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Holiday Loan from IDBI Bank in Lucknow

Lucknow lies on the banks of River Gomti and the bustling city is the capital city as well as the largest city in the Indian state of Uttar Pradesh. The city that was once ruled by the Nawabs, the Mughals, the Delhi Sultanate as well as the British colonizers, continues to spread the charming aura of the ancient days through various relics left behind by the rulers. The Nawabs of Awadh beautifully built the city which proudly showcases its ancient and medieval architecture alongside a rich culture and glory. The Mughals and the Sultans gave the city its delectable Islamic cuisine. The British Raj witnessed the courage of this city as it became a major seat of the Great Revolt of 1857. Over the period of change and time, Lucknow has successfully retained its age-old charm and glory even after its tremendous modernization. The city is known for its warmth and hospitality. Lucknow passionately nurtures its literature, music and art. The picturesque city is filled with extraordinary monuments and mausoleums that depict an enthralling blend of ancient, colonial and modern architecture. Historical monuments like the Kaiserbagh Heritage Zone, Imambara, Rumi Darwaza, Dilkusha, etc attract tourists. Many pilgrims visit the city on their way to the birthplace of Lord Rama which is in the vicinity of Lucknow. Tourists from all over the planet visit this city to taste the Lucknowi Biryani and Kebabs, shop at the old bazaars for Chikan embroidery and zardozi which have become a global fashion and to explore the mazes of the enigmatic Bara Imambara.

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Low interest rate Home Loan in Lucknow, 24 May 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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