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Wedding Loan from Indian Overseas Bank in Durgapur

Durgapur, situated in the Burdwan district of the Indian state of West Bengal, is Indias second planned city. It is the third largest city in West Bengal and is also known as the "Ruhr of India." It lies beside the Damodar River and is the only city in the eastern part of India to have an operational dry dock. The city is a base of industrialization in East India owing to it coal-rich belt which supports the flourishing steel, cement, thermal power and chemicals industries. Large-scale industries like the Durgapur Steel Plant, the Durgapur Thermal Power Station, the Durgapur Cement Ltd, Graphite India Ltd, Hindustan Fertilizer Corporation, etc are based out of this city. Education is another sector that has a strong hold on this region. Institutions like National Institute of Technology, National Power Training Institute, Central Mechanical Engineering Research Institute, apart from several Kendriya Vidyalayas and Jawahar Navodaya Vidyalayas School ensure quality education to the youth of Durgapur. Durgapur is not exactly a typical spot for tourism. However, some of the places worth visiting include Durgapur Barrage, Mohan Kumar Mangalam Park, Anand Amusement Park, Rahreswar Shibtola, Ram Mandir, Deul Park, Garh Jungle, etc.

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Low interest rate Wedding Loan in Durgapur, 10 August 2020 from Indian Overseas Bank

In 2000, Indian Overseas Bank engaged in an initial public offering (IPO) that brought the governments share in the banks equity down to 75%. In 2001, the IOB acquired the Mumbai-based Adarsha Janata Sahakari Bank. Then in 2009, the bank took over Shree Suvarna Sahakari Bank, which was founded in 1969 and had its head office in Pune. Since 2006, Shree Suvarna Sahakari Bank had been in administration. It had nine offices in Pune, 2 in Mumbai and 1 in Shirpur. The total strength of employees was estimated to be more than 100. On 29 August 2003, the Indian Overseas Bank has opened an extension counter at New Kathiresan Temple complex, Bambalapitiya, Ceylon. The IOB opened a representative office in Guangzhou, China in 2005 followed which the bank opened another representative office in Kuala Lumpur and 2009 in Dubai, UAE. In the new millennium, international expansion started once again. The bank took over Bharat Overseas Bank in 2007. After three years, Malaysia granted a commercial banking license to a local bank jointly owned by BOB, IOB, and the Andhra Bank. The new bank named, India International Bank ( IIB Malaysia), began its business in 2012 in Kuala Lumpur and had a large population of Indians. The Andhra Bank holds a 25% stake in its joint-venture, BOB owns 40%, and remaining 35% is with IOB. On 31 August 2013, the Indian Overseas Bank has opened an offshore banking unit in Colombo, Sri Lanka. The bank also converted its existing Extension Counter at Ceylon into a full-fledged branch.

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2. Reduce your Current Borrowing / EMI Costs