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Rental Deposit Loans from Jammu & Kashmir Bank in Rajpur Sonarpur

The two separate towns of Rajpur and Sonarpur in the South 24 Parganas district of the Indian State of West Bengal has been united to form the municipality of Rajpur Sonarpur. This small and emerging city comes under the Kolkata Metropolitan Development Authority or KMDA region. The area was earlier inhabited by the zamindars, who called the area "Rajar Puri," that translates to "Land of the Kings" in the regional language. The city is well connected to the nearby areas and lies in the vicinity of the metro city Kolkata. Rajpur Sonarpur is mostly a residential area and its residents mostly work in the service sector of the KMDA region. The Tripurasundari Temple in Boral area of Rajpur Sonarpur is a famous spot that attracts tourists as well as devotees. Many famous Bengali movies have been shot in and around this city. Rajpur Sonarpur city has a population of around 4 lakh and Bengali is the most commonly used language in the area.

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Low interest rate Rental Deposit Loan in Rajpur Sonarpur, 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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