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Wedding Loan from ICICI Bank in Allahabad

Allahabad is one of the oldest Indian cities situated in the state of Uttar Pradesh. The city was earlier known as Prayag which was renamed as Allahabad during the Mughal era. Allahabad has played a vital role in the history of the state as well as the country. It lies on the confluence of the Ganga, Jamuna and Saraswati rivers, elevating it to a respectable place in the Hindu religion. It is one of the most populous areas in the state of UP and is divided into 80 wards for administrative purpose, each headed by an elected representative. The economy of the city is mostly dependent on agriculture. The fertile Gangetic plain around the city facilitates this. Other industries that thrive in the city include real estate, banking and tourism. Additionally, there are a host of small-scale units in the glass and wire manufacturing sector. Allahabad is a seat of power in Uttar Pradesh. It hosts a lot of bureaucratic offices, employing a lot of people. Huge companies like Reliance, SAIL, BPCL, HCL are also functional in Allahabad, adding to the employment opportunities. The Allahabad University is one of the oldest and most reputed universities in India. There are other notable institutions in Allahabad such as IERT, Motilal Nehru National Institute of Technology, Ewing Christian college, etc. The major attraction for tourism in Allahabad is the Kumbh Mela which is a sacred rite for Hindus across the world. It gathers lakhs of visitors to the city every year. Few other places to visit in this city include the Allahabad Fort, Alfred Park, Ashoka pillar, the Victoria and Thornhill Memorials, etc.

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Low interest rate Wedding Loan in Allahabad, 06 April 2020 from ICICI Bank

The ICICI Bank is multinational financial services company. It has its corporate office in Mumbai, Maharashtra, India and its registered office in Vadodara, Gujarat, India. The ICICI Bank became the third largest bank in India concerning assets and fourth regarding market capitalization in the year 2017. The bank offers many products and financial services for its corporate and retail customers such as investment banking,non-life insurance, life insurance, venture capital and asset management. The ICICI bank had 4,850 branches and 14,404 ATMs in India alongside the global presence in 17 countries as of 2017. In the year 2000, the ICICIs shareholding in the ICICI bank was decreased to 46 percent in the public offering of shares in India; followed by an equity offering in the form of American Depositary Receipts listed on the NYSE. The Bank of Madura Limited was acquired by the ICICI Bank in an all-stock deal in 2001. The same year ICICI Bank became the first Indian bank to list on the New York Stock Exchange with its five million American depositary shares.

Get your free Credit report that cost  Rs 1200 for FREE

1. Build your Credit Score

2. Reduce your Current Borrowing / EMI Costs