The city of Purnia in the Indian state of Bihar also functions as the administrative headquarters of both the Purnia district and the Purnia division. It is located in the Kosi- Seemanchal area of Bihar. Purnia hosts several military bases such as Indian Air Force, Indian Army, three branches of Indias Central Armed Police Forces, the Border Security Force, the Sashastra Seema Bal and the Indo-Tibetan Border Police. The name of the city may have originated from the Sanskrit word Purna?Aranya, which means complete jungle. Purnia has a large forest cover and is located in the Mithila region of the state. The city lies on the alluvial tract of the Gangetic Plain and numerous rivers flow through the area that are mostly the tributaries of River Koshi. The city experience a favorable climate and is often referred to as "Mini Darjeeling." There are around 3 lakh residents in Purnia. Maithili, Angika, Hindi, Urdu, Bengali as well as English are the commonly spoken languages in this area. Purnia has an agricultural economy. The fertile soil supports paddy cultivation. Crops like potatoes, wheat, khesari, chickpeas, lentils, barley, sugarcane, tobacco, chili peppers, maize, makhana, mung beans and jute are also cultivated in the area. There are several poultries and fisheries in Purnia. This rapidly developing city is equipped with all modern amenities and many educational institutions.
Are you looking for an escapade to your dream destination, yet deterred by the pocket pinch?
Modern life is hectic and strenuous. Our busy lifestyles often leave us with barely any time or scope for leisure. A little bit of recreation is mandatory to cope with the emotional burnout of mundane life. Vacations can be the ideal solution - brief moments of recreation that can rejuvenate our minds and fill us with vigor to get back to routine with added enthusiasm.
Well, think of it as a personal loan that can fund your vacations. Unlike home loans and auto loans, this doesn't involve collateral. A holiday loan is an unsecured loan. The lending body evaluates your income level, employment history and of course your creditworthiness to decide whether you are eligible for a holiday loan. You may even apply for it online and get a quick approval too. Once you get the lump sum, you may spend it as you wish for traveling purpose. You have to repay the money in EMIs over time. It goes without saying that you should carefully plan a vacation budget before borrowing the money and subsequently refrain from overspending.
Tourism has become a highly commercialized industry. The cost of traveling has risen considerably with the growing rate of inflation. Transport, accommodation, food - nothing comes cheap nowadays. You might have a particular destination in mind but settle for some other spot for budget constraints. While a few might save up for vacation expenses, many might not. You might have the desire to travel but lack a monetary backing. Why let your savings take a massive blow all at once when you can rely on an alternate mode and source of financing? Holiday loan is such a facility that lets you enjoy your holidays peacefully, without bothering about the expenses immediately. You could slowly and conveniently repay the amount over a period of your choice in steady monthly installments.
The booming finance sector has undergone a massive revamp in the past decade. Most financial institutions offer a plethora of credit lines. Holiday loans have become quite prevalent, and almost every bank, NBFC and P2P lender offer it. However, it's imperative that you meet the eligibility criteria for such a loan. It is also crucial that you cautiously choose the lender. The perfect holiday loan should be taken from a lender who offers the best interest rates, a convenient moratorium period, feasible and flexible repayment scheme and efficient customer support team.
Quite similar to a Personal Loan, you need to approach a Bank, an NBFC or a P2P lender with an application. Most of the financial institutions allow you the convenience of applying for a loan online. They generally approve the loan instantly if you successfully meet their eligibility criteria and provide the required documents. Once the loan is sanctioned, there are no specific restrictions on how to use the loan funds. Availing holiday loans is quite easy and comes with myriad benefits and perks. Such loans are generally availed for a shorter duration, thus saving you your valuable money.
The interest rates for holiday loans differ from bank to bank. Since these loans do not depend upon collaterals, expect the interest rates to be slightly higher than other secured loans. Most lenders would check your income level, credit score, profession, age, past loan repayment history before deciding upon an interest rate. If you have a laudable credit history, you are more likely to get a competitive interest rate on a holiday loan.
Vacations give you a sense of ownership over your life. They help you refresh your mind for a few days before getting back to the bustling city life; they let you spend some blissful moments with your loved ones; they let you live life freely for a few days, away from the cacophony of your busy life. Holiday loans make such dream vacations possible without taxing your cash flows.
The HDFC Bank Limited was started in Mumbai. As of 31st March 2018, the bank has more than 88,000 permanent employees in India, and abroad, it has offices in Bahrain, Hong Kong, and Dubai. By assets, the HDFC Bank is Indias largest private sector lender. It is the largest bank in India and ranked 69th in 2016 BrandZ Top 100 Most Valuable Global Brands. In 1994, the HDFC Bank was established with its registered office in Mumbai, India. The then Union Finance Minister, Manmohan Singh inaugurated its first corporate office and a full-service branch at Sandoz House, Worli. The bank had 4,715 branches and 12,260 ATMs across India, as of June 30, 2017. In FY 2017, the bank also installed 4.30 lakhs POS terminals and issued 235.7 lakhs debit cards and 85.4 Lacs credit cards. The HDFC Bank offers many products and services including wholesale banking, treasury, auto loans, two wheeler loans, personal loans, retail banking, loans against property and credit cards. Along with this various digital products are also introduced by HDFC such as Payzapp and Chillr. The HDFC Bank merged with Times Bank in February 2000. In the new-generation private sector banks category, it was the first merger of two private banks. HDFC Bank acquired Centurion Bank in 2008 approved by the HDFC Bank Board for 95.1 billion INR as one of the most significant mergers in the financial sector in India.