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Mutual Trust Bank Limited (MTB) has recently signed an agreement with Sonali Life Insurance Company Ltd (SLICL). Under this agreement, policy holders of Sonali Life Insurance Company Ltd. can deposit their premium using customized deposit slip at any MTB branch. Sonali Life Insurance Company Ltd. will become fully integrated and online with MTB, with all deposit transactions and notifications occurring in real time. Simultaneously, policy holders can find the real time deposit information through MTB’s web-based banking service, as well as SLICL’s web based services, as both company systems will be integrated extensively. Sonali Life Insurance Company Ltd. Policy holders who are under the privilege card program will also be issued with a co-branded debit card through which they will be eligible to earn substantial discounts at more than 200 retail outlets. They will also receive maturity payments directly into their accounts. They can also use the card for normal banking transactions including many other benefits.
Ajit Chandra Aich, CEO, Sonali Life Insurance Company Ltd. (SLICL) and Syed Rafiqul Haq, Deputy Managing Director & Chief Business Officer (CBO), Mutual Trust Bank Limited (MTB) signed the agreement on behalf of their respective organizations. Mostafa Golam Quddus, Chairman, Rupali Insurance Company Limited, Sheikh Mohammad Danial, Director, Mir Rashed Bin Aman, DMD and CFO from Sonali Life Insurance Company Ltd. and Mohammad Anwar Hossain, Head of Card Division, Irfan Islam, Head of Cash Management & Privilege Banking from Mutual Trust Bank Limited along with other senior officials from both the organizations were also present at the occasion.