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Rental Deposit Loans from Jammu & Kashmir Bank in Bulandshahr

Bulandshahr is a city as well as a municipal board in the Bulandshahr district in the Indian state of Uttar Pradesh. It functions as the administrative headquarters of the Bulandshahr District. Bulandshahr is around 70 kilometers away from Delhi and the city is a part of the National Capital Region. Bulandshahr has a population of more than 2.3 lakh people who mostly speak in Hindi. Bulandshahr is basically a religious city. There are many ancient temples, historical ruins and ghats of river Ganga. Urbanization has been slow in this area, yet there is no deficiency of factories and manufacturing units in the area that have significantly contributed to its economic development. The ceramic, pottery, handicrafts and garments are thriving industries at Bunlandshahr. The IT and retail sector are also gradually opening up at Bulandshahr. The residents of Bulandshahr are opening up to the various glamours of modern city life such as spas, boutiques, fitness centers and multiplexes. The city is also very popular among pilgrims and tourists, especially during annual festivals.

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Low interest rate Rental Deposit Loan in Bulandshahr, 04 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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