IPDC Finance Limited has recently signed a Memorandum of Understanding (MoU) with Pickaboo,com, one of the leading e-commerce platforms in the country.
The signing ceremony was held at IPDC head office at Gulshan in the capital, read a press release on Sunday.
Ishtiaque Shahriar, head of products & marketing, retail business at IPDC Finance and Morin Talukder, co-founder and CEO Pickaboo.com were present on behalf of the respective organizations in the MoU signing ceremony.
Under the MoU, customers making any purchase at Pickaboo.com would be able to avail loans from IPDC in applicable cases. They can buy products from Pickaboo.com with a 12-month EMI facility at 0% interest rate.
Pickaboo.com is providing consumers of all strata with computer gadgets, smart devices and consumer elelctronics.
Ishtiaque Shahriar said, "With the increase in living standards, the middle and affluent classes have a growing need to avail credit facilities to purchase consumer electronics. IPDC consumer loans will enable this segment to fulfil their needs through accessing credit facilities for the first time."