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Low interest rate instant Personal Loan in Jamshedpur,14 November 2019 from Oriental Bank of Commerce

Jamshedpur is the earliest planned industrial city of India and also the most populous city in the Indian state of Jharkhand. The rivers Subarnarekha and Kharkai border two edges of the city which is surrounded by the picturesque Dalma Hills and located on the Chota Nagpur plateau. The city is named after Jamsedji Tata, who had planned and funded the development of the city. Companies like Tata Steel, Tata Power, Tata Motors, TCE, TCS, Lafarge Cement, Telcon, BOC Gases, etc. are located here. Jamshedpur houses the largest industrial zone in India, known as Adityapur, which has more than 1200 SMEs. Tata steel is the oldest and largest Steel producing plant in India. The areas surrounding the city of Jamshedpur are rich in minerals, especially iron ore, coal, manganese, bauxite and lime. It is the hub of the iron and steel industry, truck manufacturing, tinplate production, cement and other SMEs manufacturing these products. The administration of the city is looked after by Greater Jamshedpur Metropolitan Region, with the help of TATA group.

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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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