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Credit Card Takeover Loan from Bank of Baroda in Ambala

Ambala is a city as well as a municipal corporation located in the district of the same name within the Indian state of Haryana. The city forms the border of Haryana and Punjab and lies close to the state capital Chandigarh. Ambala consists of two sub-areas - the Ambala Cantonment area and the Ambala City are, that are less than a kilometer apart. The twin city has a large base of Indian Army and Indian Air Force within its cantonment area. This city separates the Ganges network from the Indus network and the rivers Ghaggar and Tangri surround it. Ambala plays a pivotal role in local tourism, connecting tourists to Chandigarh, Shimla, New Delhi and Amritsar. Gurudwara Manji Sahib, situated within the city, is a place worth visiting in Ambala. The economy of the city is fuelled by its "Cloth Market" which draws shoppers from surrounding areas. It has a dense cluster of at least 1000 wholesale shops that sell a wide range of cloth items like hand-loom textiles, silk, various kinds of sarees, suitings, shirtings as well as dress material of all types. This market is considered to be the largest cloth trading market in Asia. Most of the residents of Ambala are employed in this business.

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Low interest rate Credit Card Take Over Loan in Ambala, 27 November 2021 from Bank of Baroda

The subsidiary of BOB consists of BOB Capital Markets which is a SEBI-registered investment banking company based in Mumbai, Maharashtra. It is an entirely owned subsidiary of Bank of Baroda. Another wholly-owned subsidiary is Bobcards Ltd, a credit card company. The company is in the business of acquiring business & providing back-end support for Debit cards operations to the bank. In the year 1984, Bank of Baroda had launched its first charged card named BOBCARD. The Credit card division of Bank of Baroda managed the complete process of plastic card. The Bobcards Limited was established in the year 1994 to meet the needs of rapidly growing credit card industry in a focused manner. The Bank of Baroda had received Best Bank award for Global Business Development in Public Sector in Polaris Financial Technology Banking Awards held in 2014. The bank had also received ASSOCHAM Social Banking Excellence Award in the Public Sector Banks category, after getting recognized for the significant initiatives taken by the Bank in social banking sphere. In the year 2014, the bank had been awarded for being The Most Efficient Public Sector Bank? in the Best PSUs of India by Dalal Street Investment Journal Awards. The bank became the first National Sponsor in FIFA Under 17 World Cup India.

Get your free Credit report that cost  Rs 1200 for FREE

1. Build your Credit Score

2. Reduce your Current Borrowing / EMI Costs