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Advance Salary Loan from Jammu & Kashmir Bank in Mirzapur

Mirzapur is an important city in Uttar Pradesh. It hosts more than two million residents. The Ganges meets with Vindhya Range in the vicinity of the city and thus accounts for the scenic locations. The city is encompassed by several hills and has many waterfalls and natural spots. It functions as the headquarter of the Mirzapur district. Mirzapur is known for its carpets and brassware industries which are manufactured in the city and exported worldwide. These industries drive the economy of the city. The city was mostly built by the British and hosts plenty of memorials and architectural wonders from the colonial era. The clock tower in Mirzapur is highly significant as the longitude of Indian Standard Time at 82.5? passes through it and the Indian Standard Time is calculated from here. Mirzapur is known for the holy shrine of Vindhyachal, Ashtbhuja and Kali Khoh. It hosts the famous Devrahwa Baba ashram.

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Low interest rate Premium Bike Loan in Mirzapur, 03 August 2020 from Jammu & Kashmir Bank

The J&K Bank is a private sector banking and financial services company based in Srinagar, Jammu, and Kashmir. J&K Bank established on October 1, 1938, was the first bank in the country to emerge as a state-owned bank. On 1 October 1938, the Jammu and Kashmir Bank was founded by Maharaja Hari Singh (the Maharaja of Jammu and Kashmir). The eminent investors were invited by the Maharaja to become the founding directors and shareholders of the bank. The most notable investors were Abdul Aziz Mantoo, Pesten jee, Pandit Sriniwas Magotra, and the Bhagat Family, all of whom acquired a significant holding in bank shares. On 4 July 1939, the bank commenced the operations, and it was declared as the first semi-state-owned bank of with participation in capital by State and the public under the control of State Government. The bank had achieved the status of a scheduled bank In the year 1971 and was recognized as an "A" Class bank by the Reserve Bank of India in 1976. The bank had to face severe difficulties during independence time as out of its ten branches two branches of Muzaffarabad, Rawalakot, and Mirpur fell to the other side of the line of control (now Pakistan administered Kashmir) along with cash and other assets. As per the regulations of Indian Companies Act 1956, the bank was declared as a government company following the extension of Central laws to the state of Jammu & Kashmir.

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