Saptagiri Grameena Bank – Branches and Schemes

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Saptagiri Grameena Bank –సప్తగిరి గ్రామీనా బ్యాంక్

Saptagiri Grameena Bank – सप्तगिरि ग्रामीण बैंक Gramin or Grameena banks are regional banks operated by the government of India and state government to provide banking and financial facilities to the people living in rural or unreached areas. There are many regional banks operated by the Government of India in different states of India. There are about 57 Gramin banks in India. The Government of India holds the maximum shares in these banks.

Saptagiri Grameena Bank
Saptagiri Grameena Bank

Saptagiri Grameena Bank schemes

This is One od the a regional bank in Andhra Pradesh, India. This bank was established on 1st July 2006 when Sri Venkateswara Grameena Bank and Kanakadurga Grameena Bank were merged into one bank as SGB. It has its head office in Chittoor, Chittoor district, Andhra Pradesh.

 saptagiri grameena bank ifsc code
saptagiri grameena bank ifsc code

This bank serves in Chittoor and Krishna district of Andhra Pradesh. As per RRB Act, 1976 the total capital shares is 500 lakhs of which the majority shares are held by Government of India (50%) followed by Sponsor Bank (35%) and State Government (15%). The bank was awarded the best bank for SHG finance award. Sri B. Suribabu is the present chairman of the bank. The bank total business in March 2015 was Rs 6480 crore.

Saptagiri Grameena Bank Branches

This bank has about 208 branches of which 129 in Chittoor and 19 in Krishna district of Andhra Pradesh. The majority of the branches are in rural areas with some in semi-urban and urban areas too.

The Following are the list of SGB Contact Details

Branch NameAddressPhone No.
AlluruAlluru – 521 34308677 – 283230
Via Korukollu
Mudinepalle Mandal
Pedagonnuru Post
Krishna Dist.
A.RangampetA.Rangampet – 517 1040877 – 2236318
Chandragiri Mandal
Chittoor Dist.
BalliparruBalliparru – 521 36908672 – 241257
Pedana Mandal
Krishna Dist.
BangarupalemBangarupalem – 517 41608573 – 280261
Bangarupalem Mandal
Chittoor Dist.
B.Kothakota6/39,Santha Bazaar08582 – 226637
B Kothakota – 517 370
Chittoor Dist.
Buchi Naidu KandrigaB N Kandriga – 517 64408578 – 277367
B N Kandriga Mandal
Chittoor Dist.
CheemalapaduCheemalapadu – 521 22708659 – 287233
A Konduru Mandal
Krishna Dist.
ChembakurChembakur – 517 417�08581 – 254886
Ramasamudram Mandal

SGB – IFSC Codes

The IFSC code of some of the branches of Saptagiri – Grameena Bank is as follows:

Chittoor Branch – IDIB0SGB001

Gokul Circle, Punganur Brach – DIB0SGB001

Kadiri Road, Madanapalle Branch – IDIB0SGB001

Buchi Naidu Kandriga Branch –IDIB0SGB001

Neppalli Chalivendra Palem – IDIB0SGB001

The IFSC codes for all the branches in each district are similar.

Banking Services and Schemes

The bank provides its account holders with all the banking facilities and financial facilities available. The bank provided schemes are saving accounts, current account, Suraksha accounts, fixed deposit, reinvestment plan, recurring deposit, Kishan credit cards, and General Credit cards.

 saptagiri grameena bank branches
saptagiri grameena bank branches

It also provides loans for dairy, poultry, irrigation, fishery, duckery, sericulture, animal rearing, along with education and housing loans. The Bank also provides car loans and two-wheeler loans. The other marketing services are LIC (Life Insurance Corporation of India) and mutual funds.

Overview

The bank is doing well in the banking sector because it offers 0.75% higher interest rates than other banks. The bank is also extending to arms to the touched village progressively.

Official Website : http://www.saptagirigrameenabank.in:82/


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