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Advance Salary Loan from state Bank of Travancore in Vellore

Vellore is a city as well as the administrative headquarters of the Vellore District of Tamil Nadu. It is a part of Tondaimandalam or Tondai Nadu. Located beside River Palar, Vellore has been ruled by various rulers such as the Pallavas, the Cholas, the Vijayanagar Empire, the Rashtrakutas, the Carnatic kingdom and the British. Legend says that the region housed many Velan (or Babul) trees, which gave the name "Vellore" to the city. The city of Vellore is the stronghold of the Arcot Mudaliars population. The other largest communities in the city are the Balija Naidus and the Muslims. The city has four zones that are further sub-divided into 60 wards for civic administration. Vellore is being developed into a smart city as per PM Narendra Modis Smart Cities Mission. Vellore is the home to two of Indias top educational institutions - Vellore Institute of Technology (VIT) and Christian Medical College & Hospital. The city is a major center for medical tourism in the country as people from all over the country travel to Vellore to seek various treatments. Moreover, Vellore is the top exporter of leather products in the country. The countrys biggest explosives manufacturing company is located in Vellore. It is called the Tamil Nadu Explosives Limited (TEL). The Vellore Fort, Srilakshmi Golden Temple and Sri Jalakandeswarar Temple are few of the places worth visiting in Vellore.

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Low interest rate Premium Bike Loan in Vellore, 14 November 2019 from state Bank of Travancore

the State Bank of Travancore (SBT) was a premier Indian bank based in Thiruvananthapuram, Kerala. The SBT was a sister concern of the State Bank Group, but it also had private shareholders. SBT was the leading bank of Kerala. It had a network of 1,157 branches and 1,602 ATMs across India, as of 31 March 2015. The Union Cabinet approved the proposal of combining SBT and four other associate banks with SBI, on 15 February 2017. On 31 March 2017, It finally merged with its parent SBI bank. It was founded on 12 September 1945 as the Travancore Bank Ltd, an initiative by Travancore Diwan C. P. Ramaswami Iyer. Due to widespread resentment against his dictatorial rule, the bank never gave him the credit of his role. Instead, Sri Chithira Thirunal Balarama Varma, the Maharaja of Travancore was considered as the founder of the bank, though the king had little to do with the founding of the SBT bank. Although the contribution of the Travancore government was 25% only in the bank capital, apart from its general banking business, the bank undertook government treasury work and foreign exchange business. Its head office was located at Thiruvananthapuram. It became a subordinate of State Bank of India under the SBI Subsidiary Banks Act, 1959, in 1960, enacted by the Parliament of India, and thus achieved the name state Bank of Travancore.Ms. Arundhatti Bhattacharya is the ex-officio chairman, and Mr. CR Sasikumar is the managing director of the SBT.

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