4. Own up to six hectares of land or own a bank
count on your behalf.
5. Monthly income less than 50,000 rupees.

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New Payment System of Pakistan (BISP)

The Prime Minister of Pakistan, Mian Muhammad Shahbaz Sharif, announced the first distribution of the new installment of the BISHOP Kafalat Programme, Rs.10500, before 13 May 2024. Funds are being disbursed ahead of schedule to help families meet their basic needs. To ensure eligibility and receive money from the BISP program, individuals must verify their eligibility and follow the entire procedure from eligibility to receipt of money.

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Who is eligible for the new BISP 10500 plot?

The Government of Pakistan is distributing Rs 10,500 to the underprivileged as part of the latest installment of the BISP sponsorship programme. If you are also impoverished and deserving, you can receive this money. Here is a list of people eligible for the new Ehsaas scheme payment. The following persons are eligible to receive the new BISP payment of Rs.10500:

  • You must register with BISP.
  • The family's PMT score must be less than 30%.
  • You must not do any personal business.
  • You should have up to six acres of land or have a bank account in your name.
  • Your monthly income should be less than Rs 50,000.

If you are one of the people listed above, you can also get the new BISP payment. So make sure you are eligible and register before 13th May 2024 and you can get a cash assistance of Rs 10,500.

Conclusion

After completing registration and eligibility, visit a BISP office in your area to receive a payment of Rs.10500. The representative will check your national identity document. If you qualify and your account is approved, you will be notified and eligible to receive the grant amount through biometric authentication. Once the money is distributed by the Pakistani government, you need to visit your payment centers for biometric verification and receive your financial assistance on time.

Read also: How to Receive Your Benazir Kafalat Payment Rs.10500 (Step by Step Guide)

Frequently asked questions

How do I register for the BISP program?

While the news item mentions that newly joined families are eligible, it does not specify details about the new registrations. You are advised to visit your nearest BISP office for information on enrolling in the program.

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When will the BISP payment be distributed?

The disbursement of the BISP amount will begin on May 13, 2024.

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