IPDC relaunches 'Manobota Deposit'

IPDC Finance Ltd has relaunched its IPDC Manobota Deposit for the second time since the last lockdown in April 2020.

Due to the recent surge in coronavirus cases and deaths, the whole world is on the brink of another economic and health crisis, according to a press release.

Like last year, the marginalised population of our country has no work and social safety support to feed themselves.

To alleviate the situation, IPDC has brought back its successful campaign, IPDC Manobota, where depositors will be able to contribute a significant portion of their investment to help the people in need.

The deposit product allows people to save money and at the same time provide food among the underprivileged people against the deposited amount during the COVID-19 pandemic.

For every Tk 5 lakh deposited in an IPDC Manobota account, an impoverished family will be provided with food for an entire month by the joint contribution of the depositor and IPDC.

The minimum amount of deposit is Tk 5 lakh and the minimum time period is 6 months.

IPDC has partnered with organisations such as Jaago Foundation, Amal Foundation, and many others to facilitate the delivery of food to the deprived.

Mominul Islam, Managing Director and CEO of IPDC Finance, said: “IPDC’s pledge to support the underprivileged remains stronger than ever. We as a nation cannot rise out of this crisis without pulling up our community with us, so we humbly request everyone to come forward and support us in this fight to help the nation.”