LDA signs agreement with Allied Bank-Islamic Banking

06 Mar, 2021

LAHORE: The Lahore Development Authority (LDA) on Friday signed an agreement with Allied Bank-Islamic Banking for online payment of LDA dues through 1-Link anywhere in the country.

In the presence of LDA Director General Ahmed Aziz Tarar, the agreement was signed by Rashid Rauf from the bank and LDA Director Finance Muhammad Akhtar.

As per the details, the demand notes for collection of dues from LDA will be generated through computer and the concerned applicant will be informed about the amount and the last date for payment via SMS. The applicants could now deposit their dues at 1-Link ATM machines as well as through mobile application of their respective bank.

They could also visit any branch of Allied Bank across the country and pay the dues. Allied Bank will provide the applicant with a receipt for the dues and transfer the money to the LDA’s account. Moreover, these challans can also be downloaded from the LDA’s website.

Meanwhile, the LDA constituted a Grievance Redressal Committee to resolve the issues regarding land-use conversion involving delayed processing, fortified and chronic litigation.

According to the LDA, investors and businessmen having any grievance with regard to their applications for change of land-use for setting up a new business could apply to the relevant directorate of Town Planning within a year from the notification of LDA Land Use Rules 2020. Applicants could avail the facility to resolve the issues regarding land-use conversion before the deadline of August 5.

Copyright Business Recorder, 2021

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