EBL ZIP launched

FE Team | Published: June 13, 2014 00:00:00 | Updated: November 30, 2026 06:01:00

Managing Director & CEO of EBL Ali Reza Iftekhar unveiled a new value proposition for EBL credit cardholders. M. Nazeem A. Choudhury- Head of EBL Consumer Banking and other senior executives of EBL were present on the launching ceremony.

Eastern Bank Limited has launched EBL ZIP (Zero Installment Program) for its credit cardholders. EBL ZIP is a non-interest bearing equal installment plan that allows credit cardholders the flexibility to convert retail purchase transactions at designated outlets into an installment scheme. The customer pays back the amount over a tenor ranging from 3 months to 24 months without any interest.