MALWA GRAMIN BANK
   
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    Ph  :  01672-232456
    Fax :  01672-234049
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info@malwagraminbank.com

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  History and Profile


Malwa Gramin Bank is a Regional Rural Bank sponsored by of State Bank of Patiala. The Bank was established on 27th Feb 1986 with
Rs 1.00 crore as its capital. The Bank is 100 % computerised on CBS platform. The Bank is serving 371 villages of 5 districts of Punjab with 54 branches. The Bank opened its first branch at Sangrur on 27.02.1986. It became 100% computerised on 13.10.2005 and fully migrated to CBS on 29.07.2010. The bank has achieved tremendous growth in business and completed its glorious 25 years on 27.02.2011. As on 31.03.2011 deposit and advance of the bank stood at  Rs 563.84 crore and Rs 471.62 crore respectivelly. The bank has earned a net profit of Rs 9.35 crore during 2010-11 against Rs 8.86 crore during 2009-10. Its reserves stands at Rs 87.54 as on 31.03.2011.The bank has surpassed the target of 30% additional flow of credit to Agriculture Sector as desired by the Govt. of India.

 

                                                                                        

 
 
 
   News and Update
 

 

 Agriculture Debt Waiver

 

The List of Debt Waiver customers of Malwa Gramin Bank.
               
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