City Bank and bKash have jointly launched ‘Pay-Later’ – a special collateral-free digital nano loan service that facilitates payments with interest-free loans through bKash app. Now customers can buy any products or services and pay directly with this special loan, even if they don’t have sufficient balance in their accounts. They don’t have to pay any interest if the due amount is paid within seven days. Mashrur Arefin, Managing Director and CEO of City Bank and Kamal Quadir, Chief Executive Officer of bKash inaugurated this special digital nano loan service ‘Pay-Later’ at the head office of City Bank, today. Subject to eligibility, customers will get a combined limit of Tk 500 to Tk 30,000 loans through which they can avail of both Pay-Later and Digital Nano Loans services instantly.
