Saurashtra Gramin Bank and M-Banking

Saurashtra Gramin Bank

Saurashtra Gramin Bank is a Regional Rural Bank created under the RRB Act of 1976. It is an amalgamation of three banks, JRGB, JAGB, and SBGB, driven by SBS (now SBI) in 1978. The Saurashtra Gramin Bank is held jointly by the Government of India, the Government of Gujarat, and the State Bank of India. The bank has a presence in 11 Gujarat districts: Rajkot, Jamnagar, Surendranagar, Junagadh, Amreli, Porbandar, Bhavnagar, Gir Somnath, Botad, Morbi, and Dev Bhumi Dwarka.

Saurashtra Gramin Bank’s mission is to meet the banking needs of the people of Saurashtra by providing excellent products, excellent customer service, and financial improvement to the targeted population through a team of self-motivated employees, advanced technology, and well-defined systems and procedures, and the vision is to build a professionally sound institute to meet the banking needs of the people of Saurashtra, including the deprived masses.

Saurashtra Gramin Bank Gold loan

Customers in India can acquire loans from Saurashtra Gramin Bank with gold jewellery and coins. It is permissible to use the gold loan for both productive and nonproductive objectives, such as medical care, educational expenses, and other unexpected life events.

Eligibility

Applicants must be residents of the service area village/town, ideally existing customers or well-known to the bank, have met KYC requirements, and have a savings bank account with the bank.

Saurashtra Gramin Bank Personal loan

Saurashtra Gramin Bank provides a range of personal loans to salaried and self-employed individuals, as well as retirees, who require funds for a variety of personal and professional purposes.

 Apply Online:

1. Visit the official webpage.
2. Go to the personal loans area on the home page.
3. Download the loan application.
4. Fill it out and attach any necessary documents.
5. Please submit it to the nearest branch and wait for approval.

Apply Offline:

• Visit a bank branch.Meet the officials there.
• And ask for a personal loan application form.
• Go home and fill out the application form, attaching all of the relevant documents.
• Visit the bank location closest to you again to submit the paperwork.
• Now see them again and again to complete the procedures they request.
• Until your house loan is authorised.

Saurashtra Gramin Bank Car loan 

Saurashtra Gramin Bank offers various car lending schemes for both retail and commercial customers. There are various schemes for government employees and individuals who have previously taken out a home loan. Furthermore, the bank provides a programme that allows you to apply for both a car loan and a home loan in one transaction.

Types of car loans :

New Car Loan: For individuals looking for a new automobile. Use this credit to secure a flexible residency of up to 7 years.

Used Car Loan: Use a used car loan to buy a previously owned vehicle with comprehensive records. Get recognised for up to five-year residency.

Advance Against Car: By keeping the car for protection, individuals can also obtain credit against their previously owned vehicles for competent resource support.

Saurashtra Gramin Bank Home loan

Eligibility

• Individuals aged 21 to 70 have an independent and guaranteed net monthly income (NMI) of Rs. 5000/-.
• Agriculturist with a 7-acre farm, an annual net income (NAI) of Rs. 60,000/-, and ages ranging from 21 to 70.

Interest Rates : Interest rates start at 8.80% based on the borrower’s CIBIL report score, LTV ratio, and profile.

Period of Repayment :

Applicants up to 45 years old are permitted a maximum of 25 years (including any moratorium period).
Applicants over the age of 45 are allowed a maximum of 15 years. (including any applicable moratorium period).

How to Open a Savings Account at Saurashtra Gramin Bank

1. First, you must visit the bank branch where you intend to open your account.
2. First, obtain the form from there and fill out all of the mandatory data of the customer’s information and other information in the various parts provided in the designated form, such as name, address, contact number, email id, PAN, kind of account to be opened, nominee’s name, etc.
3. After completing the account opening form, you must attach KYC papers such as PAN, Proof of Address, and Proof of Identity.
4. Some banks require customers to furnish a permanent address and phone number.
5. The banker will review the Account Opening Form and any other documentation submitted. If he is satisfied with these prerequisites, he will move forward.
6. You will be assigned an account number once the banker’s Account Opening Form (AOF) and Other Documents have been verified. You will then be required to deposit the minimum balance in your savings bank account, as specified by the account type.
7. Once your account has been successfully opened, the banker will provide you with a cheque book, passbook, debit card, and other documents, after which you will be able to conduct transactions from your account.

How to open a current account at Saurashtra Gramin Bank

1. To begin, you must first visit the bank branch where you wish to open an account.
2. Obtain the Account Opening Form and fill in all of the relevant details about the client and other information in the various parts provided in the form, such as name, address, contact number, email address, PAN, kind of account to be opened, nominee’s name, etc.
3. After completing the account opening form, you must attach KYC documents specific to the type of account you wish to open, such as a savings account, current account, etc. These documents will also depend on your status, such as individual, HUF, proprietor, partnership firm, company, trust, and so on.
4. The banker will review the AOF and any connected paperwork. If he meets these standards, they will move forward.
5. Following that, you will be granted an account number and need to deposit the minimum sum into your account.
6. After that, the bank will successfully open your account, and the banker will hand you a cheque book, passbook, and other documents before allowing you to begin using your account.

Saurashtra Gramin Bank Mobile Banking

Register on SGB Mobile Banking

• After downloading MB 2.0 from the Play Store or the App Store, click Register.
• Enter the registered mobile number.
• Enter the Account Number.
• Confirm the Account Number.
• Enter Captcha.
• Enter the OTP.
• You have now successfully registered. When you next log in, the system will prompt you to enter your MPIN, TPIN, Security Questions, and Bio-Metric.

View/Download account statement

• Go to My Accounts.
• Account Statement
• Select Account from the drop down.
• Select Transaction for the Current Period or Specific Period.
• Choose view to see transactions on your screen, or pdf to get the statement in pdf format.
• Please keep in mind that the statement can only be seen or downloaded for one year. For example, if a consumer wants a statement for the last three years, he or she must examine and download it three times.

Transfer Funds

There are four categories to consider while transferring monies.

• Fund Transfer (Own Account): This is used to transfer funds to accounts that are associated with the same CIF, i.e., the same customer.
• Fund Transfer Within Bank: This option is utilised when a consumer sends funds to an SGB customer only (not their own account).
• Other Bank Transfer: When a customer attempts to send funds to someone who has an account with another bank, other than SGB. This transfer option includes IMPS, NEFT, and RTGS.
• Quick send: When the customer wishes to send funds without specifying a recipient for both intrabank and interbank transfers. The daily limit for such transfers is only ₹10,000.

Change ATM Password

• Go to ATM Card Services.
• Click on ATM PIN Generation.
• Select the account number with which the ATM card is attached.
• Select the card number.
• Enter new PIN and confirm PIN.
• Enter the OTP.
• Your new ATM password has been successfully configured.

Give a Cheque Book Request

• Go to request.
• Cheque Book Request
• Select the account number for which you want to acquire a cheque book.
• Click on Request.
• You will get a 25-page cheque book for SB accounts and a 50-page cheque book for CA/CC/OD accounts at your registered communication address, as recorded in the bank’s CBS records.

See cheque status

If a customer wants to know how many cheques have been cleared or blocked, this menu is beneficial.

• Go to request.
• Cheque Status:
• Select the account number for which the consumer wants to check the status of their cheque.
• Enter the cheque number range to fix search criteria.
• Select the cheque option for which the customer want to view the cheque status.