KBL, Pakistan Post sign agreement

KARACHI: Khushhali Bank Limited (KBL), a microfinance bank, has signed a Memorandum of Understanding (MoU) with Pakistan Post to provide motorcycles to its employees on easy instalments.
Under the MoU, the motorcycle ownership will be immediately transferred to the employee.
The Motorcycle loan scheme will not only augment the quality of life of Pakistan Post employees but also encompass free of cost insurance coverage in case of death and permanent disability.
President KBL Ghalib Nishtar, on the occasion, said KBL is pleased to announce its relationship with Pakistan Post and hope that this will be the first of many constructive partnerships to be signed under the auspices of the newly agreed memorandum of understanding between KBL and Pakistan Post.
He also thanked Pakistan Post for their understanding, support and commitment to assist the people of Pakistan, especially the employees who belong to the lower strata of the society and stated that with the enhanced assistance from KBL, Pakistan Post would be able to further extend its activities and reach out to more employees in the future.