Jamuna Bank PLC has signed a Memorandum of Understanding (MoU) with National Pension Authority to support and facilitate collection of contribution installments of various schemes under Universal Pension Scheme. The signing ceremony took place at a conference hall in the Finance Division, Ministry of Finance on July 14, 2025.

The MoU was signed by Mirza Elias Uddin Ahmed, Managing Director & CEO of Jamuna Bank PLC and Mr. Md Mohiuddin Khan, Executive Chairman of the National Pension Authority, on behalf of their respective organizations. Dr. Md Khairuzzaman Mozumder, Secretary, Finance Division, Ministry of Finance attended the event as Chief Guest. Senior officials of both organizations attended the signing ceremony.

This collaboration aims to streamline and expand the outreach of the Universal Pension Scheme (UPS) through Jamuna Bank’s extensive network of branches, sub-branches, agent outlets and digital platform. Under the MoU, Jamuna Bank will act as a key collection and service point, facilitating enrollment, contribution, and account management for Universal Pension Scheme subscribers.

This strategic partnership enables Jamuna Bank PLC to collect pension installments from scheme holders through both digital and physical channels of the bank, significantly enhancing accessibility and convenience for citizens across Bangladesh. The initiative supports the government’s vision of building an inclusive, transparent, and sustainable pension system for all. The collection services by Jamuna Bank will commence shortly after the MoU signing.