BoP sign MoU with PEL

Bank of Punjab (BoP) has signed MoU with PEL to provide personal loan facility to customers for the purchase of power generators of 05 KV for their home and office use on easy instalments.
According to a bank's spokesman here on Wednesday, the facility would be provided at zero percent mark-up up to 12 months with zero percent down payment and free delivery at customer's doorstep. The bank would also provide lease facility to small businesses for commercial use of generators. Shoaib Qureshi, General Manager, and Nouman Khalid Butt, Head CMD, signed the MoU on behalf of the bank and PEL, respectively.