The Bank was established on 01-12-1978. The area of operation of the Bank comprises three districts namely Gulbarga, Bidar and Yadgir. The present Branch network is 119, of which 94 branches functioning in rural area, catering to the needs of farming community, rural artisans and other rural mass. Krishna Grameena Bank is pioneer in promoting & extending financial assistance to Self Help Groups (SHGs). It offers home loan, personal loan, vehicle loan, agricultural loan, business loan etc.
Purpose -For raising different types of field crops
Eligibility – All the farmers are eligible
Loan amount – As per scale of finance/need base for different kinds of crops
Disbursement – Immediately after sanction and documentation
Security Margin – Up to Rs.50, 000/- > Loan agreement
Above Rs.50, 000/- > Equitable/registered mortgage on landed property
Margin – 10%
Repayment – After harvest and marketing of agriculture produce.
Documents –
a) Loan amount up to Rs.50, 000/- :
(i) ROR
(ii) Holding Certificate
(iii) No due certificate
(iv) Photos (3)
b) Above Rs.50, 000/- :
(i) ROR
(ii) Holding Certificate
(ii) No due certificate
(iii) Photos
(iv) Encumbrance Certificate
(13 years)
(v) Legal opinion
(vi) Mortgage deed with Sub-Registar