KGB Bank – Kaveri Grameena Bank

Kaveri Grameena Bank

About Kaveri Grameena Bank

The Regional Rural Banks Act came in the year 1976. According to the Act, the government decided to establish Gramin banks to give the banking facility to the rural people. State Bank of India sponsors this bank. The head office of this bank is in Mysore. Other than the head office this bank has nine more regional offices in all over Karnataka. The places where the regional offices exist are Mysuru, Bengaluru, Hassan, Madikeri, Ramanagara, Mandya, Tumakuru, Chamarajanagar, and Chikmagalur. The IT officers control these Kaveri Grameena Bank (KGB Bank) offices.

regional rural banks RRBs

Branches of KGB Bank

Kaveri Grameena Bank is successfully running in 10 districts of Karnataka. This facility highly benefits the people of this region. This bank came into existence in the year 2012 after joining other 3 banks. The total number of employees here is 1797. The name of the chairman of this bank is Mr. Bhuvannendra Takoor, and Mr. Bhaskar Rao holds the position of the General Secretary of this bank.

Services of KGB Bank

This bank provides a variety of services to the rural people of Karnataka. All kinds of deposit facilities are available here. They have introduced several personal banking schemes, agro banking schemes, and C & I banking schemes, etc. Latest loan facility is available at a low-interest rate. Net banking and mobile banking facilities are also available here. Different ATM counter of the Kaveri Grameena Bank solved the problem of withdrawing money through a long process. This bank offers various educational loan and the agricultural loan which are getting popular day by day. Many people of Karnataka are getting benefited by these facilities.

KGB Bank
Image Source: www.kaverigrameenabank.com

KGB Bank IFSC Code

You can also get the internet banking facility and the facility of NEFT if you use the IFSC Code of the bank. The Kaveri Gameena Bank IFSC Code is SBMY0RRCKGB. All the Kaveri Grameena Bank branches have the same IFSC code to avoid any transaction problem.


Important Details of KGB Bank