Tripura Gramin Bank

Tripura Gramin Bank
Public
Industry Banking, Financial services
Founded 21 Dec 1976
Headquarters Agartala, India
Area served
Tripura State
Key people
Upendra Sabar
(Chairman )
Products Credit cards, consumer banking, corporate banking, finance and insurance, investment banking, mortgage loans, private banking, wealth management
Website www.tripuragraminbank.org/tgb/default.aspx

Tripura Gramin Bank[1] (TGB) (Hindi: ) is a Regional Rural Bank established on 21 December 1976 in terms of provisions of Regional Rural Banks Act 1976. The bank is sponsored by United Bank of India & is jointly Owned by the Government of India, Government of Tripura and UBI.

The shareholders of the Bank are Govt. of India (50%), United Bank of India (35%) and Govt. of Tripura (15%). The Bank is operating in eight districts of Tripura State with its Head Office at Agartala. The bank has three Regional Offices functioning at Agartala (West Tripura), Udaipur (South Tripura) and Kailashahar (North Tripura).

History

The bank was established on 21.12.1976 with only four branches(AGARTALA,BISRAMGANJ,BISHALGARH & JOLAIBARI). However, presently it has grown to a network of 142 branches operating in eight districts in the State. Out of them 101 branches are in rural areas, 31 are in semi-urban areas and 10 are in urban areas(as per July 2015 statistics). In 2010, the bank launched its Core Banking Solution. ATM facility has now been extended almost all branches.

Board of Directors

The bank's affairs are conducted by a Board of Directors[2] consisting of the following persons :-

Rate of interests

    Period of Deposit         Other than Sr.Citizen          For Sr.Citizen
      7 to 14 days                  5.00                          5.00
      15 to 29 days                 5.00                          5.00
      30 to 45 days                 5.50                          5.50
      46 to 60 days                 8.00                          8.00
      61 to 90 days                 8.00                          8.00
      91 to 180 days                8.00                          8.00
      181 to 269 days               8.00                          8.00
      270 to 1 year                 8.00                          8.00
      1 to 2 year                   9.00                          9.50  
      2 to 3 year                   9.00                          9.50 
      3 to 5 year                   8.75                          9.25  
      5 year and above              8.75                          9.25

See also

References

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