ProPropertyNewsLDA to Sign MoU with Bank of Punjab and JS Bank

LDA to Sign MoU with Bank of Punjab and JS Bank

LAHORE: The Lahore Development Authority (LDA) is set to establish partnerships with the Bank of Punjab and Zindagi (JS Bank) through a memorandum of understanding (MoU).

Under this agreement, LDA will offer convenient fee payment solutions, including TMA fees, stamp duty, and other dues, at no additional cost.

Simultaneously, Zindagi (JS Bank) will provide modern software for streamlined one-window sales processes.

LDA’s Director General, Muhammad Ali Randhawa, shared that discussions have taken place with delegations from the Bank of Punjab and Zindagi (JS Bank) regarding this collaboration.

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The forthcoming MoU will involve Zindagi (JS Bank) offering software that will be seamlessly integrated into LDA’s SAP system.

Additionally, the agreement also includes the provision of an online learning management system in LDA schools by JS Bank, and these services will be extended without any charges.

As part of this partnership, the Bank of Punjab will establish a booth within LDA’s One Window Cell. This booth will simplify the process of making payments for LDA dues.

The Bank of Punjab’s services, offered through this booth, will be made available to users free of cost.

Source: Business Recorder