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Holiday Loan from IDBI Bank in Dehradun

Dehradun is the interim capital of the north Indian state of Uttarakhand. It serves as a haven for tourists who visit the place for its natural beauty. Resting on the foothills of the Himalayas in the Doon valley, Dehradun connects tourists to the nearby popular tourist destinations like Nainital, Mussoorie, Haridwar and Rishikesh. The city is situated between the tracks of the Rivers Ganga and Yamuna. It also serves as the base to institutes of Indian armed forces. The famous Doon School, one of the oldest and most distinguished academic institutions in the country, is located in Dehradun. The famous author Ruskin Bond is from this city, who glorifies the natural beauty of Dehradun in his literary work. The economy of the city is mainly fuelled by tourism along with the the presence of government organizations like the DRDO, Ordinance factory, etc. Dehradun is a hub for school education with institutions like Welham, Woodstock, Doon, St. Georges, etc. which are undoubtedly the best residential schools in India. Apart from these, the city hosts critical institutions of national interest such as the Indian Military Academy, ONGC or Oil and Natural Gas Corporation, Indian Institute of Remote Sensing, Indian Institute of Petroleum, etc. Dehradun has a few places of tourist attractions within itself including the Tapkeshwar temple, the Malsi deer park, the Kalanga monument, Santala Devi temple, etc.

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Low interest rate Home Loan in Dehradun, 19 April 2019 from IDBI Bank

IDBI Bank was established to provide credit and other financial facilities for the development of the fledgling Indian industry, in 1964. The Government of India owns it. It is a nationalized bank treated on par with State Bank of India (SBI) and other nationalized banks as per the notification dated 26th February 2013 by the finance ministry. At present,77% stake in IDBI Bank is holding by the government. In the current fiscal of 2017-18, the bank made a loss of Rs.853 crore compared to a profit of Rs.241 crore earned during the last fiscal year. It currently has 3,817 ATMs, 1,995 branches, including one overseas office in Dubai. On June 29, 2018, Life Insurance Corporation of India (LIC) has got a technical go-ahead from IRDAI to increase stake in IDBI Bank up to 51%. The RBI formed a committee which recommended the development financial institution (IDBI) to diversify its activity and harmonize the role of development financing and banking activities by getting away from the conventional distinction between commercial banking and developmental banking. The bank had 16,555 employees, out of which 197 were employees with disabilities, as on 31st March.

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