PGB - Products for FI Customers........



Punjab Gramin Bank

offers a range of products for its FI Cutomers;


Basic Saving Bank Deposit Account  

Basic Saing Bank Deposit Account are normal banking service account, having no requirement of minimum balance, services available in the account will include deposit and withdrawal of cash at bank branch as well as ATMs, there will be no limit on the number of deposits that can be made in a month, account holders will be allowed a maximum of four withdrawals in a month, including ATM withdrawals. Holders of ‘Basic Savings Bank Deposit Account’ will not be eligible for opening any other savings bank deposit account in that Bank.

Micro Credit    
  GCC - a General pupose Credit Card with an available/ maximum limit up to Rs. 25000/-
KCC - a Kisan Credit Card forthe agriculturist having amount of limit as per income from the land holding with ROI 7% up to Rs. 3.00 Lac.
  SCC - a Swarozgar Credit Card for working beneficiaries, with amaximumlimit of Rs. 50000/-
Micro Credit through SHGs
Micro Credit to Self Help Groups is avilable in the form of 'cash credit limit' in the ratio of 1:4 of its saving. After one year from the date of first finance the limit can be extended as 1:7 of its saving. Further it can be enahnaced as 1:10 of its saving after completion of one year of second time financing.
Micro Insurance    

Under Tie-up arrangement

with Bajaj Alianz

Tatkal Bima Surksha (only for PGB Customers)- avilable in three small premium option of Rs.2000/-, Rs. 5000/-& Rs. 10000/- for persons aged 18 to 65 years, premium to be paid for 5 years,25 times normal and 50 tomes accidental cover available.

Under Tie-up arrangement

with Bharti AXA

Medical / Health Insurance (only for PGB Customers)- available with small premium Rs. 800/- per person aged up to 55 years, (maximum sum assured 50000/- for accidental hospitalisation) cover avilable for 10 Critical illness + personal accidental + Hospital cash benefit of Rs. 500 per day up to Rs. 10000/-)
NEFT facility
  Remittance facillity for to he PGB Customers is avilable in all the branches, through NEFT
Cash NEFT facility
  Beneficieries can avail Cash NEFT facilty up to Rs. 100000/-, availbale in all the branches - without paying any service charges / commission.
PGB FLCs - established at 12 distructs head quarters at Kapurthala, Firozpur, Mohali, Jalandhar, Gurdaspur, Nawan Shahar, Pathankot, Fazilka, Moga, Hoshiarpur, Amritsar & Rupnagar, are proviidng knlowlegde to the people for various products and facilitis avialble in the Bank for their financial support.

Above detail is a presentation of features of the schemes only. Terms and Conditions will be applicable as mentioned in the respective circulars.

(For more detail contact the nearest branch)