BISP New Payment System: Banks to Handle Payment Disbursement
The Benazir Income Support Program (BISP) is taking a new step in 2025 to ensure smooth and transparent delivery of financial aid to beneficiaries. According to the latest update in September, BISP is hiring multiple banks for payment disbursement across Pakistan. This initiative aims to improve access, reduce payment delays, and provide better service to millions of deserving families under the BISP 8171 program.
بے نظیر انکم سپورٹ پروگرام نے 2025 میں مستحق خاندانوں کو مالی امداد کی بروقت فراہمی کے لیے نئے اقدامات کیے ہیں۔ اس سلسلے میں مختلف بینکوں کو ادائیگیوں کے لیے شامل کیا جا رہا ہے تاکہ عوام کو سہولت مل سکے اور شفافیت برقرار رہے۔ اب مستحق خواتین اور خاندان اپنے قریبی بینک برانچ یا اے ٹی ایم سے باآسانی رقوم حاصل کر سکیں گے۔
Why BISP is Hiring Banks in 2025
Over the years, BISP has faced challenges in distributing payments due to limited channels and overcrowding at payment centers. By involving commercial banks and microfinance institutions, the government aims to:
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Expand payment points across urban and rural areas.
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Ensure faster and transparent disbursement of funds.
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Provide easy access to beneficiaries through ATMs, mobile banking, and branch visits.
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Minimize fraud and unauthorized deductions.
This move is expected to strengthen trust among beneficiaries and ensure that financial support reaches the right hands without unnecessary delays.
Which Banks Will Be Part of the BISP Disbursement System?
Although the official list of banks will be finalized in the coming weeks, reports suggest that major commercial banks, microfinance banks, and digital banking platforms are under consideration. Some of the banks likely to participate include:
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Habib Bank Limited (HBL)
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United Bank Limited (UBL)
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Bank Alfalah
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National Bank of Pakistan (NBP)
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Mobilink Microfinance Bank
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Easypaisa / JazzCash partners
The inclusion of branchless banking services will further help beneficiaries withdraw their stipends without traveling long distances.
How Beneficiaries Can Receive Payments in 2025
Once banks are officially hired, BISP 8171 beneficiaries will have multiple options to withdraw their payments:
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Bank Branches: Visit the nearest branch with your CNIC.
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ATMs: Withdraw cash securely at any time.
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Mobile Wallets: Receive payments directly in mobile accounts.
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Partner Retailers: Collect funds from authorized outlets.
Beneficiaries will be informed via SMS from 8171 about their payment schedule and available withdrawal options.
Benefits of Bank Involvement in BISP
The step of hiring banks brings several advantages for BISP beneficiaries:
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Convenience: No long queues at payment camps.
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Transparency: Direct transfer to avoid cuts.
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Security: Safer withdrawal through biometric verification.
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Accessibility: Wider network including rural areas.
This will particularly benefit women beneficiaries, who often face challenges in reaching distant payment centers.
Government’s Vision Behind the Move
The Government of Pakistan is working to digitize and modernize the social safety net system. By bringing banks into the process, BISP is aligning with the national agenda of financial inclusion and digital transformation. This step also connects beneficiaries to formal banking channels, helping them open accounts and use other financial services.
Conclusion
The decision of BISP hiring banks for payment disbursement in 2025 is a major reform step toward transparency, efficiency, and accessibility. Once implemented, this initiative will make it easier for millions of poor families to receive their payments on time and without hassle. Beneficiaries are advised to stay updated through official BISP 8171 SMS alerts and the program’s website.