The payment amount for the BISP Kafaalat programme will increase by Rs 3,000, bringing the total to Rs 13,500 per quarter, up from the previous Rs 10,500.
Launched in 2008, the BISP Kafaalat programme is Pakistan’s largest cash transfer initiative, designed to provide financial support to vulnerable households with both immediate and long-term objectives.
In the short term, the programme aims to shield disadvantaged groups from the effects of inflation, rising food costs, and slow economic growth. Long-term, it seeks to eradicate extreme poverty and empower women, aligning with Pakistan’s commitment to the United Nations’ Sustainable Development Goals (SDGs).
Currently, over 9.3 million families benefit from BISP Kafaalat, and the government plans to extend assistance to 10 million families by next year. Starting January 2025, all registered families under the Benazir Kafaalat programme will receive Rs 13,500 per quarter, demonstrating the government’s dedication to providing relief amid ongoing inflation.
New Banks Added for Withdrawal:
Previously, beneficiaries could only withdraw their payments from Habib Bank Limited (HBL), often facing long wait times. To improve accessibility, the government has expanded the list of participating banks, making it easier for families to collect their payments.
Eligible families can now withdraw their quarterly payments from the following banks:
- Bank Al Falah
- Bank of Punjab
- Mobilink Microfinance (JazzCash)
- Telenor Microfinance Bank
- Habib Bank Limited (HBL)
- HBL Microfinance
