BISP Savings Account Offers 40% Bonus for Eligible Beneficiaries
The Benazir Income Support Programme (BISP) Savings Scheme is a special plan introduced by the Government of Pakistan. Its main goal is to support low-income families—especially women—by helping them build a habit of saving money and improve their financial stability.
Why Was This Scheme Started?
This scheme was created to:
- Encourage women to start saving regularly.
- Provide a safe and reliable way to grow their money.
- Help families be better prepared for emergencies.
- Give financial strength to poor and vulnerable households.
How Does It Work?
If you join the scheme, you’ll need to save between Rs. 500 and Rs. 1,000 every month for two years. After this period, the government will add a 40% bonus to whatever amount you’ve saved.
📌 Example: If you save Rs. 24,000 in two years, the government will give you Rs. 9,600 more — making your total Rs. 33,600.
💡 Note: You won’t be able to withdraw your money during the two-year saving period. After two years, you can take out both your savings and the bonus together.
Main Highlights of the Scheme
| Category | Information |
|---|---|
| 🚀 Launched By | Government of Pakistan & National Savings |
| 👩 For Whom | Women registered in the BISP Kafalat Program |
| 💵 Monthly Saving | Minimum Rs. 500, Maximum Rs. 1,000 |
| 🎁 Bonus | 40% of total savings after 2 years |
| ⏳ Saving Time | 2 years (fixed) |
| 💰 Withdrawals | Only allowed after 2 years |
| 🌟 Extra Benefit | Bonus for saving regularly without skipping months |
How to Apply for the BISP Savings Scheme
To get started, follow these steps:
- Go to your nearest BISP Tehsil Office or a bank that works with BISP.
- Fill out the Savings Scheme registration form.
- If you don’t already have a savings account, open one.
- Start depositing your money every month using Easypaisa, JazzCash, or a mobile wallet.
- You’ll receive confirmation messages and updates about your savings.
Who Can Join?
You’re eligible if:
- You are already a BISP Kafalat beneficiary.
- You have a valid CNIC (Computerized National Identity Card).
- You are willing to save money every month for two years.
Useful Tips for Participants
- Don’t skip any monthly deposits if you want the full bonus.
- Never share your CNIC or account details with strangers.
- Only trust official BISP offices for information or help.
- You can track your savings and bonus through SMS or a mobile app.
Conclusion
The BISP Savings Scheme is a smart way for low-income families, especially women, to plan for a better financial future. By saving a small amount each month, you can earn a great bonus at the end. This is a secure and government-supported plan that gives you the power to improve your economic situation—step by step.
