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Rental Deposit Loans from Jammu & Kashmir Bank in Varanasi

The holy city of Banaras or Varanasi is located in the Indian state of Uttar Pradesh. It is one of the ?Sapta Puri? or seven holy cities where one can attain ?Moksha.? It is believed that Lord Shiva was the founder of this city that dwells on the banks of the holy Ganga. Hindu pilgrims perform ceremonies, ritualistic ablutions as well as cremation and last rites in the river ghats which are embankments made of stone slabs. The Dashashwamedh Ghat is the most spectacular one that attracts a lot of tourists to see the beautiful evening rituals. Numerous devotees and tourists from all over the world flock to Varanasi every year to visit the famous Kashi Vishwanath Temple among several others. There are several mosques and Jan temples in and around the city as well. Tourism boosts the city?s economy, along with certain medium and small-scale industries and agricultural produce. The fertile Ganges plains help the farmers cultivate crops like wheat, maize and sorghum. Copper and brass goods are also manufactured in this city apart from the small-scale industries that produce rugs, carpets, clay toys and other handicrafts. All of these contribute to the city?s economy. Varanasi is also well known for its perfumes, silk and muslin fabrics, jewelry designs, sculptures and ivory crafts. This ancient city is indeed rich in its culture and traditions.

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Low interest rate Rental Deposit Loan in Varanasi, 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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