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Personal Loan Raichur, 27 May 2019 from Vijaya Bank

How does one get a Personal Loan in Raichur?

As on 27 May 2019 You can get the personal loan in the Raichur by going to mymoneykarma.

The city of Raichur is located between Krishna and Tungabhadra rivers in the Indian state of Karnataka. The city houses around 2 lakh residents. Although Kannada is the main language of Raichur, Telugu and Urdu are also widely spoken. Raichur is known for its imposing Raichur Fort which was built in 1294. The fort contains stone inscriptions in Persian and Arabic that adds to its rich history. The had been a part of various empires including the Bahmanis, the Vijayanagara Empire and the Hyderabad empire. The city is also very rich from the epigraphical perspective. Hundreds of inscriptions have been found in the area, ranging from the Mauryan period till the Muslim period, belonging to almost every dynasty that ruled over the Decan. These inscriptions are in a variety of languages such as Kannada, Telugu, Arabic, Sanskrit, Prakrit, and Persian. There are gold mines surrounding the city of Raichur that vastly contribute to the economy of the city. The city is also a leading producer of cotton and oil.

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How to get personal Vijaya Bank Personal Loan in Raichur

As on 27 May 2019 You can get the personal loan from Vijaya Bank in the Raichur by going to mymoneykarma.

The Vijaya Bank was founded by a group of farmers under the leadership of A. B. Shetty on 23 October 1931, in Mangaluru, Dakshina Kannada District of Karnataka State. It was named Vijaya Bank since it was found on the auspicious Vijayadashami Day. During the economic chaos created out of the Great Depression of 192730, Shetty approached some eminent personalities to start a bank with the aim of providing credit facilities at a lower rate of interest to the farmers for cultivating their lands and preventing them from falling in the grasp of money lenders. On 23 October 1931, Mr.Shetty involved 14 leaders and established Vijaya Bank. The bank had an authorized capital of ?Five lakh and an issued capital of ?Two lakh in the beginning. Being a retail bank, its topline growth has come from the retail segments. Retail advances of the bank constitute 30% of the gross credit. The Bank has been actively working with the agenda of financial inclusion. The bank has been started with the objective of financial empowerment and providing banking services to the rural masses. The Vijaya bank has also opened Basic Savings Bank Accounts under Pradhan Mantri Jan Dhan Yojana and provided Rupay debit cards to all the account holders. The bank participated in promoting social security schemes such as Pradhan Mantri Suraksha Bima Yojana, Pradhan Mantri Jeevan Jyoti Bima Yojana, and Atal Pension Yojana.

Personal Loan in Vijaya Bank , Raichur