UGC staffers to get low-interest housing loans

Staff Correspondent

11 June, 2021 12:00 AM printer

Officials and employees of the University Grants Commission (UGC) will get loan from Tk 2.0 million up to Tk 7.5 million at a simple interest with 20 years period to buy land or flat.

A memorandum of understanding (MoU) was signed between the UGC and Janata Bank Ltd in this regard on Thursday, said a press release.

UGC secretary (current charge) Dr Ferdous Zaman and Janata Bank Ltd UGC Bhaban branch manager Md Sazzad Hossain signed the agreement of Tk 100 crore loans at the commission office.

UGC member Prof Dr Muhammed Alamgir presided over the agreement sign programme while UGC member Prof Abu Taher, Janata bank general manager Abdur Rob Khan and deputy general manager Ruhul Kabir were also present on the occasion.