MALWA GRAMIN BANK
   
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    Fax :  01672-234049
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  M.G,.B Festivals Loans

 

Objective

The main purpose of the this scheme is to fund the different festivals like Diwali, Gurpurab, Basakhi, Durga Puja etc. The bank provides the finance to  to enjoy these festivals.

Eligibility

This loan is for Govt/Non-Govt./Public/Private sector undertaking/corporation employees having the confirmed services of atleast two years and off cheque Facility.

Loan Limit

 3 times  the Basic salary of the employee

Max of 25000/-

Interest

Min of 14.0% (per annum)

Margin

 No Margin

Security

1.Cheque of Facility

2.Third Party Guarantee which is acceptable to Bank

Repayment

10 equated monthly installment

 

                                                                                        

 
 
 
   News and Update
 

In order to provide excellent service to its customers, Malwa Gramin Bank imitated the process of computerizatin of its branches on 7th July 2005 and become a 100% computerized Bank on 13.10.2005 with full computerization of its all branches.Hon'ble Shri Yogesh Aggrawal ,Managing Director, State Bank of Patiala graced the occasion with his presence as the chief Guest of the function organised to celebrate the cent per cent computerization of Malwa Gramin Bank at its last computerized branch i.e. Badochi Kalan (District Fatehgarh Sahib) and declared Malwa Gramin Bank a "100% Fully Computerized Bank".

 Agriculture Debt Waiver

 

The List of Debt Waiver customers of Malwa Gramin Bank.
               
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