Benazir Kafalat Program Stipend Increase
The Government of Pakistan has announced a significant increase in the stipend provided under the Benazir Kafalat Program.
Increased Annual Stipend
Starting from 2024, the annual stipend amount has been raised to Rs. 10,500, up from the previous amount of Rs. 7,500. This increase aims to enhance financial support for eligible beneficiaries across the country, providing them with greater financial stability.
March 2024 Installment Details
In March 2024, beneficiaries of the Benazir Kafalat Program can expect their stipend installment.
Updated Payment Amount
The installment now increased to Rs. 10,500 per year, represents continued government support for low-income families. This half-monthly stipend is crucial for many households and ensures regular income support.
Collection Process and Payment Options
Benazir Kafalat Card Usage:
Beneficiaries have two main options for collecting their payments:
- ATM Withdrawal: Payments can be collected through designated banks such as HBL Bank or Bank Alfalah via ATMs. Beneficiaries simply need to use their Benazir Kafalat Card at these ATMs to withdraw their stipend.
- Cash Points: Alternatively, beneficiaries can visit Cash Points established under the Benazir Kafalat Program. Here, they undergo biometric verification to receive their cash directly, ensuring security and convenience.
Educational Scholarship Update
In addition to the stipend increase, educational scholarships for children under the program have also been disbursed.
Scholarship Amounts by Education Level
- Primary Education: Children studying at the primary level are eligible for a scholarship of Rs. 25,000 per year.
- Secondary Education (up to Matriculation): Students at the secondary level receive Rs. 50,000 annually to support their educational expenses.
- Intermediate (First and Second Year): For students pursuing intermediate education, a scholarship of Rs. 50,000 per year is provided.
Additional Benefits
Beneficiaries whose children have completed primary education may also be eligible for an additional Rs. 3,000 bonus, aimed at encouraging continued education attainment at the primary level.
Conclusion
The timely release of the March 2024 installment ensures that beneficiaries receive their support without delay. By providing detailed information on payment options and educational scholarships, the Benazir Kafalat Program continues to play a crucial role in enhancing social welfare and promoting education across Pakistan.
Frequently Asked Questions (FAQs):
1. How much has the stipend increased under the Benazir Kafalat Program for 2024?
The stipend under the Benazir Kafalat Program has been increased to Rs. 10,500 per year starting from 2024, up from the previous amount.
2. When will beneficiaries receive their March 2024 installment?
Beneficiaries can expect to receive their March 2024 installment within the month. It is advisable to collect the stipend before the end of March to avoid delays.
3. What are the options for collecting payments under the Benazir Kafalat Program?
Beneficiaries can collect their payments through two main methods:
- Using their Benazir Kafalat Card at designated bank ATMs like HBL Bank or Bank Alfalah.
- Visiting Cash Points are established under the program for biometric verification and cash collection.
4. What educational scholarships are available under the program?
Educational scholarships are provided to support children’s education:
- Primary level: Rs. 25,000 per year
- Secondary level (up to Matriculation): Rs. 50,000 per year
- Intermediate (First and Second Year): Rs. 50,000 per year
5. Are there any additional benefits under the Benazir Kafalat Program?
Yes, children who complete primary education may qualify for an additional Rs. 3,000 bonus, highlighting the program’s support for education attainment at the grassroots level.
Stay Updated with the Benazir Kafalat Program Payment Increase!
The Government of Pakistan has recently announced an increase in the Benazir Kafalat Program stipend, now raised to Rs. 10,500 per year starting from 2024. This initiative aims to provide enhanced financial assistance to eligible beneficiaries across the country. If you’re a beneficiary, it’s crucial to stay informed about the March 2024 installment and how to collect your payment promptly.
For detailed information on the payment process and educational scholarships provided under the program, visit Ehsaas News. This platform offers comprehensive updates and insights into the latest developments of the Benazir Kafalat Program, ensuring that you receive the support you need without delay.
Don’t miss out on this opportunity to secure your financial stability and support your children’s education through this valuable government initiative. Stay connected and informed with Ehsaas News for all the latest updates!
Must check:
Our website 8171ehsaasnews.com.pk provides you only information Related to BISP and NADRA from Official websites 8171.bisp.gov.pk and www.nadra.gov.pk For more info please visit our official Websites.
