BISP 8171 100 to 200 Deduction On Payment Withdrawal

BISP 8171

One of Pakistan’s biggest social welfare programs, the Benazir Income Support Program (BISP 8171), offers millions of worthy women and families nationwide financial support. The program just achieved its goal of creating 10 million new bank accounts. The government’s policy to improve the security, convenience, and transparency of all BISP payments includes this initiative. Customers will undoubtedly wonder how many rupees they will need to pay when they visit the bank to take out their money.

The opening of 10 million bank accounts

The major goal of opening 10 million bank accounts for BISP customers has been accomplished, according to a meeting of the National Assembly Standing Committee on Poverty Alleviation. These accounts are inactive at the moment, but they will begin to activate automatically as soon as the customers receive their payments.

BISP customers will now be able to withdraw their money from any bank, and their accounts will offer all the same features as regular bank accounts, the State Bank Deputy Governor told the committee. Customers will now be able to deposit money and receive remittances from anywhere in the nation, in addition to the ability to withdraw money.

How Much Does Withdrawing Money Cost?

The amount of rupees that customers would need to pay in order to withdraw their money was a significant question that was raised during the meeting. When making a withdrawal, BISP customers will be required to pay bank fees of approximately Rs 100 to Rs 200, according to officials.

The most crucial aspect of this process is that no agent will play any part. Most women used to have to use agents to withdraw their money, which led to deductions or complaints. However, now that they can withdraw their money straight from the bank, this issue will be mostly resolved.

صارفین کو اپنی رقم نکالنے کے لیے کتنے روپے ادا کرنے پڑیں گے یہ ایک اہم سوال تھا جو میٹنگ کے دوران اٹھایا گیا۔ حکام کے مطابق، رقم نکلواتے وقت، بی آئی ایس پی کے صارفین کو تقریباً 100 سے 200 روپے کی بینک فیس ادا کرنے کی ضرورت ہوگی۔

اس عمل کا سب سے اہم پہلو یہ ہے کہ کوئی ایجنٹ کوئی کردار ادا نہیں کرے گا۔ زیادہ تر خواتین کو اپنے پیسے نکلوانے کے لیے ایجنٹوں کا سہارا لینا پڑتا تھا جس کی وجہ سے کٹوتی یا شکایات ہوتی تھیں۔ تاہم، اب جب کہ وہ اپنے پیسے براہ راست بینک سے نکال سکتے ہیں، یہ مسئلہ زیادہ تر حل ہو جائے گا۔

Important Points in Brief

• The goal of creating 10 million bank accounts has been accomplished.
• Bank accounts will now be used to directly assist women.
• Withdrawals will incur bank fees of between Rs 100 and Rs 200.
• No agent will play a part.
• Additionally, there will be the option to deposit funds and receive remittances through accounts.
• It is anticipated that full digital transactions will be introduced within the next six months.

The Prime Minister’s Goal and Next Action

The Prime Minister had set a goal of opening one crore accounts in four months, which has now been accomplished, according to the Secretary of the BISP. In order to provide more convenience for those who deserve it, the next step is to fully activate the digital transactions system within the next six months.

Conclusion

The opening of new BISP bank accounts is anticipated to bring about a significant shift by guaranteeing convenience and transparency. Consumers will be able to take their money out of the bank directly, eliminating the need to rely on an agent. They are offering a secure, transparent, and user-friendly system in exchange for a bank fee of Rs 100 to Rs 200.

Although it can be difficult for women to use digital payments, the government is also moving in this direction. Millions of families will be able to receive financial aid when this system is fully operational in the near future, and issues like corruption and deductions will be resolved.