Union Bank of India had sponsored four RRBs in India out of which three were in U.P namely, Kashi Gramin Bank, Gomti Gramin Bank and Samyut Kshetriya Gramin Bank. Samyut Khetriya Gramin Bank established on 6th Jan 1976, with its Head Office at AZAMGARH. It covered 4 districts namely zamgarh,Mau,Gazipur and Ambedker Nagar with its 168 branches.
Gomti Gramin Bank was established on 30th March 1981 with its Head Office at Jaunpur. It had 84 branches covering 6 tehsils and 21 blocks. Kashi Gramin Bank was established on 28th July 1981 with its H.O. at Varanasi with a view to cater the need of rural and downtrodden people of Kashi, the oldest city of the world.
‘Consumer Loan for Pensioners’ is the personal loan offered by the bank to the medical expenditure and other personal expenses of pensioners.
Purpose – To provide loan for emergency medical expenditure and to meet daily needs of pensioners
Eligibility – Pensioners whose pension account is in our bank.
Quantum of Loan – 90% of monthly pension
Repayment Mode – Monthly Installment
Period of Loan – 1 to 3 months
Type of Facility – Secured Overdraft