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Wedding Loan from Indian Overseas Bank in Motihari

Motihari is located in the East Champaran district of Bihar. It falls under the Tirhut Division of the state and functions as the headquarter of its district. The place is quite near to the country border between India and Nepal as well as India and Bangladesh. Motihari is known for its wonderful scenic beauty. The picturesque Motijheel Lake is of stunning beauty and it divides the town into two parts. The Gandhi Sangrahalaya in Motihari is known for its collection of relics and photographs of the Satyagraha at Champaran. The Gandhian Memorial Pillar at Motihari is another famous landmark of Motihari. The city has more than 1 lakh residents who mainly speak in Hindi and Bhojpuri.

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Low interest rate Wedding Loan in Motihari, 19 January 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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