SBP Facilitation Framework for Simplifying Financial Assistance to Benazir Income Support Program (BISP) Beneficiaries
To ensure BISP (Benazir Income Support Programme) beneficiaries receive their financial aid directly into their bank accounts, banks and Microfinance Banks (referred to as banks) are instructed to initiate account openings for beneficiaries. Initially, this framework will be piloted in Karachi and Lahore before potentially expanding to other cities. A. Onboarding of BISP Beneficiaries: Banks…
