Manage Money

Bank Name

Credit Card Takeover Loan from SBI in Burhanpur

The Indian city of Burhanpur is a historical city located in the Nimar region of Madhya Pradesh. It functions as the administrative hub of Burhanpur District. It is situated on the bank of River Tapti. Historical excavations have revealed that the Rashtrakuta Dynasty had ruled over the area during 753?982 AD. In 1388, the Faruqi dynasty Sultan Malik Nasir Khan discovered Burhanpur, made it the capital of the Khandesh sultanate and named it after a medieval Sufi saint called Burhan-ud-Din. During the reign of the Faruqi dynasty, the city got transformed into a major center for textile production and trade. The place was later annexed into the Mughal Empire in 1601 by Emperor Akbar. Burhanpur is known for its textile industry as it is the largest center for the power loom industry in Madhya Pradesh. Over 300 companies that deal in interlining cloth and other types of fabric are based in this city. Balaji has its units for manufacturing pipes and agricultural equipment in Burhanpur. Additionally, there are many cotton and oil mills in the city. Burhanpur is also the largest producer of banana in Madhya Pradesh. Burhanpur is well-known for its thriving tourism industry. Apart from the scenic views, the city offers several beautiful spots for tourism such as Asirgarh Fort, Shahi Qila, Dargah-e-Hakimi, Swami Narayan Temple, 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 Burhanpur, 27 November 2021 from SBI

In India, the SBI bank has 18,354 branches. The revenue of SBI was ?2.005 trillion (US$29 billion) in the financial year 2012?13, out of which domestic operations contributed to 95.35% of the income. As a financial inclusion initiative, the bank had launched11,300 camps and opened over 3 million accounts by September under the Pradhan Mantri Jan Dhan Yojana introduced by the Government in August 2014, which comprised 2.1 million accounts in rural areas and 1.57 million accounts in urban areas. The bank had the presence of 191 overseas offices as of 2014?15 in 36 countries marking the substantial existence in foreign markets among Indian banks. There are various foreign subsidiaries or affiliates operated by the SBI. A subsidiary was opened by the SBI bank in 1982, which now has ten branches?9 branches in the state of California and 1 in Washington, D.C. On 28 March 2011, the 10th office was opened in Fremont, California. In 1989, an offshore bank established by the SBI, SBI International (Mauritius) Ltd which later merged with the Indian Ocean International Bank. The Indian Ocean International Bank has been doing retail banking business in Mauritius since 1979.

Get your free Credit report that cost  Rs 1200 for FREE

1. Build your Credit Score

2. Reduce your Current Borrowing / EMI Costs