Manage Money

Bank Name

Advance Salary Loan from Bandhan Bank in salem

salem is a city in the South Indian state of Tamil Nadu. It is popularly known as steel city or mango city. The city has the administrative headquarter of the Salem district and is known to be the 5th largest city in Tamil Nadu in terms of area and population. The city has a municipal corporation with 72 wards headed by elected representatives. The textile industry drives the economy of the city. Salem has 125 spinning mills, weaving units, dye units and garment units which work together to ensure a flourishing textile industry. There are a few sago factories in the area, known for the production of starch. The city and its outskirts are rich in mineral ores. Some of the largest magnesite and bauxite deposits in the country are mined here. The city is known for the famous Salem Steel Plant, which is a unit of the Steel Authority of India. The Salem Steel Plant produces cold-rolled stainless steel as well as the hot-rolled stainless-carbon steel alloy. All of these together form a major part of the economy and commerce of Salem. There are many famous places of worship in the vicinity of Salem. The Kottai Mariamman Temple, Sugavaneshwarar Temple, Jama Masjid, ISKCON, Christ Church, etc. are spots that draw tourists. There are several pristine educational institutions in the region such as the Periyar University, the Government College of Engineering, etc., salem is popularly called the steel city or mango city. It is located in the Indian state of Tamil Nadu. Salem is Tamil Nadu?s 5th largest city in terms of area and population and it operates as the administrative headquarter of the Salem district. 72 wards join to make the municipal corporation of Salem and each ward is headed by an elected representative. Salem?s textile industry forms the backbone of its economy. Numerous spinning mills, weaving units, garment units and dye units work in unison to boost the textile industry of Salem. The city has a few sago factories that are known for the production of starch. Salem and the surrounding area are rich in mineral ores that support the mining of magnesite and bauxite. The famous Salem Steel Plant produces cold-rolled stainless steel and hot-rolled stainless-carbon steel alloys. It is a unit of the Steel Authority of India. These industries together boost the economy and commerce of Salem. Quite a few renowned places of worship can be found in and around Salem such as the Kottai Mariamman Temple, Sugavaneshwarar Temple, ISKCON, Jama Masjid, Christ Church, etc., salem, popularly known as steel city or mango city, is a city in the South Indian state of Tamil Nadu. Salem functions as the administrative headquarter of the Salem district. It is also the 5th largest city in the state in terms of area and population. The municipal corporation of Salem has 72 wards, each headed by an elected representative. The textile industry forms the backbone of the economy of Salem. The city has 125 spinning mills, many weaving units, dye units and garment units

Get your free Credit report that cost  Rs 1200 for FREE

1. Build your Credit Score

2. Reduce your Current Borrowing / EMI Costs

Low interest rate Premium Bike Loan in salem, 15 November 2019 from Bandhan Bank

The Bandhan Bank Ltd. is based in Kolkata, West Bengal. Bandhan started as a micro-finance company in 2001 and received its banking license from the RBI in 2014. On 27th March 2018, it became the 8th largest bank in India by market capitalization. The Bank has 840 branches, 2,443 Doorstep Services, 282 ATMs and 12,004 Mini-ATMs or Hand-Held Devices according to the Annual Report of the bank (2016-17). Mr. Harun Rasid Khan is the chairman of the Bandhan Bank. In July 2016, he had been the Deputy Governor of the Reserve Bank of India. The founder cum managing director and chief executive officer of the Bandhan Bank are Mr. Chandra Shekhar Ghosh. The RBI licensing norms state explicitly that a new bank must have a ? 500 crore capital. The Bandhan Financial Services Limited (BFSL), one of the largest microfinance organization in India owns The Bandhan Financial Holdings. The SIDBI bank, International Finance Corporation (IFC), Financial Inclusion Trust, North Eastern Financial Inclusion Trust, Singapore Sovereign Wealth Fund GIC and the Bandhan Employees Welfare Trust are the significant investors in the parent organization of Bandhan Bank. The Bandhan Bank get listed on the Bombay stock exchange. On 23rd August 2015, the Bandhan bank was launched by the Union Minister of Finance, Shri Arun Jaitley Ji in Kolkata, West Bengal, India. After a year, the first-anniversary celebration of Bandhan Bank was attended by the President of India, Shri Pranab Mukherjee. For mobile banking, the Bandhan bank has launched m Bandhan app which is available for download on google play store and apple store. The users can check their account information and make money transfers through the app.

Get your free Credit report that cost  Rs 1200 for FREE

1. Build your Credit Score

2. Reduce your Current Borrowing / EMI Costs