IFIC Bank Expands Support for Universal Pension Scheme Through Its Countrywide Network

IFIC Bank PLC has partnered with The National Pension Authority (NPA) to serve as a key platform for monthly premium payments of Universal Pension Scheme. In this regard, a Memorandum of Understanding (MoU) was signed today, 28 July 2025, between the National Pension Authority and IFIC Bank PLC at the conference room of the Finance Division, Ministry of Finance, in Dhaka.

The MoU was formally signed and exchanged by Mr. Md. Mahiuddin Khan, Executive Chairman of the National Pension Authority and Mr. Syed Mansur Mustafa, Managing Director of IFIC Bank PLC. Also present at the ceremony were Mr. Md. Golam Mostofa, Member of Fund Management at the National Pension Authority and Mr. Md. Monitur Rahman, Deputy Managing Director and Chief Information Officer of IFIC Bank PLC.

Through this partnership, both IFIC Bank customers and walk-in clients will now be able to conveniently make premium payments and enroll in the Universal Pension Scheme at over 1,400 branches and sub-branches (Uposhakhas) across the country.