Uttar Bihar Gramin Bank

Uttar Bihar Gramin Bank

Uttar Bihar Gramin Bank(UBGB) is an RRB( Regional Rural Bank), founded in 1976 after the amalgamation of 2 RRB’s Uttar Bihar Kshetriya Gramin Bank and Kosi Kshetriya Gramin Bank done by the government of India under subsection (1) of Section 23A of Regional Rural Bank Act,1976.

It is one of India’s largest RRB(Regional Rural Bank) in terms of network, branches, area of operations, and staff strength.

Uttar Bihar Gramin Bank Offerings

1. Short term deposit scheme.
2. Gramin lakhpati recurring deposit scheme.
3. Gramin tax saving scheme.
4. Money multiplier deposit certificate
5. Gramin swa-shakti Flexi recurring deposit.
6. Monthly interest deposit scheme.
7. Quarterly deposit scheme
8. (555 Days) Gramin super deposit scheme.
9. Recurring deposit scheme.
10. Current Deposit scheme.
11. Basic saving bank account
12. Savings bank account.
13. Cash credit for working capital
14. Fishery credit card
15. General credit card
16. Housing loan for public
17. The integrated dairy development scheme
18. Joint liability group
19. Kisan credit card
20. Loan for purchase of agricultural land.
21. Loan against mortgage of property.
22. Loan/ overdraft against bank term deposit and approved securities.
23. Vehicle loan for personal use.
24. Prime minister employment generation programme.
25. Sarojgar credit card scheme.
26. Capital subsidy scheme for installation of solar off-grid.
27. Schemes for advances to small road transport operators
28. Temporary overdraft facility to teachers. 
29. Loan for power tiller/agriculture machinery
30. Loans for tractor, harvester, etc. ( for agriculture purposes only)
31. Loan for tractor, harvester, etc. ( other than agriculture)
32. Interoperability
33. Inward Remittances through NEFT 
34. Micro G.C.C.
35. Micro K.C.C.
36. Small Flexi RD
37. SB account with inbuilt overdraft facility – Gramin Vikas Khata

Uttar Bihar Gramin Bank Loans Offered

1. Cash credit for working capital
2. Fishery credit card
3. General credit card
4. Housing loan for public
5. The integrated dairy development scheme
6. Joint liability group
7. Kisan credit card
8. Loan for purchase of agricultural land.
9. Loan against mortgage of property.
10. Loan/ overdraft against bank term deposit and approved securities.
11. Vehicle loan for personal use.
12. Prime minister employment generation programme.
13. Sarojgar credit card scheme.
14. Capital subsidy scheme for installation of solar off-grid.
15. Plans for advances to small road transport operators
16. Temporary overdraft facility to teachers. 
17. Loan for power tiller/agriculture machinery
18. Loans for tractor, harvester, etc. ( for agriculture purposes only)
19. Loan for tractor, harvester, etc. ( other than agriculture)

Uttar Bihar Gramin Bank Gold loan

Gold Loan Eligibility

Process of Obtaining a Gold Loan from Uttar Bihar Gramin Bank

1. The purity of the gold ornaments you bring as securities is verified by the bank.
2. The bank verifies the gold market rate because it determines how much of a loan amount can be sanctioned to you.
3. This bank offers a Loan to Value ratio of 70%, which can be increased to 90% in the event of a high-interest rate.
4. The documents must then be submitted, and an agreement must be signed.
5. The loan amount will be sanctioned and disbursed once the bank makes an offer and you accept it.
6. The fees and charges are deducted directly from your loan amount.

Uttar Bihar Gramin Bank Personal Loan

What is a personal loan?

A personal loan is a sum of money that you can borrow for a variety of reasons. For, e.g., you could use a personal loan to consolidate debt, pay for home improvement projects, or plan your dream wedding. UBGB provides personal loans with minimum possible interest rates.

Features and Benefits of UBGB Personal loan

1. Loan amount maximum
2. There are numerous loan repayment options.
3. Personal loan applications are processed quickly and easily.
4. Rapid loan approval
5. The bank does not require a guarantor.
6. Interest rates that are appealing and competitive
7. They provide special schemes and discounts to large corporation employees.
8. Typically, no security is needed to obtain a personal loan.

For more information and applying procedure, click here. 

