BISP 8171 Kafaalat Payment
BISP 8171 Kafaalat Payment. The government of Pakistan has introduced a major change in the Benazir Income Support Program by shifting towards a digital banking system. This step aims to bring more transparency, convenience, and financial inclusion for millions of low-income families across the country.
In a recent meeting of the National Assembly Standing Committee on Poverty Alleviation, chaired by Lam Ali Talpur, important updates were shared about bank accounts, withdrawal charges, and plans for BISP 8171 Kafaalat beneficiaries.
1. One Crore Bank Accounts Opened Under BISP
In line with the Prime Minister’s directive, one crore (10 million) bank accounts have been successfully opened for BISP beneficiaries within just four months.
Currently, these accounts are inactive. However, once a beneficiary withdraws their payment from a bank, the account will automatically be activated and fully functional.
This is a huge milestone towards financial inclusion, giving low-income families better access to banking services.
Union Council BISP Registration 2025 – Complete Guide for Payments and Registration
2. BISP Bank Charges on Withdrawal
One of the major updates is the introduction of bank charges on withdrawals.
- Beneficiaries will now pay Rs 100 to Rs 200 when withdrawing money.
- These charges will be directly deducted by the banks providing the service.
- No third-party agents will be involved, which will reduce corruption and fraud.
Although some people may see these charges as a burden, the benefit is that payments can now be withdrawn from any bank, rather than being limited to specific agents or centers.
3. BISP Accounts Will Work Like Normal Bank Accounts
According to the Deputy Governor of the State Bank, the newly opened BISP bank accounts will function like regular accounts. This means beneficiaries will have access to:
- Cash withdrawal from any bank branch or ATM
- Depositing personal savings
- Receiving remittances from family members anywhere in Pakistan
This change will empower beneficiaries, especially women, by giving them more control, flexibility, and financial independence.
4. Digital Payment Challenges for Women
While digital banking offers many opportunities, women in remote and underdeveloped areas face unique challenges.
- Many women struggle with using ATMs, mobile apps, and digital payment systems.
- Lack of digital literacy and awareness makes it difficult for them to benefit fully.
- The BISP Chairperson has acknowledged this issue and emphasized the need for training and support.
Currently, six banks are working with BISP 8171 Kafaalat Payment, and efforts are being made to connect all banks to a One Link platform, making transactions safer and more convenient.
5. Future Roadmap and Digital Transition
According to the Secretary of BISP, while bank account opening is complete, the next step is to digitize all BISP transactions within the next six months.
This transition will:
- Improve payment efficiency
- Reduce dependency on physical cash
- Promote digital inclusion across Pakistan
Once fully implemented, this system will not only empower BISP users but also strengthen Pakistan’s financial infrastructure.
بی آئی ایس پی کفالت کی رقم نکلوانے پر کتنے چارجز؟
8171 بی آئی ایس پی کفالت صارفین کو رقم نکلوانے پر اب 100 سے 200 روپے بینک فیس ادا کرنی ہوگی۔
- یہ رقم براہ راست بینک کٹے گا۔
- کسی ایجنٹ کا اس عمل میں کوئی کردار نہیں ہوگا۔
- صارفین اپنے اکاؤنٹ سے کسی بھی بینک یا اے ٹی ایم سے رقم نکال سکیں گے۔
- یہ اکاؤنٹس عام بینک اکاؤنٹس کی طرح کام کریں گے اور صارفین اپنی رقم جمع کرانے اور ترسیلات وصول کرنے کے بھی اہل ہوں گے۔
Conclusion
The introduction of digital bank accounts under the BISP 8171 Kafaalat Payment is a game-changing reform. Yes, the Rs 100–200 bank charges may feel like an extra cost, but the advantages of accessibility, flexibility, and transparency far outweigh this. As Pakistan moves towards a digital financial system, it is crucial to address the digital literacy gap, especially among women, so that every beneficiary can make full use of these services. This initiative is not just about payments—it’s about empowerment, inclusion, and building a stronger financial future for Pakistan’s most vulnerable citizens.
Punjab CM Agriculture Internship 2025: 2nd Phase Starts with Monthly Stipend