BISP New Scheme 

Big News: BISP New Scheme 2024 – Rs 40,000 Assistance for Married Women

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BISP New Scheme 

The Benazir Income Support Programme (BISP) has introduced a new initiative called the BISP Savings Scheme. This program aims to encourage financial inclusion and savings, especially among low-income families, with a focus on women. Launched in a pilot phase in December 2023, the scheme is currently open to residents in 11 districts.

Latest Update

In addition to the savings scheme, BISP has announced a new assistance program for registered families, providing aid up to Rs. 40,000. This assistance is designed to become a source of income for eligible individuals. To be eligible, individuals must register for the scheme, and the assistance is granted based on certain criteria.

Eligibility Criteria

  1. Dynamic Survey: Applicants should have undergone a dynamic survey.
  2. Poverty Score: The poverty score should be less than 40.

BISP New Scheme 2024 Details

Savings Scheme:

  • Open to registration across the country.
  • Eligibility for the Benazir Kafalat program is not necessary.
  • Dynamic survey and poverty score below 40 are required.

Assistance for Small Businesses:

  • Training initiated for eligible fishers in specific districts.
  • Training includes business start-up guidance.
  • Assistance amount: Up to Rs. 40,000.
  • Eligibility tied to Benazir Kafalat Program with a poverty score below 32.

Repayment:

  • Amount given will be returned in interest-free installments.
  • Beneficiaries return a portion of the profit to BISP.
  • The repayment process continues, contributing to sustained income.

BISP Registration Status Check

1. SMS Method:

  • Type your 14-digit CNIC number in a text message.
  • Send it to 8171.
  • Receive a reply with eligibility status and registration details.

2. Online Portal:

  • Visit the official BISP website.
  • Click on the “8171 Web Portal” button.
  • Enter CNIC number and security code.
  • Click “Submit” to view eligibility status and registration details.

Important Notes:

  • The SMS service and online portal are for BISP, not other Ehsaas programs.
  • For BISP Savings Scheme, use the dedicated Savings Scheme portal.
  • Check specific websites or helplines for other Ehsaas programs.
  • Enter CNIC number without spaces or dashes.

FAQs

  1. Who is eligible for the BISP Savings Scheme?
    • The savings scheme is open to all residents across the country, irrespective of Benazir Kafalat program enrollment.
  2. What is the eligibility criteria for the Assistance for Small Businesses scheme?
    • Eligibility is tied to the Benazir Kafalat Program, requiring a poverty score below 32.
  3. How is the assistance amount repaid?
    • The amount is returned in interest-free installments, with beneficiaries contributing a portion of the profit to BISP.
  4. Can individuals not enrolled in the Benazir Kafalat Program apply for assistance?
    • Yes, individuals can register for the savings scheme without needing to enroll in the Benazir Kafalat Program.

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