Manage Money

Bank Name

Credit Card Takeover Loan from Oriental Bank of Commerce in Dewas

The city of Dewas is located on the Malwa plateau in the Indian state of Madhya Pradesh. It functions as the administrative center of the Dewas District. Dewas is an industrial city. It houses a government bank note press which happens to be the largest of its kind in Asia. The word Dewas is assumed to be a combination of the words Dev which means deity and Vas which means abode; so Dewas refers to the house of the God. The city lies at the foot of a conical hill, known as Chamunda hill, which has the shrine of the Goddess Vashini on its peak. The city was known for being a production center of retail opium during the 19th century. The city has many industrial units of companies like Tata, Kirloskar, Arvind Mills, Gajra Gears, Sun Pharma Industries Limited, etc. employing thousands of workers. The city is known for its soya bean processing industry in the country. Places of tourist interest in and around Dewas are Mata Tekri, Kaila Devi temple, Meetha Talab, Chamunda Hills, etc.

Get your free Credit report that cost  Rs 1200 for FREE

1. Build your Credit Score

2. Reduce your Current Borrowing / EMI Costs

Low interest rate Credit Card Take Over Loan in Dewas, 20 November 2019 from Oriental Bank of Commerce

In 1943, Rai Bahadur Lala Sohan Lal Ji, the first Chairman of OBC, founded it in Lahore. Within four years of its existence, the Oriental Bank of Commerce had to face Partition between India and Pakistan. The bank had to shut its branches in the newly formed Pakistan and move its registered office to Amritsar. The period of 1970-76 had been the most challenging phase in the history of the Bank. The OBC merged with Global Trust Bank (GTB) on 14 August 2004. The acquisition brought 103 branches with it, which increased OBCs branch number total to 1092. The bank presents a wide range of banking products and financial services such as deposit accounts, credit cards with a tie-up with SBI, Insurance products, ATMs, loans, debit cards, Internet banking, Self-banking halls, call center, mobile banking, etc. The Bank has introduced another peoples participation in the planning process at grass root level fundamentally to tackle the maladies of poverty. The Grameen Projects venture aimed to alleviate poverty while identifying the reasons responsible for the failure or success. The OBC has already introduced a GRAMEEN PROJECT in Dehradun District (UK) and Hanumangarh District in Rajasthan.

Get your free Credit report that cost  Rs 1200 for FREE

1. Build your Credit Score

2. Reduce your Current Borrowing / EMI Costs