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Holiday Loan from IDBI Bank in Hajipur

Hajipur is the largest city in the Vaishali district of Bihar. It is located in the Tirhut Division and functions as the district headquarters. This city is closely following Patna in terms of rapid development. Hajipur has a total population of nearly 4.5 lakh. It is a leading city in Bihar in terms of growth. Hajipur falls within the territorial boundaries of the Patna Regional Development Authority area. It is linked to Patna via Mahatma Gandhi Setu which is one of the longest bridges in the country, stretching over nearly 6 kilometers. The town was founded by Haji Ilyas Shah, a King of Bengal, and the town has been named after him. The economy of Hajipur is service-orientated as 55% of the total population is employed in the service sector. Hajipur also has a minor industrial sector and an agricultural base. The city is known for its banana cultivation. The industrial area at Hajipur houses brands of FMCG and agro-based companies such as Pepsico, Britaniya, HUL, Godrej, Anmol, Bansal, etc. The various places of interest in and around the city include the Ramchaura Mandir, Kaun Haara Ghat, Nepali Mandir, Pataleshwar Mandir, Bateshwar Nath Temple, Sonepur Cattle Fair, Vaishali Mahotsava, Baithakji Hajipur, etc.

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Low interest rate Home Loan in Hajipur, 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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