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Wedding Loan from Federal Bank in Danapur

Danapur is located in the Indian state of Bihar. It is a satellite town of Patna. The town is also known as Dinapur or Dinapur Nizamat. It is a part of the Patna Metropolitan Region and houses nearly 2 lakh residents. Danapur became a municipality in 1887. Located on the banks of the Ganges, Danapur houses one of the oldest river ghats, known as the Flagstaff Ghat, which was built in 1859. Danapur is a shelter, as well as a hatchery, for the migrating Siberian cranes, that are locally called Janhgil. These birds visit Danapur during the monsoon season every year for breeding and leave before the onset of winter. Other places worth visiting in and around this city are Gurdwara Handi Sahib in Danapur is a renowned pilgrimage for Sikhs. The Naulakha temple at Danapur, along with several other historical buildings constructed by the British are places worth visiting in this town.

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Low interest rate Wedding Loan in Danapur, 21 January 2020 from Federal Bank

The Federal Bank Limited or the Travancore Federal Bank Limited was incorporated on 28th April 1931 with an authorized capital of Rs.5000/- at Nedumpuram, a place near Tiruvalla in Central Travancore under the Travancore Companys Act. It started the business of auction and other banking transactions, connected with agriculture and industry. Shri K P Hormis and his close relatives or friends obtained a controlling interest in the Bank in 1944. On 26th January 1946, the Bank opened its second branch at Angamally. The Bank was licensed under Section 22 of the Banking Companies Act, 1949 on 11th July 1959. In 1970, the Bank got the license of a Scheduled Commercial Bank, which also coincided with the Silver Jubilee Year. In 1972, It witnessed expansion beyond the home state, and the Bank became an Authorised Dealer in Foreign Exchange in 1972. International Banking Department started functioning from Mumbai in 1973. Since then, the Bank could substantially increase its market share of the NRI business. In 1982, the International Banking Department of the bank was later moved to Cochin for centralization of activities. The Bank opened 53 branches during the year 1975 and 42 offices 1976. The total number of offices reached 276 from 114 in 1973. Commenced Merchant Banking Operations in 1989.

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