Shimanto Bank signs MoU with Niloy Motors to offer EMI facilities
Shimanto Bank has signed a Memorandum of Understanding (MoU) with Niloy Motors to provide easy installment facilities for its credit cardholders purchasing Hero motorcycles.
Under the agreement, Shimanto Bank credit cardholders can avail Equated Monthly Instalment (EMI) facilities ranging from 3 to 36 months when buying Hero motorcycles from Niloy Motors.
The MoU was signed at Shimanto Bank's head office by Md Sahidul Islam, head of business at Shimanto Bank, and Tanim Quraishi, head of corporate sales at Niloy Motors, on behalf of their respective organisations.
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Also present at the signing ceremony were Sharif Zahirul Islam, Head of Cards and ADC at Shimanto Bank; Tanvir Adnan, Manager, Corporate Sales at Niloy Motors; and senior officials from both institutions.
