Pallavan Grama Bank

Pallavan Grama Bank

Pallavan Grama Bank, a Regional Rural Bank (RRB), was created by the merger of Pallavan Grama Bank, which the Indian Bank sponsored, and Pandyan Grama Bank, sponsored by the Indian Overseas Bank. The Ministry of Finance issued this notice, Government of India, in a Gazette notification dated 28th of January, 2019, and was made effective on 1st of April, 2019.

Pallavan Grama Bank Offerings

Pallavan Grama Bank offers various kinds of loans such as:

• Car Loan
• Personal Loan
• Gold Loan
• Home Loan

Pallavan Grama Bank offers various kinds of banking such as:

• Net Banking
• Customer Care
• Balance Enquiry

Pallavan Grama Bank offers two kinds of Deposit Accounts such as:

• Savings Account
• Current Account

Pallavan Grama Bank Loans Offered

• Car Loan- Pallavan Grama Bank offers fast auto loans for both new and old vehicles. There are several benefits to obtaining a used automobile loan from Pallavan Grama Bank, including little documentation and quick loan disbursement. In addition, Bank offers loans for used vehicles at a low-interest rate to customers to purchase their ideal car, whether new or old. This loan is widely available and may be obtained by anybody who qualifies.
• Personal Loan– A personal loan is a loan that does not need collateral and is paid back in instalments throughout the loan term, which might be up to five years.
• Gold Loan– A gold loan is a secured loan offered by banks at a low interest rate with various repayment alternatives. This loan is typically obtained in a financial emergency, a marriage, or for educational purposes. You must present gold jewellery as collateral; the Bank will grant the loan in exchange. This loan amount is determined mainly by gold weight and purity. If a borrower chooses to check the loan status after applying for one, the Bank offers borrowers the option of online and offline.
• Home Loan- The Pallavan Grama Bank provides qualified Non-Resident Indian Borrowers with NRI house loans at a preferential interest rate that starts at 6.80 per cent. Women borrowers can take advantage of special interest rate reductions. With variable interest rates, there are no prepayment penalties.

Pallavan Grama Bank Gold Loan

A gold loan is a secured loan offered by banks at a low interest rate with various repayment alternatives. This loan is typically obtained in a financial emergency, a marriage, or for educational purposes. You must present gold jewellery as collateral; the Bank will grant the loan in exchange. This loan amount is mainly determined by gold weight and purity. If a borrower chooses to check the loan status after applying for one, the Bank offers borrowers the option of online and offline.

Pallavan Grama Bank Personal Loan

Pallavan Grama Bank offers a personal loan with a reasonable interest rate beginning at 13%. They allow you to apply for a personal loan online with as few documents as possible. You may check the loan status, repayment schedule, and other information by visiting the Pallavan Grama Bank Personal Loan login page. We will now go over the Pallavan Grama Bank Personal Loan login and registration process in detail.

Pallavan Grama Bank Car Loan

Pallavan Grama Bank is a Tamil Nadu-based rural bank and a subsidiary of the Indian Bank. The Pallavan Grama Bank is a cooperative bank that offers various commercial services, including approving loans for used or pre-owned automobiles. The Bank is highly trustworthy and provides the loan at a cheap and affordable interest rate.

• Low-interest rates: The interest rate for a Pallavan Grama Bank Used Car loan begins at 12.75 per cent per year.
• Fast processing: The Bank’s loan procedure is quick and easy, and loans are sanctioned quickly.
• Instant Disbursal: The principal amount of a pre-owned automobile loan is released immediately after approval.
• Online and offline applications are accepted: Applicants can apply for the Pallavan Grama Bank Used Car Loan online and offline.

Pallavan Grama Bank Home Loan

Pallavan Grama Bank is one of the regional rural banks that provides people with financial services. Its headquarters are in Salem, Tamil Nadu. It is a government-owned bank owned by India, the Government of Tamil Nadu, and the Indian Bank. It provides qualified Non-Resident Indian Borrowers with NRI house loans at a preferential interest rate that starts at 6.80 per cent. Women borrowers can take advantage of special interest rate reductions. In addition, with variable interest rates, there are no prepayment penalties.

