Baroda Rajasthan Kshetriya Gramin Bank

Baroda Rajasthan Kshetriya Gramin Bank

Baroda Rajasthan Kshetriya Gramin Bank is sponsored by the Bank of Baroda and it was established on 3rd February 2006 by the amalgamation of Marudhae Kshetruya Gramin Bank, Arawali Kshetriya Gramin Bank, Bundi-Chittorgarh Kshetriya Gramin Bank, Dungarpur-Banswara Kshetriya Gramin Bank and Bhilwara-Ajmer Kshetriya Gramin Bank. The bank has around 267 branches that provide services to around 12 districts.

Baroda Rajasthan Kshetriya Gramin Bank Offerings

The following points show us why Baroda Rajasthan Kshetriya Gramin Bank is better than any other bank: –

• Competitive interest rates
• Flexible tenures
• No cap on the maximum amount of FD
• Nomination facility available
• Senior citizens can enjoy higher rates

Baroda Rajasthan Kshetriya Gramin Bank Loans Offered

The Bank offers different kinds of loans such as:

• Gold Loan
• Personal Loan
• Car Loan
• Home Loan
• Credit card

Gold Loan

The Baroda Rajasthan Kshetriya Gramin Bank Gold Loan is summed up as under:

1. The interest rate is 7% per annum.
2. The processing fee is 0.75% of the loan amount.
3. The tenure of the loan ranges from 12 months to 48 months
4. The schemes offered are Bullet Repayment, Overdraft Scheme.

Personal Loan

The Baroda Rajasthan Kshetriya Gramin Bank Personal Loan features are as follows:

• The age of the applicant has to be between 21 to 58 years
• The CIBIL score has to be above 650
• The tenure ranges from 12 months to 60 months
• The minimum amount of loan is Rs. 5000/-
• The maximum amount of loan is Rs. 20 lakh.

Car Loan

The Baroda Rajasthan Kshetriya Gramin Bank Car Loan is discussed in these points:

• The interest rate has to be 7.05% per annum
• The minimum amount of loan is Rs. 1,00,000
• The tenure of loan repayment is 12 to 84 months
• The minimum income salary has to be Rs. 25,000/- per month

Home Loan

The Home Loan features are explained below:

• The rate of interest is 8.50% to 9.25%
• The tenure of the loan is 30 years
• The processing fee is around 0.59% of the loan amount.
• There is minimal documentation

Credit Card

The eligibility criteria of Credit Card is as under:

• All farmers who are individuals or joint borrowers
• Oral lessees, tenant farmers and sharecroppers
• The validity of a credit card is for 5 years and is subject to an annual review
• The aggregate credit in the account during the period of 12 months would be equal to the maximum outstanding.

Net Banking

It provides the facility of net banking. The banking services are a very good option for the customers as all the transactions can be performed directly on the phone. You can register for net banking by:

• Download the app on your phone
• Select the BRKGB for the registration of a bank account
• All the bank accounts registered will be shown in the bank
• Generate the PIN using your debit card

Baroda Rajasthan Kshetriya Gramin Bank Customer Care Number

Customer Complaints

If you want to contact the Bank, you can easily file your complaint on the toll-free number 1800-229-779 or you can mail on their email ID.

How To Open A Savings Account in Baroda Rajasthan Kshetriya Gramin Bank

1. Visit the bank branch.
2. Fill in the Account Opening Form (AOF) for Savings Account
3. Attach the mandatory documents with the AOF form
4. Verification of AOF and other documents
5. Deposit the minimum balance in your savings account

How To Open A Current Account in Baroda Rajasthan Kshetriya Gramin Bank

1. Visit the bank branch.
2. Fill in the Account Opening Form (AOF) for Current Account
3. Attach the mandatory documents with the AOF form
4. Verification of AOF and other documents
5. Deposit the minimum balance in your savings account

 FAQs

✅ What are the various modes of payment accepted in this bank?

A person can make payment via cheques and cash as well.

✅ What are the hours of operation of this bank?

The hours of operation are 10 a.m. to 4 p.m. from Monday to Friday and 10 a.m. to 1 p.m. on Saturdays.

✅ Is PAN Card necessary for a bank account?

Yes, it is compulsory.