Manage Money

Bank Name

Advance Salary Loan from shamrao Vithal Co-op Bank in Ahmednagar

Ahmednagar is a city in the eponymous district in the Indian state of Maharashtra. Ahmednagar has been named after its founder Ahmad Nizam Shah I, who had founded the town in 1494 and established the Nizam Shahi Dynasty. The city still contains innumerable buildings from the Nizam Shahi period. The Ahmednagar Fort, which was famous in the British era as an impregnable building in which the imperial colonizers had housed Indian Nationalists like Jawaharlal Nehru before Indian independence, still stands proudly in the city as a museum. Pandit Nehru had written the famous book "The Discovery of India" during his confinement in this fort. The region is known for its sugar cultivation but often lapses into drought due to the lack of rainfall. The city serves as a strong military base as it houses the Indian Armoured Corps Centre & School, the Mechanised Infantry Regimental Centre, the Vehicle Research and Development Establishment and the Controllerate of Quality Assurance Vehicles. This historic city has many great places worth visiting. Chand Bibi Palace, Cavalry Tank Museum, Rehekuri Blackbuck Sanctuary, Ahmednagar Fort and Meherabad are few of the places in this area that attract tourists.

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 Ahmednagar, 21 January 2020 from shamrao Vithal Co-op Bank

The Shamrao Vithal Co-op. Bank Ltd. or SVC Cooperative Bank Limited, is a banking company incorporated under the Companies Act, 1956 a scheduled bank, and one of the oldest Urban Co-operative Bank in India built in 1906. The bank was set up when co-operation was just started in the country. It was established with the primary aim of helping the less fortunate members of the community under the ambit of its economic enterprises. It was also to encourage savings and to create funds for providing financial aid to deserving members.Mr. Rao Bahadur Shripad Subbarao Talmaki was the chief architect of the Bank. The Bank was initially registered as a Co-operative Credit Society on 27 December 1906. The Bank is present in 10 States of India. Maharashtra, Karnataka, Tamil Nadu, Telangana, Delhi, Rajasthan, Haryana, Goa, Gujarat and Madhya Pradesh. In 1907, cumulative deposit scheme, fixed deposit scheme and saving bank deposit were introduced by the bank. After that in 1911, the facilities for remittance were made available to the members by the draft. In 1913, the cash credit scheme was introduced by the bank. In 1956, facilities were thrown open to all communities. In 1988, the Shamrao Vithal bank was conferred the scheduled bank status.

Get your free Credit report that cost  Rs 1200 for FREE

1. Build your Credit Score

2. Reduce your Current Borrowing / EMI Costs