Financing Scheme Launch by KMBL & PTCL for PTCL Employees


Financing Scheme Launch for PTCL Employees by KMBL & PTCL (Details)

Pakistan Telecommunication Limited (PTCL) is the national telecommunication company in Pakistan. PTCL provides telephone and internet services across the country and it is also the backbone for the country’s telecommunication infrastructure. Khushhali Microfinance Bank Limited is a part of the Government of Islamic Republic of Pakistan’s. Pakistan Telecommunication Limited (PTCL) and Khushhali Microfinance Bank Limited (KMBL) launch a Financing Scheme for the PTCL employees.

The KMBL headquarters is in Islamabad and KMBL operates under the supervision of the State Bank of Pakistan (SBP). This bank is also included in leading commercial bankers, fund managers and microfinance experts from across the globe.

Khushhali Microfinance Bank is a leading financial bank in Pakistan strongly collaborated with organizations as Pakistan Post Pakistan Tele Vision (PTV) Peshawar & Lahore and Provincial Housing Authority in Khyber Pakhtunkhwa.

Details of Financing Scheme by KMBL & PTCL for PTCL Employees

This memorandum of understanding (MoU) agreement was signed by Sadia Mansoor the General Manager, HR Operations PTCL and Ghalib Nishtar the President of KMBL. The senior management of both organizations was also included at the time of agreement.

Through this scheme both companies can create long term relationship between telecom and microfinance sectors in Pakistan. They can also grow their services through this scheme. This partnership will be really beneficial for the employees of PTCL.

KMBL Financing Services to PTCL Employees

The PTCL employees can avail these services through Financing Scheme as:

  • Motorbikes through Value Chain from Honda Motors Pakistan
  • Salary loans
  • Health insurance products
  • Deposit side products
  • House improvement loans

From this arrangement they can offer the innovative products for the PTCL employees. This partnership of both organizations would be beneficial for all the employees and the companies also in their future.

Sadia Mansoor praised the products offering by Khushhali Microfinance Bank Limited and said: PTCL aims is to provide easy access of financing schemes for individuals and facilitate them with innovative services. She also said that it will play an important role for the welfare of all employees. It will grow our long-term commitment to facilitate our employees.

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