Sustainable management of phosphorus (P) is one of the burning issues in agriculture because the reported P losses, when applied in the form of mineral fertilizer, give rise to another issue of water pollution as P is considered one of the limiting nutrients for eutrophication and so results in costly water treatments. In the present study, the enrichment of biochar with mineral P fertilizer was supposed to reduce such losses from the soil. Additionally, P can also be recycled through this technique at the same time as biochar is derived from biomass. Biochar was prepared using wheat straw followed by its enrichment with di-ammonium phosphate (DAP) at the ratio of 1:1 on a w/w basis. The first pot trial for spring maize (cv. Neelam) was conducted using phosphorus-enriched biochar (PEB) at 0% and 1% with different levels of recommended P (0%, 25%, 50%, and 100%). The treatments were arranged factorially under a complete randomized design (CRD) with three replications. After harvesting the spring maize, pots were kept undisturbed, and a second pot trial was conducted for autumn maize in the same pots to assess the residual impact of 1% PEB. In the second pot trial, only inorganic P was applied to respective treatments because the pots contained 1% PEB supplied to spring maize. The results revealed that the application of 1% PEB at P level 50% significantly increased all the recorded plant traits (growth, yield, and physiological and chemical parameters) and some selected properties of post-harvest soil (available P, organic matter, and EC) but not soil pH. In terms of yield, 1% PEB at 50% P significantly increased both the number of grains and 100-grain weight by around 30% and 21% in spring and autumn maize, respectively, as compared to 100% P without PEB. It is therefore recommended that P-enriched biochar should be used to reduce the inorganic P fertilizer inputs; however, its application under field conditions should be assessed in future research.