BISP releases installment for last quarter of current fiscal year: DG

Karachi—Director General of Benazir Income Support Programme (BISP), Naeem Anwar has said that the BISP has released the installment to its partner banks for the last quarter of the current financial year 2015-2016.
BISP is the largest social safety net in South Asia under which 5.3 million beneficiary families in all over Pakistan are provided Rs. 4700 per quarter, said Naeem Anwar, in a statement issued here on Wednesday.
He further said that transparency is the hallmark of BISP and last trench of Current Fiscal year have been released to the banks so that this amount may be transferred to the beneficiaries in a transparent manner. Women beneficiaries may withdraw money from any ATM and POS (UBL Omni) machine. BISP provides money to its beneficiaries through five partner banks which include Bank Alfalah, UBL, HBL, Tameer and Summit Bank. However, the beneficiaries may withdraw their money from ATM of any bank, he added.
Naeem Anwar said that the government is trying to give relief to the poorest segment of the society through this programme so that the maximum number of families may become financially independent. The release of this installment in Ramadan and before Eid will provide comfort to the registered families in this sacred month.
He further stated that the women beneficiaries should use their BDC’s themselves and be aware of the fraudulent elements. In case of any problem, beneficiaries may contact their nearby respective BISP tehsil offices or call at toll free number 0800-26477 for registering and resolving their complaints.—APP

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