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. The bank offers loans such as home loan, personal loan, educational loan, agricultural loan etc.
Purpose – To provide loan for working capital and fixed assets to small artisans, weavers, self employed, Rickshaw pullers & other micro entrepreneurs
Eligibility – Applicant must be self-employed, artisans, weavers, or small entrepreneur.
Loan Amount – The Maximum loan amount offered by the bank is Rs.25, 000/
Type of Facility – Composite Loan
Period of Loan – Cash Credit Limit is to be renewed in three year; 3 to 5 years in case of term loan.