Business

IPDC, Go Zayaan bring travel loan without credit card


Published : 29 Feb 2020 08:29 PM | Updated : 06 Sep 2020 01:51 PM

IPDC Finance Limited, the first ever private sector financial institution in Bangladesh, has recently signed a Memorandum of Understanding (MoU) with Go Zayaan, a fastest growing online one-stop travel solution. The MoU was signed at IPDC head office at Gulshan. Md. Kyser Hamid, DMD and Head of Retail Business of IPDC and Ridwan Hafiz, Founder & CEO of Go Zayaan signed the MoU on behalf of the respective organisation.

For the first ever time, now Bangladeshi people can avail a travel loan at 0% interest without even any credit card with IPDC’s newest addition - consumer white goods financing product called IPDC EZ.  Under the MoU, IPDC will provide up to BDT 200,000 travel loan to a person purchasing travel products like air ticket, hotel and travel package from Go Zayaan. The amount can be repaid with an EMI facility up to 18 months with 0% Interest Rate up to 6 months without any credit card.

A salaried person with a net monthly income BDT 20,000 can avail the service by applying online at Go Zayaan’s website. With the assigned accredit limit the person can purchase any travel offer from Go Zayaan.

Mominul Islam, Managing Director and CEO of IPDC was also present in the signing ceremony and said, “IPDC with a vision to be the most passionate financial institution of the country runs on the philosophy of living unbound. Travel is growing trend amongst the youth and we believe, money should not be an excuse not to celebrate such passion.

Ridwan Hafiz Founder & CEO of Go Zayaan said, “We are always on the lookout for exciting packages and offers for our passionate travellers. But this time, we are fortunate to connect with IPDC and bring an exclusive way of EMI payment credit cards. This will definitely boost the passion of travelling among youth”.