Payment of IPDC's loan and DPS installments through bKash

From now on, customers of IPDC Finance Ltd will be able to pay installments of a loan through bKash. Very soon, the installment payment of Monthly DPS Savings Scheme through bKash will also be launched.

To provide these services, IPDC Finance, one of the leading loan distribution organizations has signed an agreement with bKash, the largest mobile financial service provider of the country.

Mizanur Rashid, Chief Commercial Officer of bKash and Fahmida Khan, Chief Financial Officer (Acting) of IPDC exchanged the agreement on behalf of their respective organizations at bKash head office. Kamal Qadir, Chief Executive Officer of bKash and Mominul Islam, Managing Director & CEO of IPDC along with other senior officials of both the organizations were present at the event.

Under this agreement, customers will be able to repay the installments of IPDC's book purchase loan, 'Subodh' and other Retail Financing loans.

The easy and secure way of repaying loans anytime from anywhere will ensure timely payment of installments. However, a 1.5% convenience fee will be applicable for the repayment of a loan through bKash.

The payment process of installment requires only a few clicks where the customer needs to choose ‘IPDC Finance Ltd.’ from the ‘Pay Bill’ option of the bKash app. For customer's convenience, USSD channel *247# is also available.

Both the organizations have informed that the installment payment of Monthly DPS Savings Scheme through bKash will be launched very soon.