Manage Money

Bank Name

Advance Salary Loan from Lakshmi Vilas Bank in Khammam

The growing city of Khammam is located in the district of the same name in the Indian state of Telangana. It also functions as the headquarters of the Khammam district and the Khammam mandal. The citys was once called "Kammam mettu." Munneru, a tributary of River Krishna, flows through this city. Khammam receives much higher annual rainfall than the rest of the state and hence the city has been flooded a few times recently. The city is governed by Khammam Municipal Corporation. Administratively, the city is divided into 41 election wards and 11 revenue wards. There are several colleges in Khammam that offer courses in pharmacy such as Khammam college Of Pharmaceutical Sciences, Browns College Of Pharmacy, etc. The Khammam Fort was constructed in 950 AD by the Kakatiya Dynasty. The fort is perched on a hillock overlooking the city and serves as a major tourist attraction. The Lakaram Lake is also another major tourist attraction. Apart from these, there are quite a few other places in and around the city that are appealing to tourists. Ballepalli, Bhadrachalam, Parnasala, Nelakondapalli are a few among them.

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 Khammam, 30 September 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.

Get your free Credit report that cost  Rs 1200 for FREE

1. Build your Credit Score

2. Reduce your Current Borrowing / EMI Costs