• Borrowers can take advantage of specific innovative financing options.
• A new property can be readily built.
• Home loan advisory services are also accessible for those who are interested.
• A home loan can be used to acquire a home.
• Affordably priced home loans with a low interest rate.

Pallavan Grama Bank Credit Card

Pallavan Grama Bank Credit Card Bill Payment may be made via various methods, both online and offline. Much trouble can be swiftly compensated. A credit card is issued by a financial institution and is an excellent way to obtain a credit card. It facilitates large-ticket purchases, collects bonus points, receives cashbacks, raises credit score, ATM cash withdrawal with 0% interest, security against fraud, and so forth.

• A credit limit of up to 5 lakh rupees is available.
• A reasonable interest rate of 11.5 to 13.5 per cent.
• Farmers can apply for a unique Kisan Credit Card.
• There is no need for a separate margin.
• The original term is three years.

Pallavan Grama Bank Net Banking

Pallavan Grama Bank merged with Tamil Nadu Grama Bank and operated in 16 districts in Tamil Nadu.

Netbanking is a digital platform that allows clients to access their accounts, move cash from one account to another, open FDs or RDs, and access other banking services. Netbanking is available to all clients who have bank accounts with the Bank. Anyone may access their account using netbanking from any location after logging in with a password and customer ID issued by the Bank.

Pallavan Grama Bank Customer Care Number

Pallavan Grama Bank Customer Complaints

Pallavan Grama Bank had its headquarters in Salem and operated in 16 districts before amalgamation. Except for Chennai, the Pallavan Grama Bank now operates in all 37 districts of Tamil Nadu.

You can contact Pallavan Grama Bank Customer Care Number if you have any questions about the Bank, gold loans, car loans, fixed deposits, ATMs, or NEFT. There will be no charges because the service provided by Pallavan Grama Bank is free, and all of your questions will be answered. If you are dissatisfied with the service, you can also contact senior executives.

How to Open a Savings Account in Pallavan Grama Bank

To create a Savings Account with Pallavan Grama Bank, complete the following steps:

Step 1: Go to a Pallavan Grama Bank branch in person.

Step 2: Fill out the Savings Account Account Opening Form (AOF).

Step 3: Attach any needed (mandatory) papers to the Account Opening Form (AOF)

Step 4: Verification of the Account Opening Form (AOF) and Other Documents by the Banker

Step 5: Make a minimum contribution to your Savings Account following your Savings Account’s criteria.

Step 6: Obtain a chequebook, passbook, debit card, and other papers from the Bank.

How to Open a Current Account in Pallavan Grama Bank

To create a current account with Pallavan Grama Bank, you must first complete the following steps:

Step 1: Go to the bank branch.

Step 2: Filling out an Account Opening Form (AOF) for a Current Account

Step 3: Attach any needed (mandatory) papers to the AOF.

Step 4: AOF and other papers are verified by a banker.

Step 5: Make a little deposit into your account.

Step 6: Go to the Bank and get a cheque book, a passbook, and any other documentation you need.

Pallavan Grama Bank FAQs

✅How do I check my Pallavan Grama Bank balance?

Dial the toll-free number 9289202222 from your registered mobile number and hang up after 2-3 rings. You will receive an SMS with your current balance information within a few minutes. This applies to both Pallavan Grama Bank and Pandya Grama Bank.

✅In Tamil Nadu, how many cooperative banks are there?

There are 29 District Cooperative Unions in Chennai, Kancheepuram, Tiruvallur, Vellore, Cuddalore, Tiruvannamalai, Villupuram, Salem, Namakkal, Dharmapuri, Erode, Coimbatore, Nilgiris, Karur, Perambalur, Trichy, Pudukkottai, Thanjavur, Tiruvarur, Nagapattinam.

✅Is Tamil Nadu Grama Bank a nationalised institution?

The Bank is a government-owned scheduled bank, with equity contributions from the Government of India (50 per cent), the Government of Tamil Nadu (15 per cent), and Indian Bank (35 per cent). NABARD supervises the Bank, which Indian Bank sponsors. The Bank has 630 branches spread over 32 districts in Tamil Nadu.