Walton Plaza, the largest sales and distribution network of electronics, electrical, and ICT products in Bangladesh, has provided more than Tk 2 crores financial assistance to a total of 800 families on the death of the hire-purchase customers and any member of their family as well.

In addition, the authorities of Walton Plaza also waived the remaining installments of the concerned families, and the amounts of waived installments also cross Tk 2 crores.

The financial assistance was given under the ‘Hire Purchase and Family Protection Policy’ of Walton Plaza.

Under the policy, protection cards are being issued to those customers who purchase products at installment from any Walton Plaza across the country.

Walton Plaza is providing financial assistance, ranging from Tk 50,000 to Tk 300,000 based on the products’ price, to the respective nominee on the death of the buyer during the installment period.

In addition, financial assistance from Tk 25,000 to Tk 150,000 is being given on the death of a family member of the respective buyers. In this case, the unpaid installments are being adjusted from the payable financial assistance, and then the rest of the amount is given to the buyer or his/her family.

Walton Plaza’s Managing Director Mohammad Rayhan said, Walton Plaza’s main goals are to provide quality products and services to customers at affordable prices, and that’s why we initiated the ‘hire purchase and family protection policy. Walton Plaza is the world’s only organization that initiated the ‘hire purchase and family protection policy’ for those customers who buy products in installments. As social responsibilities and duties towards its customers. Walton Plaza has been conducting this policy, from which general customers are greatly benefited.

He said that Walton Plaza’s hire purchase protection cardholders are also getting the best services and special benefits like discounts at various renowned organizations such as hospitals, diagnostic centers, insurance companies, restaurants, etc. across the country.

Walton Plaza is also giving employment to the eligible members from those of the affected families. Walton Plaza gets more and more reputation, and the families are greatly benefiting from this initiative, he added.