Manage Money

Bank Name

Advance Salary Loan from Jammu & Kashmir Bank in shahjahanpur

shahjahanpur is a town, a municipal corporation as well as the district headquarters of the Shahjahanpur District in the Indian state of Uttar Pradesh. Shahjahanpur was founded by Dilir Khan and Bahadur Khan after they had suppressed the rebellious Katheria Rajputs in the region. These founders were the sons of Dariya Khan, a soldier in the Mughal army during Emperor Jahangirs reign. Indian freedom fighters Ashfaqulla Khan and Ram Prasad Bismil hailed from Shahjahanpur. The city of Shahjahanpur lies at the junction of the Khannaut and Garra rivers. Shahjahanpur is known for its eminent sarod players like Enayat Ali and Ustad Murad Ali Khan. The Rosa Thermal Power Plant in the vicinity of the city contributes towards the economy of Shahjahanpur. Crops such as wheat, gram, millet and potatoes are cultivated in Shahjahanpur. There are a handful of good educational institutions in the area.

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 shahjahanpur, 26 January 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.

Get your free Credit report that cost  Rs 1200 for FREE

1. Build your Credit Score

2. Reduce your Current Borrowing / EMI Costs