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Rental Deposit Loans from Jammu & Kashmir Bank in Bhalswa Jahangir Pur

Bhalswa Jahangir Pur is a census town located in the North West district of the Indian capital city of Delhi. The town is a part of the National Capital Region. It is situated next to The famous Bhalswa lake, which is like a horseshoe in shape, is situated right next to Bhalswa Jahangir Pur. The model town is undergoing rapid development to become a residential hub. Bhalswa Jahangir Pur has around 1.5 lakh resident, who are mostly employed in various service sectors in Delhi.

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Low interest rate Rental Deposit Loan in Bhalswa Jahangir Pur, 16 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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