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Credit Card Takeover Loan from City Union Bank in Ulhasnagar

Ulhasnagar is a small and developing city located in the Thane district of the Konkan division in the Indian state of Maharashtra. It is about 55 km from away from Mumbai but is included in the Mumbai Metropolitan Region. The town city an area of approximately 13 square kilometers which is divided into 285 blocks. It is a hub for the production of rayon silk, ready-made garments, dyes, confectionaries and electrical & electronic appliances, which contribute to the citys economy. Ulhasnagar is considered to be one of the largest manufacturers and exporters of denim jeans. The city has around five lakh residents. There are 129 primary schools, 56 Secondary Schools, nine Higher Secondary schools, three colleges and two Technical Colleges in Ulhasnagar. There are many public libraries, sports grounds and movie theatres to provide entertainment facility to the residents.

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Low interest rate Credit Card Take Over Loan in Ulhasnagar, 14 November 2019 from City Union Bank

On 31st October 1904, The Kumbakonam Bank Limited as it was then called was incorporated as a limited company. The first MOA was signed by 20 devoted and prominent citizens of Kumbakonam including T.S.Raghavachariar, Sarvashri R. Santhanam Iyer, S.Krishna Iyer, and V.Krishnaswami Iyengar. The First Agent of the Bank was T.S.Raghavachariar. He was succeeded by Shri R. Santhanam Iyer, who was designated as Secretary of the bank under the amended Articles of Association which states that "now onwards the secretary will be the in charge of the Banks Management in place of an agent." Shri S. Mahalinga Iyer succeeded him as Secretary who subsequently became the First full-time MD of the Kumbakonam bank as per the amendment of Articles in 1929. From 1926 to 1929, he held the position of Secretary and that of MD from 1929 to 1963. in the beginning. The bank preferred the role of a regional rural bank and slowly built an office in the Delta District, Thanjavur. On 24th January 1930, the first branch of the Bank was opened at Mannargudi. After that, branches were opened at several places within a span of 25 years. On November 14, the bank celebrated its golden jubilee at Kumbakonam.

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