Social Islami Bank has announced that it will waive late fees for credit card and investment installment payments through July 2024.
This move aims to assist customers who have been unable to meet their financial obligations due to the current economic conditions, reads a press release.
The bank's decision comes in response to widespread financial difficulties affecting many of its customers. By eliminating late fees, Social Islami Bank seeks to provide some relief and flexibility during these challenging times.
In addition to the waiver, the bank has assured that all of its ATMs are fully operational. Customers who have not yet used or acquired a debit card can obtain an instant debit card from any branch, facilitating easier transactions.
Social Islami Bank is also continuing to support its clients through its internet banking and mobile banking app services, ensuring that they have access to their accounts and financial services with minimal disruption.
