Manage Money

Bank Name

Low interest rate instant Personal Loan in Unnao,20 November 2019 from Oriental Bank of Commerce

The industrial city of Unnao in the Indian state of Uttar Pradesh functions as the headquarter of the Unnao district. It has three industrial suburbs around it. Unnao is a part of Central Ganges Plain and the region falls under the Kanpur-Lucknow Counter Magnet Area. A new satellite town of Unnao by the name of Trans Ganga City is being built to develop Unnao as a major infrastructural and industrial and hub. Unnao was earlier known for its dense forest cover until the 12th century when Godo Singh of the Rajput clan cleared the forest and established a settlement in the area called Sawai Godo. This town went into the hands of the rulers of the Kannauj. A governor was appointed to look after the place, but he was killed by a Bisen Rajput called Unwant Rai Singh. Thus the area passed on to the usurper Unwant Rai Singh, who built a fort and renamed the place as Unnao after himself. Unnao is known for its leather, chemical industries and mosquito nets. Tanning is the biggest contributor to Unnaos economy, followed by the dye and printing of mosquito nets. The city has many historical buildings and structures apart from beautiful lakes and scenic landscapes.

Get your free Credit report that cost  Rs 1200 for FREE

1. Build your Credit Score

2. Reduce your Current Borrowing / EMI Costs

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.

Get your free Credit report that cost  Rs 1200 for FREE

1. Build your Credit Score

2. Reduce your Current Borrowing / EMI Costs