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Oriental Bank of Commerce opens its branch in Leh
By Rigzin Wangmo
LEH,
Nov 02, 2017
LEH :
Oriental Bank of Commerce opened its first branch in Leh setting a total of 2381 branches on October 21 at Padma Wangtak Complex, Leh.
The bank was inaugurated by Subhash Gupta, Deputy General Manager, CMH CLASSIC branches Chandigarh and Nawang Thakur was appointed as Manager of Leh Branch.
Subhash Gupta said, “Oriental Bank of Commerce is a public sector bank which was nationalized in 1980 and is counted among the top 10 banks in India. It is fully (CDs) certificate of deposit enabled bank that will provide all kind of facilities to cater the needs of the people of Leh.
All sorts of loans and facilities will be sanctioned in the branch itself and procedure for every facility is easy”.
He hoped that people of Leh will take all benefit of it and also informed that there are attractive schemes for defence people also.
The branch in Leh will have the facilities of deposits, retail advances (Vehicle loan, Housing loan, Education loan), Mudra loan, loans to small traders, POS and payment Gateway facility, MSME (Micro, Small and Medium Enterprises) loans, Hotel budget loans, Personal loans, Locker facility, I-banking, SMS facility, Mobile banking, anywhere banking and free ATM Debit card.
Oriental Bank of Commerce (OBC) was established on February 19, 1943, in Lahore, Pakistan under its founding father, Late Rai Bahadur Lala Sohan Lal, the first Chairman of the Bank. It is one of the public sector banks in India. Within four years of coming into existence, the country partitioned, the Bank shifted its Registered Office from Lahore to Amritsar. The Oriental Bank of Commerce was nationalized on April 15, 1980, and is ranked 19 among the 20 nationalised banks.
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