Manage Money

Bank Name

Credit Card Takeover Loan from Oriental Bank of Commerce in Nizamabad

Nizamabad is the 3rd largest city in the Indian state of Telangana. The name of the city is derived from the word Nizam that refers to the Nizam of Hyderabad and Abad which means Long Live in Urdu. The city is sometimes also referred to as The City of Nizams. The city was founded in the year 1905 when the Nizams Dominion was recognized. It was known as Indur earlier. The city has more than 3 lakh residents and experiences a tropical savanna type of climate. The Government of Telangana started the MeeSeva service at Nizamabad in order to provide all government facilities easily to the residents. The economy of Nizamabad is largely dependent upon industries and private businesses. The production of rice, sugar and spices greatly contributes to the citys economic growth. The city has also seen a real estate boom in the recent years. Apart from the typical south Indian food, Nizamabad is known for its Islamic cuisine. Nonvegetarian dishes like Tahari, Haleem, Nihari and Biryani are famous in the city.

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 Nizamabad, 18 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