IPDC relaunches its 'Manobota' deposit scheme
IPDC Finance Limited has relaunched IPDC Manobota Deposit for the second time since the last lockdown in April 2020.
Under this campaign, depositors will be able to contribute a significant portion of their investment to help people in need, said a press release issued by IPDC on Thursday.
The deposit product allows people to save money and at the same time provide food among underprivileged people against the deposited amount during the Covid-19 pandemic.
For every five-lakh taka deposited in an IPDC Manobota account, an impoverished family will be provided with food for an entire month by the joint contribution of the depositor and IPDC, the release said.
The minimum amount of deposit is BDT 5 lakh and the minimum time period is 6 months.
IPDC has partnered with organizations such as Jaago Foundation, Amal Foundation, and many other organizations to facilitate the delivery of the food to the deprived.
In this regard, Managing Director and Chief Executive Officer of IPDC Finance Mominul Islam said, "IPDC's pledge to support the underprivileged remains stronger than ever. We as a nation cannot rise out of this crisis without pulling up our community with us, so we humbly request for everyone to come forward and support us in this fight to help the nation."