In a remarkable feat towards social empowerment, Bank Alfalah, one of the largest commercial banks in Pakistan, is proud to announce the expansion of its partnership with the Benazir Income Support Programme (BISP) for digital social cash transfer to 4.4 million women beneficiaries all over Pakistan over next three years, said a press release.
Introduction to BISP Payment from Bank Alfalah
Bank Alfalah has been a key player in facilitating the Benazir Income Support Programme (BISP) since 2011. With a commitment to uplifting the social and financial empowerment of women, the bank has been entrusted as the single largest Financial Institution to service 4.4mn women beneficiaries, representing 47 percent of total beneficiaries. This guide will help you understand how you can receive your BISP payment through Bank Alfalah.
Also Read: How to get BISP 25000 Taleemi Before Eid?
Why Bank Alfalah for Benazir Kafaalat payment?
Bank Alfalah stands out as a reliable partner due to its:
- Extensive experience in digital social cash transfer programs.
- Cutting-edge bio-metric, geofencing, and other digital security techniques ensure safe transactions.
- Dedication to the mission of BISP is reflected in the disbursal of over PKR 346 billion since 2011.
Steps to Get Your BISP Payment Through Bank Alfalah
Follow these steps to ensure a smooth receipt of your BISP payment through Bank Alfalah:
- Check Eligibility: Ensure you are registered as a Benazir Kafaalat beneficiary.
- Open Bank Alfalah Account: If you don’t have an account with Bank Alfalah, visit your nearest branch to open one. Make sure to bring your CNIC and BISP card.
- Link BISP Account: Provide your BISP details to the bank to link your account.
- Biometric Verification: Complete the biometric verification process at the bank.
- Receive Payment: Once verified, your BISP payments will be directly transferred to your Bank Alfalah account.
Can I receive my BISP payment through any other bank?
Yes, you can receive your BISP payment through other designated banks as well.
What if I face issues with my BISP payment?
Reach out to Bank Alfalah’s customer support for assistance with any payment-related issues.
Participating Banks for BISP Payments
| Bank Name | Services Provided |
|---|---|
| Bank Alfalah | Digital social cash transfers |
| Bank of Punjab | Digital social cash transfers |
| Mobilink Microfinance | Digital social cash transfers |
| Telenor Microfinance | Digital social cash transfers |
| Habib Bank Limited | Digital social cash transfers |
| HBL Microfinance | Digital social cash transfers |
Advantages of Using Bank Alfalah for BISP Payments
- Convenience: Access your BISP payments through Bank Alfalah’s extensive network of branches and ATMs nationwide.
- Security: Benefit from advanced security measures ensuring the safety of your transactions.
- Efficiency: Receive your payments promptly and efficiently through Bank Alfalah’s streamlined processes.
Conclusion
Bank Alfalah’s success in winning the RFP reaffirms its dedication to serving the most vulnerable in society through its partnership with BISP. By leveraging technology and expertise, Bank Alfalah ensures the efficient and secure transfer of BISP payments, contributing to the socio-economic upliftment of communities across Pakistan. If you are a BISP beneficiary, consider opting for Bank Alfalah for seamless and hassle-free receipt of your payments.