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Holiday Loan from IDBI Bank in Mahesana

Mehsana is a municipality situated in the Mehsana district in the Indian state of Gujarat. The name of this city is also spelled Mahesana. Mehsana was founded by the Rajput heir of the Chavda dynasty by the name of Mehsaji Chavda. He had constructed the Torana or the arc gate of the city and had also built a temple dedicated to Goddess Toran in 1414. The city was a part of the Bombay state after the Indian independence. It got annexed into the state of Gujarat in 1960. The city houses around 2 lakh residents who speak in Gujarati, Marathi and Hindi. The city is famous for its local breed of Mehsani buffaloes. The Doodhsagar Dairy in Mehsana is the largest dairy in Asia. The city also houses one of the largest assets for the onshore production of oil and natural gas by ONGC. The agriculture, as well as the road-equipment based industries, are also doing quite well in Mehsana. The Ganpat University and the Gujarat Technological University are the reputed educational institutions in this city. The city has a spectacular stepwell at Boter Kotha ni Vav, built during the rule of Emperor Aurangzeb. Badiyashi Vav in Biladi Baug is another stepwell worth visiting. There are several Jain and Hindu temples in and around Mehsana that call for a visit.

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Low interest rate Home Loan in Mahesana, 17 June 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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