Karnataka Vikas Grameena Bank - 2018-2019 StudyChaCha

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  #1  
Old May 31st, 2016, 07:07 PM
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Default Karnataka Vikas Grameena Bank

Can you list me the Products and Services as offered by Karnataka Vikas Grameena Bank (KVGB)? Also tell me about the area of Operations of the Karnataka Vikas Grameena Bank (KVGB) too?
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Old June 1st, 2016, 09:21 AM
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Default Re: Karnataka Vikas Grameena Bank

The Karnataka Vikas Grameena Bank (KVGB) is a Regional Rural Bank which was constituted in 2005 after amalgamation of four Regional Rural Banks (RRBs) namely Malaprabha Grameena Bank, Bijapur Grameena Bank, Varada Grameena Bank and Netravathi Grameena Banks.

It was chosen for the award for excellent performance in implementation of the solar home lighting scheme of the Ministry of New and Renewable Energy (MNRE), Government of India

Area of Operations

Head Office of the Bank is situated at Dharwad, Karnataka. It is currently operating in 9 districts in the State which are:-

Bagalkote
Belgaum
Bijapur
Dakshin Kannad
Dharwad
Gadag
Haveri
Udipi
Uttar Kannad

Products and Services

The deposit products of the bank constitute:

Savings Bank Account
Vikas Premium Savings Bank Account
Vikas Special Premium Savings Bank Account
Jeevan Prabha SB Account
Current Account
Sanchayani Deposit
Fixed Deposits
Akshaya Cash Certificate
Nirantara Deposit
Vikas Premium Flexi Deposit
Vikas Special Premium Fixed Deposit
VikasTax Saving Deposit

The bank also provides several loan products and services such as:
VikasTax Saving Deposit
VIKAS NIRANTARA DL on Pigmy
VIKAS SUVARNA Jewel Loan and Over Draft
VIKAS LAGHU UDYAMI CREDIT CARD Laghu Udyami Credit Card
VIKAS SWAROJGAR CREDIT CARD Swarojgar Credit Card
VIKAS KIRAN Solar Home Lighting & Water Heating Systems
VIKAS KALYANA -Loan on pledge of Agriculture Produces

Board of Directors

Shri S Ravindran
CHAIRMAN

Shri G. Jeyakumar
DGM, Reserve Bank of India

Shri A.P. Nanda
DGM NABARD, Bengaluru.

Shri B.R. Hiremath
AGM Syndicate Bank Bangalore

Shri Ravindranath Shetty.S
DGM, Syndicate Bank, RO Hubli

Smt Sushma Godbole
Chief Executive Officer, Zilla Panchayat, Dharwad.

Smt Sindhu B
Deputy Secretary, Finance Dept Government of Karnataka.
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