The city of Nandyal is situated in the Kurnool district of Andhra Pradesh. It functions as a municipality as well as the headquarter of the Nandyal Mandal in the Nandyal revenue division. There are over 2 lakh residents in this city and they speak in Telugu. The City was earlier known as Nandalluru. It receives its name from Nandi, the vehicle or "vahana" of Lord Shiva. The word Aalaya means house or abode in Sanskrit. The city of Nandyal is surrounded by nine Nandis. Hence, it was named as Nandi Aalaya. Over the time, the name got modified to Nandyala or Nandyal, which is the present name of the city. Nandyal is surrounded by nine temples of Nandi, the bull. These bull temples are collectively known as the Nava Nandi. The largest Nandi idol in the city is in Sri Yaganti Uma Maheswara Temple. The Archaeological Survey of India claims that the rock grows at a rate of 1 inch in 20 years. Nandyal is a major hub of industries as well as agriculture. The city is rich in natural resources like marble. Additionally, there are numerous rice mills and oil mills in the area apart from a few industries that produce milk, soft drinks, sugar, PVC pipes, etc. A few famous companies like Milk Dairy, Nandi Polymers, S. P. Y. Agro and Nandi Steels have set up their units in the city.
Jammu Kashmir Bank is a private sector State-owned bank established on 1 October 1938. The bank offers banking and financial products and services to its customers and is headquartered in Srinagar, Jammu&Kashmir, India. It has been designated as the RBIs agent for all the banking related businesses, making it the first bank of its kind. It has a total strength of around 9400 employees and a network of about 840 computerized bank branches and over 1005 ATMs across India. A branch specific code is the Indian Financial System Code assigned to every office. This code is required for making electronic transfers. The banks IFSC code for Azadpur branch, New Delhi is JAKA0AZDPUR whereas the IFSC code for Greater Kailash branch, New Delhi is JAKA0GKLASH. Any savings account opened with the bank will attract an interest-earning which is paid to the customer every six months calculated from the balance in the account. The rate of interest is 4% per annum.The bank offers a range of services through internet banking to its customers to enjoy the facility of online banking from their comfort zone. Some of the facilities are: Tax payment, Inquiry of account balance, Cheque and draft issuance, Account statement generation, Fund transfer facility, Knowing the account balance, Payment of utility bills