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Wedding Loan from Indian Overseas Bank in Rohtak

Rohtak is a developing city in the Indian state of Haryana. It is a part of the National Capital Region and also functions as the administrative headquarter of the Rohtak district. The ancient Vedas record the name of this city as Rohtashgarh, which, over a period of time, got modified to its modern name. The city is dotted with ancient ruins that are considered to be from the Indus Valley Civilization. The Haryana State Industrial and Infrastructure Development Corporation or HSIIDC has developed an Industrial Model Township at Rohtak which houses multiple MNCs like Maruti Suzuki, Asian Paints, Coca-Cola Plant, Nippon Carbide, Super Gas, Suzuki Motorcycle, HITech Plast, Lotte India Corporation Limited, Amul Dairy, Shivam Autotech Ltd., Vita Milk Plant, etc. The city is being strategically developed so that it is selected as a smart city in the future with new residential areas, a healthy environment, and well-maintained roads. A few areas of tourist interest in and around Rohtak are Gurudwara Manji Sahib Lakhan Majra, Rohtak Zoo and Tilyar Lake.

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Low interest rate Wedding Loan in Rohtak, 26 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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