Thane is a city in the northwestern side of Maharashtra, around 25 kilometers away from Mumbai. Just like Mumbai, Thane experiences a humid tropical climate with heavy rainfall during monsoon. An immediate neighbor of Mumbai, Thane, is an extremely populous urban agglomeration with nearly two million residents. It is a part of the huge Mumbai Metropolitan Region. Being more of a residential city, the people of Thane mostly work in the service sector of the Mumbai Metropolitan area. Thane generates the fifth largest GDP in the state. Thane holds great records of history. Indias first railroad was laid in Thane and it was the terminus for Asias first ever passenger train which was inaugurated on 6th April 1853. The train connected a stretch of 34 kilometers from Thane to Colaba. The city has rapidly developed and is now well-connected with several neighboring suburbs and other cities through railways as well as roadways. With a handsome share of skyscrapers and plenty of amenities, Thane has become one of the most well-developed and well-planned cities in Maharashtra. Thane provides a great number of opportunities as well as a lifestyle similar to Mumbais. Thane is away from the cacophony of Mumbais city life, yet it is near enough to feel Mumbais lively vibes.
The J&K Bank is a State-owned banking and financial services company based in Srinagar, Jammu, and Kashmir. It was incorporated on October 1, 1938. On 1 October 1938, the Jammu and Kashmir Bank was founded by Maharaja Hari Singh (the Maharaja of Jammu and Kashmir). The bank had achieved the status of a scheduled bank In the year 1971. It had to face severe problems during the time independence when two branches of Muzaffarabad fell to the other side of the LOC (now Pakistan administered Kashmir) along with cash and other assets. It has been designated as the RBIs agent for all the banking related businesses, making it the first bank of its kind. Any savings account opened with the bank will attract an interest-earning which is paid to the customer after every six months. The rate of interest is 4% per annum.The bank provides services through internet banking to its customers. Some of the facilities are: Tax payment, Inquiry of account balance, Account statement generation, Fund transfer facility. Mr. Parvez Ahmed is the chairman and CEO of Jammu & Kashmir Bank.