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Wedding Loan from Federal Bank in Hajipur

Hajipur is the largest city in the Vaishali district of Bihar. It is located in the Tirhut Division and functions as the district headquarters. This city is closely following Patna in terms of rapid development. Hajipur has a total population of nearly 4.5 lakh. It is a leading city in Bihar in terms of growth. Hajipur falls within the territorial boundaries of the Patna Regional Development Authority area. It is linked to Patna via Mahatma Gandhi Setu which is one of the longest bridges in the country, stretching over nearly 6 kilometers. The town was founded by Haji Ilyas Shah, a King of Bengal, and the town has been named after him. The economy of Hajipur is service-orientated as 55% of the total population is employed in the service sector. Hajipur also has a minor industrial sector and an agricultural base. The city is known for its banana cultivation. The industrial area at Hajipur houses brands of FMCG and agro-based companies such as Pepsico, Britaniya, HUL, Godrej, Anmol, Bansal, etc. The various places of interest in and around the city include the Ramchaura Mandir, Kaun Haara Ghat, Nepali Mandir, Pataleshwar Mandir, Bateshwar Nath Temple, Sonepur Cattle Fair, Vaishali Mahotsava, Baithakji Hajipur, etc.

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Low interest rate Wedding Loan in Hajipur, 23 September 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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