Nagad signs deal with Hindu Religious Welfare Trust

Bangladesh Postal Department’s mobile financial service Nagad has signed an agreement with the Hindu Religious Welfare Trust, under the Ministry of Religious Affairs, for allowance disbursement.

Nagad Executive Director Md Shafayet Alam and Religious Affairs Ministry Deputy Secretary Dr Dilip Kumar Gosh signed the agreement of behalf of the respective parties.

Under the agreement now Hindu Religious Welfare Trust’s stipend and other allowance beneficiaries can receive their money via Nagad, it said in a statement on Monday.

According to the deal, the Hindu Religious Welfare Trust doesn’t have to distribute the allowance manually. With lesser cost and instantly the beneficiaries will get the allowance through Nagad, read the release.

“Nagad, from the beginning working different government agencies and authorities. As a government service we are happy to partner with Hindu Religious Welfare Trust,” said Shafayet Alam.

Dr Dilip Kumar Gosh said, “Hindu Religious Welfare Trust every year disburse around Tk 5 to 8 crore for monastery, temple, priest, education stipend and social welfare allowance. This disbursement is a time-consuming process. In partnership with Nagad, we can minimize that time. Moreover, because of the reduced cost for Nagad, we can save money and add more beneficiaries.”

The Hindu Religious Welfare Trust Deputy Director Proshanto Kumar Biswas, Nagad’s Head of External Affairs Lt Col Md Kousar Soukat Ali (retd), Deputy General Manager of External Affairs Asma Alamgir was present in the occasion among others.