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Advance Salary Loan from Lakshmi Vilas Bank in Bilaspur

Bilaspur is the second largest city in the Bilaspur District, situated in the Indian state of Chhattisgarh. It is believed that Bilaspur had been a colony of a few fishermens huts in the 17th century and has thus been named after a fisherwoman called "Bilasa." The city experiences hot dry summer and mild winters with medium rains during the monsoon. The city is located on the banks of the Arpa River. It is a rain-fed river that originates from the Maikal Range in central India. This region rich in dolomite and is surrounded by the coal mines of the Hasdeo valley as well as verdant green forests. It serves as the headquarters of South Eastern Coalfields Limited. The Arpa river passes through the center of the city and there are many river view areas built in the area for recreational purposes. The city is known for its unique aromatic rice variety called Doobraj rice and its intricate handloom weaved colorful soft Kosa silk saris. These drive the economy of the state along with the mining industry. Bilaspur connects tourists to a plethora of interesting tourist spots such as Amarkantak, Achanakmar Wildlife Sanctuary and Tiger Reserve, Malhar, Ratanpur and quite a few dams in the vicinity.

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Low interest rate Premium Bike Loan in Bilaspur, 28 January 2020 from Lakshmi Vilas Bank

In 1926, seven businessmen of Karur founded Lakshmi Vilas Bank under the leadership of Shri V.S.N. Ramalinga Chettiar. They aimed to serve the financial needs of people who were occupied in trading businesses, industry and agriculture, in and around Karur. The bank was established on November 3, 1926, under the Indian Companies Act, 1913, and on November 10, 1926, it obtained the certificate to commence business. After the Banking Regulations Act was introduced in1949, the bank received its banking license from RBI and became a scheduled commercial bank? revealing its capability to operate as a full-fledged commercial bank. Lakshmi Vilas Bank did considerable expansion of its branch network from 1961 to 1965, when the bank took over nine other banks. The bank started the development of its branch network beyond Tamil Nadu in 1974 to take benefit from the additional opportunities across India. Thus, offices were established in the neighboring states of Karnataka, Andhra Pradesh, and Kerala, critical financial centres like Kolkata, Mumbai and New Delhi, as well as in other prominent business centers in Madhya Pradesh, Maharashtra, and Gujarat.

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