To ease individuals’ financial challenges in coping with the increasing inflationary pressures, the Pakistani government has introduced an innovative strategy for BISP Cash Withdrawal. This initiative not only boosts the sponsorship amount under AhBESP but also raises the scholarship for young individuals. Let’s explore the details of this fresh payment method that assures prompt cash assistance to those requiring support. For those interested, the BISP Scholarship Program 2023 applications are now open.
New Update and Guide
There is a convenient method for BISP cash withdrawal, accompanied by an increase in the payment amount from 7000 to 9000 in response to the surging inflation. A user-friendly payment approach has been introduced. That is to enhance your experience. Eliminating the need to visit any BISP office or cash center, you can now retrieve your funds seamlessly at the nearest HBL ATM. This article is designed to furnish you with comprehensive details on the process of accessing your funds through an HBL ATM. With BISP cash withdrawal now more accessible, you have the flexibility to withdraw your funds at any time, 24 hours a day, from either an HBL ATM or an HBL Connect shop.
Bisp Cash Withdrawal: New 2024 Methods and Important Updates
As of February 16, 2024, there isn’t a “new” withdrawal method specifically announced for Bisp cash in 2024. However, there are important updates about upcoming changes and the current withdrawal options. Here’s a breakdown:
- Bank Account Option: BISP announced plans to introduce a pilot program allowing beneficiaries to receive payments directly into their chosen bank accounts. This is currently in the pilot stage and hasn’t been rolled out nationwide yet.
- Timeline: The exact dates are unknown, but the official website says it will be “gradually extended to the whole of the country.”
Current Withdrawal Options:
- Designated Payment Centers: This remains the primary method for most beneficiaries. You can withdraw cash at designated centers using your CNIC and payment slip.
- ATM Cards: BISP beneficiaries enrolled in some specific programs (like Benazir Nashonuma) receive ATM cards for cash withdrawals.
- No unofficial methods: Be cautious of any information promoting “new” or “unofficial” withdrawal methods. Stick to official BISP channels for accurate information.
- Stay updated: Check the BISP website (https://bisp.gov.pk/) and social media pages for updates on the bank account pilot program and other changes.
- Contact BISP helpline: If you have questions or concerns, reach out to the BISP helpline at 8128 (toll-free) or +92-21-49211700.
- Beware of scams: Scammers may try to exploit beneficiaries with false information. Always verify information with official sources before taking any action.
- Eligibility: Not all BISP beneficiaries are eligible for all withdrawal methods. Check your specific program details for available options.
- Future developments: BISP is continuously exploring ways to improve payment systems and disbursement methods. Stay informed about upcoming changes through official channels.
Visiting Cash Center
BISP application funds centers are strategically set up in each city, offering the convenience of obtaining your CNIC verification from a dedicated BISP or Ehsaas software consultant. After successfully securing the CNIC, the next procedural stage involves the verification process. Upon the completion of this verification, beneficiaries are then able to collect their assistance amount from the designated representative. Exciting Announcement: Ehsaas Program Unveils New Registration Process
In the following, there is a list of documents that are required for the process.
- Income Certificate
- Family Certificate
- Guarantor from the Family
- Utility Bills (Electricity, Gas, etc.)
ISP Cash Withdrawal at HBL ATMs
The updated BISP cash withdrawal process is remarkably straightforward.
Upon receiving a notification from 8171 confirming your funds, head to your nearest HBL ATM.
Initiate the procedure by pressing the designated button and scanning your thumb. Once scanned, remove your thumb.
Choose your preferred language from the menu, and then opt for either BISP or the BISP ATM card from the main menu.
Input your CNIC number when prompted in the provided space. Your name will subsequently appear on the screen. Place your thumb on the BISP fingerprint device.
A four-button menu will appear on the screen. Opt for the balance inquiry to view your total balance. If you wish to proceed with a transaction, select yes.
Navigate to BISP cash withdrawal or money withdrawal from the subsequent four-option menu.
Specify the amount you intend to withdraw in the provided space.
Confirm your selection by clicking on the appropriate option.
Your cash will be dispensed immediately from the ATM.
Should you encounter any issues, feel free to contact your HBL Bank for assistance.