Malwa Gramin Bank(MGB)

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Bank

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 68 branches in five districts of Punjab, out of which 63 are in rural area, 4 in semi urban area and 1 in urban area. Its deposits and advance as on 31.03.2014 are Rs 879.81 crores and Rs 864.55 crore respectively. It is a profit earning bank and its profit and reserves as on 31.03.2014 are Rs 14.53 crores and Rs 125.47 crores respectively..

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Website: 
http://www.malwagraminbank.com/

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