Postal life insurance installments can be paid in cash
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No need to go to the post office and stand in line to deposit postal life insurance premiums or installments. Customers can now deposit this money from the comfort of their homes through the mobile financial service Cash. Cash completed an agreement in this regard with the Bangladesh Post Department last Wednesday.
Additional General Manager (Eastern Region, Dhaka) Moha on behalf of the Postal Department at the contract signing ceremony held at the Postal Building. Abdul Hannan and Additional General Manager (Western, Rangpur) Pradeep Kumar signed the agreement. Chief Corporate Affairs Officer of the organization signed the contract on behalf of cash. Samsul Islam
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Under the contract, postal life insurance policies — whole life, term, fixed and marriage — can be paid in cash.
There are about two lakh customers in postal life insurance service. These customers could deposit the installments only after going to the post office within the specified time for installments. As a result of this agreement, customers will now have the convenience and security of paying premiums from cash accounts at any time.
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Customers can go to ‘Bill Pay’ option of their cash app and select ‘Postal Life Insurance’ or ‘PLI’ and pay the installments by entering the policy number and required details. As soon as the payment is successful, the customer will receive a digital receipt and confirmation message, which will serve as future proof.
On the occasion, Director General of Postal Department Kazi Asadul Islam said that since the opportunity to pay premium through cash has been created, the customers will get faster service, as well as the digital transformation of the postal department will be accelerated. Administrator of Cash. Motachim Billah said, as a result of creating the opportunity to deposit this money through cash, the suffering of customers will be reduced, as well as time will be saved.
Additional Director General (Accounts and Organization) SM Harunur Rashid, Additional Director General (Supply and Inspection) Parveen Banu, Additional Director General (Postal Service) and Additional Charge (Planning) Md. Zakir Hasan Noor along with senior officials of Nagd.
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