Jharkhand Gramin Bank
Jharkhand Gramin Bank has the head office in Ranchi, the capital of Jharkhand state. Sponsored by the Bank of India was established on June 2006 by merging of four regional rural banks namely, Hazaribag Kshetriya Gramin Bank, Ranchi Kshetriya Gramin Bank, Giridih Kshetriya Gramin Bank, and Singhbhum Kshetriya Gramin Bank.
It was established so that, by providing credit and other facilities in the rural areas, to develop the agriculture, industry, commerce, trade, and other productive activities particularly to the small and marginal farmers, artisans, agricultural laborers or small entrepreneurs. JGB operating in 15 out of 24 districts with a network of 224 branches, under the jurisdiction of 4 region offices: Ranchi, Singhbhum, Hazaribagh, and Giridih.
Jharkhand Gramin Bank IFSC Code
Jharkhand Gramin Bank branches are operating in all the state districts: Bokaro, Chatra, Dhanbad, and so on. To each one allocated the IFSC Code, the last six characters representing branch code. This IFSC Code is used for National Electronic Fund Transfer (NEFT) and for Real Time Gross Settlement (RTGS). For example, for JGB located in the state of Jharkhand, Bokaro district, Chas city, the IFSC code BKID0JHARGB.
Jharkhand Gramin Bank branches
Jharkhand Gramin Bank is offering debit and credit cards such as Bharat Card, and Classic, Gold, and Platinum VISA cards. It also offers different insurance schemes like life insurance, car insurance or health insurance.
This bank has different kind of deposits like fixed deposits, savings accounts, recurring deposit or NRI deposit. The fixed deposited interest rates give to persons the option of investing a fixed amount of money for a specified period of time, from 7 days to 10 years, attracting the customers with a slightly higher rate of interest compared with Public Sector Bank, so that expanding the customer base and attracting more deposits. For example, a deposit with a maturity period of 30 days will have the annual interest rate of 4.50%, and for 60 days it will be 6.00%.
Recurring deposits are one of the best ways to inculcate the regular habit of saving for some future needs, and popular among the salaried persons. So, a pre-specified amount deposited at periodic intervals from a minimum of 6 months to a maximum of 10 years. These deposits have compound interest so that on the deposit maturity date, the person will receive the principal and the interest earned.
By mobile phone services through VGB M Banking app, one offers the possibility to have complete access to the bank transactions such as checking online the balance enquires, deposits, fund transfer or you can also pay your utilities or the credit card bills. You can check it on Saturdays, Sundays and even on holidays with no fees.
Head Office Address
Jharkhand Gramin Bank
(A Government of India Undertaking
Pin code:834 001,
Telephone Nos. : 0651 – 2202120, 6450374, 6450375,
Fax: 0651 – 2330338,
Email : HeadOffice.firstname.lastname@example.org,