In a significant development, the Benazir Income Support Programme (BISP) has announced a crucial update regarding the disbursement of payments for the 8500 BISP Kafalat beneficiaries. The Federal Minister for Poverty Alleviation and Social Security, as well as BISP Chairperson Shazia Murri, unveiled a new method for the remittance of BISP program money, impacting the bank timings for the beneficiaries.
BISP New Bank Timing Update Feb 2024
Under the previous system, Benazir Kafaalat beneficiaries could withdraw money around the clock through an ATM. However, when visiting the bank in person, the withdrawal window was limited to 9 am to 2 pm. In a recent update, the working hours for withdrawing money from banks have been extended.
Extended Bank Hours
Now, beneficiaries can withdraw their allotted amount from their respective banks between 9 am to 5 pm. This extension in banking hours aims to provide greater flexibility for beneficiaries, allowing them to access their funds during a broader timeframe.
24-Hour ATM Access
Additionally, the convenience of 24-hour ATM access remains unchanged. Beneficiaries can continue to withdraw their money seamlessly through biometric ATMs, ensuring round-the-clock availability for those who prefer this method.
Cash Center Withdrawals
Moreover, beneficiaries have the option to withdraw their funds from their nearest cash centers. This alternative provides further accessibility, especially for those who may find it more convenient to visit a cash center for their transactions.
The Bank Timing Update for BISP Money Disbursement in February 2024 brings about a positive change, providing beneficiaries with extended banking hours and multiple avenues for accessing their funds. The commitment to biometric verification ensures a secure and accurate disbursement process. As the new method is set to be implemented nationwide, BISP beneficiaries can look forward to a more accessible and efficient payment experience.