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Advance Salary Loan from Jammu & Kashmir Bank in Warangal

Warangal is an important city in the Indian state of Telangana, which is the second largest in the state right after the capital city Hyderabad. The city is dotted with monuments and flouts a rich religious as well as cultural history. Warangal serves as the headquarters of Warangal Urban as well as Rural Districts. The city is divided into 58 political wards where with ward represented by an area comparator. Warangal has seen a rapid growth and urbanization in the recent years. Agriculture is the main economic activity. However, water crisis prevails and farming relies on irrigation depending mainly on the monsoons. Paddy, cotton, mango and wheat are some of the crops grown extensively in this area. Warangal has notable educational institutions such as the Kakatiya University, the Kakatiya Medical College and NIT Warangal. There are lots of attractions in and around Warangal for casual tourists as well as for students of history and culture. The Warangal Fort, Thousand Pillar Temple, Pakhal Lake, Kakatiya Rock garden, Kakatiya Musical Garden, Badhrakali Temple, etc are great places to visit in Warangal.

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Low interest rate Premium Bike Loan in Warangal, 27 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.

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