bkash introduces microfinance loans

Leading mobile financial service provider bKash has introduced payment system for microfinance loans and savings installments to ease the daily life of its customers.

bkash in a media release today said that over 2 million customers of the  country's top 32 NGOs get the opportunity to easily make installment payments  through bKash's microfinance payment service.

Moreover, customers can enjoy a cashback of Taka 20 on their first  installment payment through bKash. They can avail of this offer only once during the campaign period till 31 October 2024.

Customers of Bangladesh's top 32 NGOs, including BRAC, BURO Bangladesh,  UDDIPAN, Shakti Foundation, Padakhep, Society for Social Service (SSS), CDIP,  are now receiving instant digital passbooks and receipts upon making  installment payments through bKash, said the release.

These digital documents provide customers with real-time updates on their  transactions.

Now, the microfinance customers can pay loan installments and deposit savings  in a few simple steps by tapping the "microfinance" button from the bKash app  or by dialing USSD code *247#.