The large city of Shimoga in the Indian state of Karnataka functions as the district headquarters of Shimoga District. The city has been officially renamed shivamogga in 2014. It is located in the central part of Karnataka, on the banks of the Tunga River and serves as a gateway to the hilly regions of the Western Ghats. Shivamogga is popularly nicknamed as the "Gateway of Malnad." Shimoga experiences a tropical wet and dry climate and has a population of around 3.3 lakh. Shimoga is an important center for education with its wide variety of prestigious schools as well as colleges. Industries such as Malnad Alloys, Pearlite Industries, Vijay Technocrats, Perfect Alloys, Shanthala Sperocast, etc. are some foundries that manufacture castings which are supplied to other related industries in the country as well as exported. The city is surrounded by lush green paddy fields, chili plantations, areca nut and coconut groves which contributes to the economy of the city. An IT Park is being constructed at Shimoga, near the upcoming Shimoga airport.
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