BISP Bachat Scheme 2024 | Registration started

Have you also heard about the new launch of the 8171 Benazir Income Support Program?

Then you should register for the BISP Bachat Scheme 2024 which the federal government of Pakistan announced on 25 Nov with Benefits and special conditions for all the beneficiaries of the BISP 8171 ehsaas program.

bisp bachat saving scheme

This post with walk you through all the crucial and valid steps for the new BISP Bachat Scheme and also tell you about the new Eligibility criteria it has presented for all the lucky people therefore, to apply for the latest scheme of the BISP Program to stay connected with our Post.

BISP Bachat Scheme | main objectives 

The BISP Bachat Scheme was recently launched by the government of Pakistan to provide more Beneficial support to the needy and deserving people living a miserable life in a country. This time they have especially focused on the registration of Eligible People who are really in need and for the recipient’s convenience the new Eligibility requirements are also mentioned on this page.

The main perspectives of the BISP Bachat Scheme are: 

  • The BISP Bachat Scheme is launched for all the beneficiaries of the Benazir Income Support Program who are receiving aid under this program.
  • This scheme also accepts those applicant who has informal employment like they are earning very little daily such as people like daily wage workers.
  • Its main purpose is to support the people who are earning very little and running large families on their daily wages.

How you can receive support from the BISP Bcahat program? Step By Step Guide

Follow these steps to be the part of Bisp Savings Scheme: 

  • To take part in the scheme you have to open your bank account.
  • All the applicant who is taking part in the scheme will submit 500 to 1000 rupees in their Bank account every month.
  • All the beneficiaries will receive a 40% extra amount of their saving from the Benazir Income Support Program.
  • The period of this scheme is 2 years, and at the end of this scheme, you can withdraw your complete payment from your Bank account.
  • In this period, you can not withdraw the money you have submitted to the bank as your savings, however, the extra amount that is added to your bank account from the BISP team can be taken out by the beneficiaries.
bisp bachat program assistance

Note: You have the authority to cut off from the scheme whenever you want but once you leave you can not be accepted by the BISP Bachat scheme unless the period of 2 years will be ended.

Regions added in the first Phase of the BISP Bachat Scheme

The BISP Program has launched its new scheme in the following regions, But this is only the first phase more areas will be covered later in this scheme: 

Registration started for BISP Bachat Scheme 2024

As mentioned before this is a very fresh scheme launched by the Benazir Kafalat Program, it is just the start of the Online Registration in the BISP Bachat scheme if you have not yet applied for the new Registration then do your registration now by following a very easy and simple steps given below,

  • The BISP Bachat savings scheme registrations are happening online through a BISP official web page 
  • All you have to do is visit the webpage https://savings.bisp.gov.pk
  • On this website, you need to check your eligibility.
  • Once your eligibility is confirmed you can fill out the form given on that page.
  • After entering all your details including your CNIC Number and all the related info you can now press the Submit button.
BISP Bachat Program for Eligible

All the BISP Savings scheme applications are accepted from today, so if you have not registered for the scheme then do your registration now from the procedure mentioned above.

Eligibility Criteria for BISP Bachat Saving Scheme 

People who are eligible for the BISP Bachat Saving Scheme are:

  • The person must be a resident of Pakistan 
  • The person whose PMT Score is between 10-40 can apply for this scheme.
  • An applicant must not be a government-employed 
  • He must not possess any possession of more than 2 acres of land.

You can easily check your Eligibility By clicking the link given below; 

How to check your eligibility criteria for the BISP Savings scheme 

You can check your Eligibility criteria by the following steps 

  • The BISP website can be found at https://8171ehsaasprogramme.pk/.
  • Select the “Check Eligibility” option.
  • Input your National Identity Card (NIC) number and birth date.
  • Press the “Submit” button.

Conclusion

In Conclusion, the BISP Bachat Scheme 2024 is being introduced specifically for BISP beneficiaries and those in informal work. The initiative permits participants to enhance their financial security while simultaneously awarding them with a 40% bonus on their savings by promoting regular contributions of 500 to 1000 rupees per month over a two-year.

FAQs

How can I check my BISP Payment by CNIC?

Follow the guidelines given below to check your BISP Payment through CNIC.

  • First, go to the Benazir Income Support Program’s official website.
  • You must enter your ID card number, which is 13 digits, and then click the submit button on the form.

How can I check my CNIC details?

  1. First of all, open your Phone message inbox.
  2. Now type in your desired CNIC number and send it to 8171.
  3. You will get an instant reply on your screen.
  4. The details you’ll get will be the CNIC’s owner’s address and the zonal information of their registered CNIC.