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Credit Card Takeover Loan from Union Bank of India in Tiruvottiyur

Tiruvottiyur is located in the Indian state of Tamil Nadu. It is a neighborhood in North Chennai, located within the Greater Chennai Corporation. It is often spelled as Thiruvottriyur or just TVT. The city belongs to the Tondiarpet division of the state. The city is located near Parrys and Chennai Central, yet it provides comparatively cheaper residential space along with decent amenities. Hence, it has become a much-coveted and sought after residential destination.The city comprises of industrial units, trading activity and fishing hamlets. Tiruvottiyur is easily accessible road and railway. There are around 2.5 lakh residents in Tiruvottiyur. It is believed that Thiruvottiyur was inhabited even before the city of Chennai was formed. There are many ancient as well as new temples in and around the city. Tiruvottiyur is a heavily populated suburb of Chennai. It has a few industrial establishments that employ a majority of the citys population. Business is another source of income for the residents. The fishing industry is also enormous in the city. The city is well-equipped with all the modern facilities and amenities. However, entertainment options are rather scarce in this city as a lot of movie theaters have been converted into real estate properties. The city is well-known for its food and a lot of hotels, restaurants and small food joints are distributed across the place. Thiruvottiyur is considered to be an economical housing zone. It is gradually developing on par with the other localities in Chennai.

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Low interest rate Credit Card Take Over Loan in Tiruvottiyur, 12 November 2019 from Union Bank of India

The Union Bank of India was incorporated on 11th November 1919 with its headquarters in Mumbai. In the year 1921, The Head Office of the Bank in Mumbai was inaugurated by Mahatma Gandhi. The Bank has a presence of over 4200+ branches across India. The core values of bank management are reflected in the fact that the bank has shown an exponential profit growth in last 96 years of its working. The Union Bank has been playing a very proactive role in the economic growth of India. It extends credit to meet the requirements of different sectors of the economy such as Industries, exports, trading, agriculture, infrastructure. Along with that, there are individual sectors in which the bank has given credit to influence economic growth and to earn from a well-diversified portfolio of assets. The resources of the bank are mobilized through Term Deposits, Current, Savings, and through refinance and borrowings from abroad. The Union Bank consists of large customer base of over 5.7 crores. On the technology front, the Bank has been an early adopter of technology due to which 100% of its branches are computerized. Shri Rajkiran Rai G. is the current Managing Director and CEO of the bank.

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