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Rental Deposit Loans from Jammu & Kashmir Bank in Bathinda

Bathinda is one of the oldest cities as well as a Municipal Corporation in the Indian state of Punjab. It functions as the administrative headquarters of the Bathinda District. It is situated in the Malwa Region. Bathinda is nicknamed as the City of Lakes, owing to the numerous artificial lakes in the city. The city is also known as Tabar-e-Hind or Tabarhindh which means the Gateway to India. Razia Sultana, the first Empress of India, was imprisoned in the Qila Mubarak fort in this city. Bhatinda is one of the leading cities in education. It has many prestigious academic institutions such as the Central University of Punjab and the upcoming AIIMS. Two modern thermal power plants are housed in Bhatinda - Guru Nanak Dev Thermal Plant and Guru Hargobind Thermal Plant. The city has a fertilizer plant, an oil refinery and two cement plants by Ambuja Cements & UltraTech Cement. Bathinda is also one of the largest cotton and food grain markets in northern India. Grape is widely cultivated in and around the city and is used for local consumption as well as trade. There are various places worth visiting in Bhatinda. The Bhatinda zoo, the historic Qila Mubarak fort, the gurudwara and mazaar of Haji Rattan are popular tourist centers in the city.

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Low interest rate Rental Deposit Loan in Bathinda, 07 July 2020 from Jammu & Kashmir Bank

The J&K Bank is a State-owned banking and financial services company based in Srinagar, Jammu, and Kashmir. It was incorporated on October 1, 1938. On 1 October 1938, the Jammu and Kashmir Bank was founded by Maharaja Hari Singh (the Maharaja of Jammu and Kashmir). The bank had achieved the status of a scheduled bank In the year 1971. It had to face severe problems during the time independence when two branches of Muzaffarabad fell to the other side of the LOC (now Pakistan administered Kashmir) along with cash and other assets. It has been designated as the RBIs agent for all the banking related businesses, making it the first bank of its kind. Any savings account opened with the bank will attract an interest-earning which is paid to the customer after every six months. The rate of interest is 4% per annum.The bank provides services through internet banking to its customers. Some of the facilities are: Tax payment, Inquiry of account balance, Account statement generation, Fund transfer facility. Mr. Parvez Ahmed is the chairman and CEO of Jammu & Kashmir Bank.

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