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Low interest rate instant Personal Loan in Coimbatore,21 November 2019 from Oriental Bank of Commerce

Coimbatore is situated in the south Indian state of Tamil Nadu. It is the second largest city in the state, after Chennai. Coimbatore is one of the largest producers of cotton and it is famous for its textile industry. The city has played an essential role in the Indian independence and has gained popularity after independence. It has witnessed industrial growth in the last few decades concerning the textile industry, information technology, commerce, education and healthcare. It is known as the manufacturing hub of Tamil Nadu. The city is surrounded by the Western Ghats in the West and the North. The Nilgiri Biosphere Reserve is on the northern side of the city. The citys urban wetlands are home to around 116 species of resident and migratory birds. Many exotic birds such as the spot-billed pelican, painted stork, ibis and black-winged stilt visit the area on their migration route. Coimbatore has a lot of entrepreneurial ventures. Although a diverse and cosmopolitan city, Coimbatore has a refined taste for art and culture. It conducts its own music, art and dance festivals every year around September and December, during the Margazhi month of the Tamil calendar. Coimbatore serves as an educational hub for South India. The Coimbatore district hosts seven universities apart from many engineering, medical and polytechnic colleges. There are more than 150 Arts and Science Colleges in the city besides a large number of schools.

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On 19th February 1943, the OBC was started in Lahore, Pakistan by Late Rai Bahadur Lala Sohan Lal, the founding father of Oriental Bank of Commerce. The bank had to face the after-effects of partition in 1947. The branches in the newly formed Pakistan had shut, and the Registered Office had shifted from Lahore to Amritsar. The registered office was relocated to Delhi, in the year 1951. In 1980, it was nationalized by the Indian government. The merchant banking division of the bank was set up in 1992, and it was authorized by SEBI to act as a category-I merchant banker. In the year 1997, Punjab Co-operative Bank Ltd and Bari Doab Bank Ltd were merged with the OBC bank. The bank had joined hands with Citibank for launching OBC co-branded credit card. In the year 1999, OBC had set up asset recovery branch, one each at Delhi and Mumbai. For women entrepreneurs in the year 2002, the Bank had opened a specialized office and collaborated with Corporation Bank for sharing ATM network. In the year 2003, CBS, OBC had joined hands with Infosys Technologies Ltd and Wipro Ltd to make Centralised Banking Solution. In the same year, the OBC Bank and Small Industries Development Bank of India (SIDBI) had agreed to work on projects in the field of small-scale, infrastructure and service areas. In February 2008, the Oriental Bank Navkiran Deposit Scheme was launched by the bank. Kotak Mahindra Asset Management Company entered into a distribution tie-up with OBC in March of the year 2008.

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