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Rental Deposit Loans from Jammu & Kashmir Bank in Rewa

Rewa is a thriving city in the Indian state of Madhya Pradesh. The city is known for hosting the worlds first white tiger safari that was established at Mukundpur by the Central Zoo Authority of India. The city of Rewa has more than 2 million residents. It experiences a humid subtropical climate, with torrid summers, humid monsoons and cool misty winters. Rewa is known for its diversified economic base. The intricate handicrafts produced by the people of Rewa spread over various forms such as paintings, terracotta, marble articles, silver arts, etc. Rewa is also rich in mineral resources. A large variety of important minerals such as limestone, sandstone, phosphate, asbestos, calcite, talc are found in and around the city. These have become major driving resources behind the various industries based in the city. Agriculture is a leading contributor to the citys economy. The Major crops grown in the area are Maize and Jowar during the Kharif season and Wheat and Mustard during the Rabi season. Additionally, pulses, groundnut and several vegetables are also cultivated at Rewa. The Jawahar Lal Nehru University of Agriculture and Technology is one of the major educational institutes in the area. Rewa is also a shopping destination as it has a thriving retail market. The Vindhya Mahotsav is celebrated at Rewa in April every year. The main purpose of organizing this festival is to promote the culture, business and handicrafts of Rewa.

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Low interest rate Rental Deposit Loan in Rewa, 09 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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