Installment Process
This service is provided by the Labor Market Authority to business owners & employers to request facilities for their payments, through installments scheme according to the specified mechanism.
group_work Available Channels
Service Terms
- Target User Group:
- Business ,
Required Documents
Pre-Approval procedure
-Letter addressed to the Chief Executive Officer of LMRA clearly stating the reasons for requesting the installment facility, signed by the authorized person of the Establishment in the LMRA system.
-Bank statement for one month.
Post approval Procedure
-Postdated cheques for the approved amounts and the respective dates for each installment.
-25% advance payment of the total amount due (if the amount due is between 200 and 500 BD, the employer shall pay 25% of the total).
-Signed declaration of debt at the notary office(if the amount due is more than 500 BD only).
Payment
- Payment Methods: