HBFC signs MoU with IGI Life Insurance

KARACHI: MoU Signing Ceremony was recently held between House Building Finance Company (HBFC) and IGI Life Insurance. The MoU was signed by Mr. Faisal Murad, Group Head Business and Operations – HBFC & Mr. Tahir Masaud, Head Business & Operations – IGI Life, in the presence of senior executives of both the organizations.

Through this corporate arrangement, HBFC will facilitate the employees of IGI Life to avail housing finance facility across Pakistan on preferential terms and conditions.

House Building Finance Company Limited (HBFC) is the prime housing finance institution of the country, providing affordable housing solutions to primarily low and middle income groups of population by encouraging new construction in affordable housing sector.

It is anticipated that this collaboration will turn out to be a win : win situation for both the organizations as HBFC’s customer base will further increase & IGI Life will be able to create additional value for its staff by providing them customized housing finance facility through its platform.******