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?

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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Answered By StudyChaCha Member