BISP 2024 Bachat Savings Scheme for Labours and Eligibles

The BISP Bachat Savings Scheme 2024 represents a novel initiative by the Pakistani government under the Benazir Income Support Programme (BISP). Its primary objective is to instill a culture of savings among eligible individuals, promoting financial stability. This program facilitates accessible and straightforward avenues for qualified citizens to save money.

Specifically designed for those with limited incomes, the BISP Savings Scheme aims to assist them in establishing savings accounts through the Benazir Income Support Program. Applications for this savings program are currently open in various locations, including Islamabad, Muzaffarabad, Neelam, Peshawar, Lucky Marwat, Quetta, Qila Saifullah, Lahore, Multan, Karachi, Sukkur, Gilgit, and Astor. Detailed eligibility criteria and application procedures for the BISP Savings Scheme can be found below, providing an inclusive approach to financial empowerment for individuals in need.

Eligibility Criteria for BISP 2024 Bachat Savings Scheme

• 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 2024 Bachat Savings Scheme

• 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 2024 Bachat Savings Scheme

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

Official Advertisement of BISP 2024 Bachat Savings Scheme