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Malwa Gramin Bank is a Regional Rural Bank
sponsored by State Bank of patiala
Malwa Gramin
Bank is a Regional Rural Bank sponsored by
State Bank of Patiala. It was established on
27.02.1986 with a capital of Rs
1.00 crore.
In order to provide excellent service to its
customers, Malwa Gramin Bank became a 100%
computerised Bank and migrated to CBS on
29.07.2010. Our services are at par with the
other Commercial Banks. It has total 54
branches in five districts of Punjab, out of
which 49 are in rural area, 4 in semi urban
area and 1 in urban area. Its deposits and
advance as on 31.03.2011 are Rs
563.84 crore
and Rs
471.62 crore respectively. It is a
profit earning bank and its profit and
reserves as on 31.03.2011 are Rs
9.35 crore
and Rs
87.54 crore respectivelly. NABARD
declared our Bank 2nd best amongst 86 RRBs
of the country on the basis of Financial
Performance during 2008-2009.
Bank
Launches Personal Loan Schemes
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