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Credit Card Takeover Loan from ICICI Bank in Pallavaram

Pallavaram, situated in the Indian state of Tamil Nadu, was originally known as Pallava Puram. It is a residential locality in Chennai. It is known for its bustling residential colonies and cantonments. The Pallavaram railway station serves the neighborhood and it belongs to the Chennai Suburban Railway Network. The historical town of Pallavaram has been resided in since the Paleolithic Age. Pallavaram has derived its name from the Pallava settlement in the area. The cantonment and aerodrome were built during the British rule. The British conducted mining activities on Pallavaram Hill. The hill, made of charnockite rock, presumably possesses healing properties. This city is one of the oldest inhabited regions in South India as many stone age artifacts have been uncovered in the area. The city has more than 2 lakh residents who speak in Tamil. Most of the residents work in various service sectors in the neighboring city of Chennai.

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Low interest rate Credit Card Take Over Loan in Pallavaram, 27 November 2021 from ICICI Bank

The ICICI Bank is one of the major private banks with assets of around 17.25 billion US$. Currently, the bank has a presence of 4,867 branches and 14,367 ATMs in India as of 31st March 2018. ICICI Ltd initially promoted the ICICI Bank in the year 1994. ICICI Ltd was created at the initiative of World Bank, GOI and few representatives of Indian industry in 1955, with the primary objective of developing an institution to provide medium and long-term project financing to Indian businesses. In the year 2001, the ICICI Ltd and ICICI Bank board and the shareholders approved for the merger of these two entities and two of its wholly-owned subsidiaries, ICICI Capital Services Ltd and ICICI Personal Financial Services Ltd. As a result in April 2002, the ICICI banking and financing operations, both wholesale and retail had been merged into a single entity. The ICICI Bank provides several banking products and financial services to its corporate and retail customers through different delivery channels and the group companies. The board members of ICICI Bank consists of individuals having rich experience in banking and financial services, international business, management consulting. For CSR, the ICICI Bank is involved in human and economic development at the national level.

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