Introduction: BISP 10500 Payment 15 Groups for Bank Payment Distribution
A third installment in the quarterly part of the Benazir Kafalat program of 10,000 rupees will soon begin. Various banks from diverse districts will manage the distribution of this installment. Here’s a complete description of each group, the corresponding banks, and the districts.
Overview of BISP 10500 Payment Distribution
The third phase of the Benazir Kafalat program’s 3rd phase has been scheduled to begin on July 3rd. It will follow two phases that were close to being completed by the Government of Pakistan. Also, starting on July 15, beneficiaries will be able to get these payments through ATMs that are being restored following a long-term shutdown. The phase will also make installments available for sponsorship programs as well as for the Benazir Taleemi Waziif program.
BISP 10500 Distribution Groups and Banks
The payment will be made via a new system of banking. Below is a listing of the 15 groups and their respective districts and banks:
Detailed Distribution by Groups and Districts
Group 1: Habib Bank Limited (Punjab Districts)
- Districts: Rawalpindi, Murree, Attock, Chakwal, Talagang, Jehlum, Islamabad, Mandi Bahauddin, Narowal, Sialkot, Gujrat, Sargodha, Bhakkar, Khushab
Group 2: Bank Al Falah Limited (AJK, GB, KP & Punjab Mix Districts)
- Districts: Muzaffarabad, Hattian, Jehlum Valley, Neelum, Mirpur, Kotli, Bhimber, Gilgit, Hunza, Nagar, Astore, Shigar, Skardu, Rondu, Abbottabad, Mansehra, Lower Chitral, Upper Chitral, Swat, Batagram, Torghar, Lower Dir, Upper Dir, Haripur, Lower Kohistan, Upper Kohistan, Kolai Palas Kohistan, Sahiwal
Group 3: Bank Al Falah Limited (KP Districts)
- Districts: Peshawar, Charsadda, Mohmand Agency, Khyber Agency, North Waziristan, Lower South Waziristan, Upper South Waziristan, Kurram Agency, Orakzai Agency, Nowshera, Hangu, Swabi, Bajaur
Group 4: Mobilink Microfinance Bank Ltd. (Sindh Districts)
- Districts: Sanghar, Nawabshah/Sh Benazirabad, Mirpurkhas, Tharparkar, Matiari, Umerkot
Group 5: Habib Bank Limited (Mix Districts)
- Districts: Karachi Central, Karachi East, Korangi, Malir, Karachi South, Karachi West, Kemari, Thatta, Awaran, Toba Tek Singh, Mianwali, Multan, Pakpattan, Faisalabad, Gawadar
Group 6: Bank of Punjab (Mix Districts)
- Districts: Jamshoro, Dadu, Qila Saifullah, Qila Abdullah, Chaman, Pishin, Karezat, Tank, Lasbela, Hub, Rahim Yar Khan, Lodhran, Jhang
Group 7: Mobilink Microfinance Bank Ltd. (Mix Districts)
- Districts: Sujawal, Tando Allahyar, Tando Mohammad Khan, Hyderabad, Kharan, Mastung, Chaghai, Nushki, Kachhi, Malakand
Group 8: Bank of Punjab (Mix Districts)
- Districts: Badin, Bannu, Kalat, Sikandarabad Surab, Rahim Yar Khan, Lodhran, Jhang
Group 9: Habib Bank Limited (Mix Districts)
- Districts: Khairpur, Hernai, Ziarat, Sibbi, Lakki Marwat, Okara, Sheikhupura
Group 10: Bank of Punjab (Mix Districts)
- Districts: Jacobabad, Qamabar Shadadkot, Jhal Magsi, Nasirabad, Kohlu, Sohbatpur, Usta Mohammad, Khanewal, D. G. Khan, Taunsa, Chiniot
Group 11: Bank Al Falah Limited (Mix Districts)
- Districts: Kashmore, Lehri, Dera Bugti, Kohlu, Usta Mohammad, Khanewal, D. G. Khan, Taunsa, Chiniot
Group 12: Bank Al Falah Limited (Mix Districts)
- Districts: Larkana, Shikarpur, Barkhan, Loralai, Duki, Sherani, Buner, D. I. Khan, Haveli, Ghizer, Wazirabad, Layyah, Bahawalpur
Group 13: Habib Bank Limited (Mix Districts)
- Districts: Ghotki, Zhob, Musakhel, Kasur, Bahawalnagar, Gujranwala
Group 14: Telenor Microfinance Bank Ltd. (Mix Districts)
- Districts: Sukkur, Khuzdar, Washuk, Kohat, Kech/Turbat, Panjgur, Rajanpur, Poonch, Nankana Sahib, Vehari, Ghanche, Diamir
Group 15: Habib Micro Finance Bank Ltd. (Mix Districts)
- Districts: Naushero Feroze, Shangla, Quetta, Muzaffargarh, Kot Addu, Jampur, Kharmang, Tangir.
The date for the 3rd part of BISP 10500 distribution of payments begins?
This third stage is set to begin on July 3rd.
Do be released together? BISP Kafaalat, as well as Benazir Taleemi Wazaif program installments, be released together?
Yes, each installment will be released at the same time and transferred to beneficiaries’ accounts.
Which banks take part in the distribution of BISP payments?
The distribution includes several banks including Habib Bank Limited, Bank Al Falah Limited, Mobilink Microfinance Bank Ltd., Bank of Punjab, Telenor Microfinance Bank Ltd., and Habib Micro Finance Bank Ltd.
Conclusion
The third stage of the Benazir Kafaalat program guarantees that beneficiaries receive their payments promptly and efficiently using a new banking system. With ATMs restored and a more efficient distribution procedure, the program seeks to bring quick financial assistance to all beneficiaries who qualify. This program is a significant move towards financial inclusion and support for communities that aren’t served. Keep yourself informed and visit the designated bank for your area to warrant an efficient payment process.