BISP Saving Scheme Account Offering 40% Profit for BISP Beneficiaries
The BISP Saving Scheme is a financial empowerment initiative launched by the Government of Pakistan under the Benazir Income Support Programme (BISP). Its main purpose is to encourage low-income families—especially women—to develop a saving habit, enhance financial inclusion, and ensure a more secure economic future.
Participants are encouraged to deposit an amount between Rs. 500 and Rs. 1,000 each month into their assigned savings accounts over a period of two years. After this period, the Benazir Income Support Programme (BISP) will add a 40% bonus based on the total amount saved. However, the original savings cannot be taken out until the completion of the two years. Once the two years are over, both the saved amount and the bonus can be fully withdrawn.
Objectives of the Scheme
- Promote financial literacy and savings culture among BISP beneficiaries.
- Help women build emergency funds to support themselves and their families.
- Provide secure investment options with returns higher than typical savings accounts.
- Enable financial empowerment of vulnerable segments, especially women.
Key Features of the BISP Saving Scheme
| Feature | Description |
|---|---|
| 📍 Launched By | Government of Pakistan in collaboration with National Savings Pakistan |
| 👩👧👦 Target Group | Women enrolled in BISP (Kafalat beneficiaries) |
| 💰 Monthly Contribution | Minimum Rs. 500 to maximum Rs. 1,000 per month |
| 📈 Profit Rate | Up to 40% profit per year (on total savings) |
| ⌛ Duration | Initial saving period of 2 years |
| 💳 Withdrawals | After 2 years with full profit |
| 📊 Bonus Incentive | Additional bonuses for regular contributors |
How to Register?
Step-by-Step Registration:
- Visit nearest BISP Tehsil Office or BISP partner bank.
- Fill out the Saving Scheme Enrollment Form.
- Open a savings account if you don’t have one.
- Start monthly contributions via mobile wallet, Easypaisa, or JazzCash.
- Receive confirmation and periodic saving reports.
Eligibility Criteria
- Must be a registered BISP Kafalat beneficiary.
- Should have a valid CNIC.
- Must commit to regular monthly saving for 2 years.
Important Tips for Beneficiaries
- Save regularly for maximum profit returns.
- Never share your CNIC or account details with strangers.
- Visit the nearest BISP center for verified information.
- Check balance and saving status via SMS or mobile app
