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Advance Salary Loan from Lakshmi Vilas Bank in Munger

Munger, along with Jamalpur, is considered to be a twin city situated in the Indian state of Bihar. It functions as the administrative headquarters of the Munger district as well as the Munger Division. Munger, situated on the banks of the holy Ganga, was an ancient seat of rule. Asias largest and oldest railway workshop, which was set up by the British in 1862, is operated by the Indian Railways at Jamalpur. Munger has an ITC Factory established by the British along with a Gun Factory, ITC Milk Dairy and many others. Munger has a strong network of railway and roads, connecting it to all the important neighboring areas. The places in and around Munger that are worth visiting are Munger Fort, Chandika Asthan, Kastaharni Ghat on the Ganges, Khanqah Rahmani, Bhimbandh Wildlife Sanctuary, Yoga Ashram, Rahmani Foundation, etc.

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Low interest rate Premium Bike Loan in Munger, 05 April 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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