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 Head Office at Varanasi with a view to cater the need of rural and downtrodden people of Kashi, the oldest city of the world. The bank offers loans such as home loan, personal loan, educational loan, agricultural loan etc.
Purpose – To provide loan for consumption need to employees of Government, Semi government, public sector undertaking or institutions.
Eligibility – Permanent employees of the above mentioned institutions whose salary is disbursed from our branch
Loan Amount – 10 times of 50% of net monthly income after all deductions or Rs.1.50 lack whichever is less. Loan up to Rs.2.00 lack if liquid security is offered;
Type of Facility – The borrowers are given special offers such as cash credit limit
Period of Loan – 1Year