BISP Savings Bachat Scheme 2024 Online Registration (Full Guide)

BISP Savings Bachat Scheme

Benazir Income Support Program officials have introduce the BISP Savings Bachat Scheme. According to this scheme beneficiaries will save Rs 500 to Rs 1000 of BISP payments in saving their accounts for two years. And the BISP will provide 40% gross savings to customers every quarter on there savings. Hence, through this method the BISP beneficiaries and save there money in saving account for later use.

BISP Bachat Scheme or BISP Savings Scheme is the newly launched program for the BISP beneficiaries and the laborers working at daily wages. The government of Pakistan advises women who receive BISP payment to register in this scheme and make a new savings account in bank. After that save small amount of money from installment into that saving account. From this money, save 500 to 1000 rupees on each installment so that this saving can be useful for you in difficult times.

To participate in the scheme you need to open a savings account in the bank. Your money will be save in this account. This scheme has been started in all major cities of Pakistan. Many women have created their own bank account and register in this BISP Bachat Scheme.

BISP Savings Bachat Scheme Details

1. To participate in the scheme you need to open a savings account in the bank.
2. People who participate in the scheme will deposit money from 500 to 1000 rupees monthly in their bank account.
3. Consumers will get an additional 40% of their savings from the BISP Program.
4. The duration of the scheme is two years at the end of which you will be able to withdraw your entire amount.
5. You cannot withdraw your principal amount during this two year period.
6. You can withdraw from the scheme at any time but it will not be possible to re-join until the end of the scheme.
7. The website for registration https://savings.bisp.gov.pk/

Required Documents for BISP Bachat Scheme

You must have a savings bank account. National identity card, family certificate, income tax return, further registration process will be complete at BISP office.

• CNIC
• Utility Bills
• BISP Registration SLIP

See: E Hunar Program

BISP Savings Scheme Registration Process

To enroll in BISP Savings Scheme, these steps must be followed so that the registration is completed quickly.

1. Visit BISP website.
2. Enter your National Identity Card number.
3. However, after entering your National Identity Card on the online website, it will be checked that you are registered in the BISP scheme.
4. Further registration process will be complete in Benazir office, you also have to visit the nearest center.

Eligibility Criteria for the BISP Savings Scheme

Must meet the eligibility criteria prescribed by the Government of Pakistan. So you can join this program the eligibility criteria are present below:

• Must belong to areas given by Govt.
• You receive financial aid from the BISP program.
• BISP program should have a saving account in select banks.

بی۔آئ۔ایس۔پی بچت سکیم کی مکمل جانکاری دیکھیں

اس اسکیم میں حصہ لینے کے لیے آپ کو بینک میں سیونگ اکاؤنٹ کھولنا ہوگا۔ اس اسکیم میں حصہ لینے والے افراد اپنے بینک اکاؤنٹ میں بے نظیر پروگرام سے 500 سے 1000 روپے تک رقم جمع کریں گے۔ بینظیر انکم سپورٹ پروگرام سے صارفین کو اپنی بچت کا 40% اضافی حصہ ملے گا۔ اس اسکیم کی مدت دو سال ہے جس کے اختتام پر آپ اپنی پوری رقم نکال سکیں گے۔ آپ اس دو سال کی مدت کے دوران اپنی اصل رقم واپس نہیں لے سکتے۔

اگر آپ اس اسکیم کو درمیان میں ختم کرتے ہیں تو پھر بی آئی ایس پی کی طرف سے دی گئ اضافی رقم اور دیا گیا سود بینک سے واپس لے لیا جائے گا۔ آپ کسی بھی وقت اسکیم سے دستبردار ہوسکتے ہیں لیکن اسکیم کے اختتام تک دوبارہ شامل ہونا ممکن نہیں ہوگا۔ اس معیار کو اور تمام شرائط کو پورا کرنا ضروری ہے. یاد رکھیں! اگر آپ بچت اکاؤنٹ نہیں بنوانا چاہتے تو کوئی زور زبردستی نہیں کی جاۓ گی یہ فیصلہ آپ کا ہو گا.

See: BISP Beneficiaries Survey Eligibility Payments

Conclusion

The motto of the BISP Savings Bachat Scheme is to is to help the poor people who get money through Benazir Income Support Scheme. You have to save PKR 500 to PKR 1000 of BISP payment into your saving account so that you can withdraw your money after 2 years. After the tenure ends you will get more payment from saving account as compared to you saved.

As much money as you keep in your savings account, you will get the profit every month and you can withdraw the profit every month. Get additional details from here.

What is BISP Savings Bachat Scheme?

Benazir Income Support Program is giving a option to save Rs 500 to Rs 1000 of every BISP installment into your savings account. This scheme is known as BISP Savings Bachat Scheme. Tenure of this scheme is 2 years and after this time you will get your savings along with 40% profit.

How much profit BISP Bachat Scheme provides?

BISP Bachat Scheme provides 40% profit to register beneficiaries. Hence, on all new installments the beneficiaries will get 40% profit if they are register in this scheme.

What is the tenure of BISP Savings Scheme?

BISP Savings Scheme tenure is 2 years. Hence, you have to keep 500 to 1000 from each installment for 2 year duration.