Malwa Gramin Bank is a Regional rural bank under the protégé of State Bank of India(SBI). Malwa Gramin Bank was formed in 27th February in the year 1986. The starting capital was of the order of 1 crore. On 29th of July in the year 2010, Malwa Gramin Bank turned into a 100% computerised Bank. As on date, it has established 89 branches distributed throughout the five districts of Punjab. 83 branches are situated in rural areas. 5 branches can be found in semi-urban areas while 1 is in urban locality.
Malwa Gramina Bank is a profit oriented bank. It provides customised services just like all commercial banks. However, customers must be aware of their specific branch details in order to make a transaction. Every branch has a unique IFSC code.
It is crucial for persons who are applying for RTGS or NEFT transaction. For instance, Malwa Gramina Bank has a branch situated in Sangrur with an IFSC code of SBIN0RRMLGB.
|Bank||Malwa Gramina Bank|
|Address||Near Barra Chowk, SANGRUR, Punjab- 148001|
|Phone Number||01672-241631, 23744, 232456, 233449|
Malwa Gramina Bank provides various loan schemes such as consumer loans and home loans for its valued customers. In addition, loan facilities are available for catering to capital needs of traders like petrol pump dealers. Loan is available for those who want in invest in the purchase of cars or expenditure or festivals. Since the bank is for rural classes, it also provides facilities like M.G.B. Kisaan Credit Card for its clients. In addition, the bank provides many schemes for meeting business needs of small and medium enterprises in the local area.
If customers have any query regarding the procedures or facilities, they need to call on the toll free number 01672-232456. The bank provides 24×7 services for resolving customer queries or recent updates.