BISP Bachat Savings Scheme 2024 for Labours and Eligibles

The BISP Bachat Savings Scheme 2024 is a new idea from the Pakistan government as part of the Benazir Income Support Programme (BISP). It’s meant to encourage people who qualify to save money and be financially secure. This program makes it simple for eligible citizens to save money by providing an easy and accessible way to do so.

The government started the BISP Savings Scheme specifically for people with lower incomes. The main goal is to help them open savings accounts and save money through the Benazir Income Support Program.

The BISP (Benazir Income Support Program) is now taking applications for a savings program. This initiative is starting in various places like Islamabad, Muzaffarabad, Neelam, Peshawar, Lucky Marwat, Quetta, Qila Saifullah, Lahore, Multan, Karachi, Sukkur, Gilgit, and Astor. Eligibility Criteria and methods to apply for this BISP Savings Scheme are mentioned below.

Eligibility Criteria for BISP Bachat Savings Scheme 2024

• Individual having PMT score between 0 to 40 are only eligible.
• Must have valid CNIC.
• Should must belongs from Islamabad, Muzaffarabad, Neelam, Peshawar, Lucky Marwat, Quetta, Qila Saifullah, Lahore, Multan, Karachi, Sukkur, Gilgit, and Astor districts.
• Existing beneficiaries of the BISP Program, informal employees and daily wage laborers are eligible.

Conditions to apply in BISP Bachat Saving Scheme 2024

• To join the BISP Bachat Saving Scheme, you need to open a savings account in the bank.
• With this scheme, you can put in 500 to 1000 rupees into your account every month.
• The Benazir Income Support Programme Bachat Saving Scheme adds 40% more to your savings.
• This savings plan lasts for 2 years, and at the end of that period, you get back all the money you saved.
• You can’t take out any money during these 2 years. The contributions and interest added by BISP will be taken from the bank.
• You can exit the scheme at any time, you won’t be able to join again.

How to apply for BISP Bachat Savings Scheme 2024

 Interested candidates can apply online at Benazir Income Support Programme (BISP) website at www.savings.bisp.gov.pk.

Official Advertisement of BISP Bachat Savings Scheme 2024