Uttar Bihar Gramin Bank Car Loan

Documents Required

1. The applicant’s most recent photograph is required.
2. Age verification- S.S.C., H.S.C., and degree course mark sheets/pass certificates (Optional)
3. KYC (Know Your Customer) paperwork.
4. Identity proof (any of the following): voter’s I.D., P.A.N. card, driver’s licence, passport.
5. Voter ID, P.A.N. card, driving licence, passport, electricity bill, telephone bill, or ration card are acceptable address proof forms.
6. Income proof (anyone): latest salary slip, previous year’s Form 16, bank statement for the last 6 months
7. Bank statement or bank passbook with entries from the previous six months

Repayment

A maximum of 84 E.M.I.s are permitted for a new car loan, and repayment via 36 E.M.I.s to 60 E.M.I.s is allowed for a used car loan. The age of the vehicle also defines the repayment period for a used car.

Security

• The car purchased with a bank loan will be hypothecated to the bank.
• Personal guarantee of one/two people of sufficient means and worth (Optional—for certain banks).

Uttar Bihar Gramin Bank Home Loan

   Home Loan Eligibility

• The applicant must be an Indian citizen or a fully documented non-resident Indian (NRI). He must, in essence, be of Indian origin (PIO).
• At the time of loan maturity, the applicant’s age must be between 18 and 70 years old.
• The applicant must be salaried or self-employed and have a steady source of income.
• The applicant must earn more than the bare minimum.

Document Required

1. Identity Proof- Aadhar Card, PAN Card, Passport, Driving License, Voter Id Card, ID-card issued by Government Aadhar Card, Passport, Driver’s License, Voter ID Card, Electricity/Telephone/Paid Mobile Bill, Bank Statement
2. Passport, birth certificate, PAN card, driving licence, voter id card, employee ID card (only for PSU/ Government employees), school/college leaving certificate are all acceptable forms of proof of age.
3. 16th Form
4. Salary slips for the last six months for salaried individuals
5. Bank Statement for the Previous 6 Months
6. Income Tax Returns (ITR) for the previous three years
7. CA Certified or Audited Balance Sheet and Profit & Loss Account for the previous three years
8. Fee for processing Cheque
9. Copies of the property’s title documents and the approved plan
10. In the case of construction/renovation, a cost estimate from the architect is required.

Uttar Bihar Gramin Bank Credit Card

Uttar Bihar Gramin Bank has introduced the Uttar Bihar Gramin Bank Kisan Credit Card to provide farmers with adequate, hassle-free, and timely credit for agricultural and allied expenses through a single window.

Eligibility

• Farmers who cultivate their land
• Tenant farmers, oral lessees, and sharecroppers, as well as SHG and JLG farmers, are eligible.
• Should not be a bank or financial institution, defaulter.

Uttar Bihar Gramin Bank Net banking

To login into Uttar Bihar Gramin bank net banking follow the following steps:-

1. First, visit the official website of UBGB.
2. Now go to the login section
3. Enter your credentials here
4. Now click on the login button.

Uttar Bihar Gramin Bank Customer Care Number

Uttar Bihar Gramin Bank Customer Complaints

You can complain to your bank branch if you have any complaints or grievances. Still, if the complainant does not receive a response from the bank within 30 days, or if the bank rejects the criticism, or if the complainant is dissatisfied with the bank’s response, they may file a complaint with the Banking Ombudsman.

How to Open a Savings Account in Uttar Bihar Gramin Bank

To open a savings bank account in Uttar Bihar Gramin Bank, you need to follow the below-mentioned steps:

(1) Personally Visit Uttar Bihar Gramin Bank Branch

Firstly, you will require to tour the bank branch in which you want to open your account.

(2) Fill out the Savings Account, Account Opening Form.

First, get the form from there and fill all the mandatory details of the customer’s information and other information in the different sections given in the designated form like name, address, contact number, e-mail id, PAN, type of account to be opened, nominee’s name, etc.

(3) Attach Required all the Mandatory Documents with the Account Opening Form (AOF)

After filling out the account opening form, you need to attach KYC documents like PAN, Proof of Address & Proof of Identity.

Some banks make it mandatory to provide a Permanent address and telephone number.

(4) Verification process will start now

The banker will verify the Account Opening Form and other attached documents. If he is happy with these requirements, he will proceed further.

(5) Now, deposit the Minimum Balance Amount into your Savings Account per the requirements of your Savings Account.

After verifying the banker’s Account Opening Form (AOF) & Other Documents, you will be allotted an account number. You will then be obligated to deposit the least requisite balance in your account as per the account type of the savings bank account.

(6) Now go to the bank and get the Cheque Book, Passbook, Debit Card, and other documents.

Once your account has been successfully opened, the banker will hand over the Cheque Book, Passbook, Debit Card, and Other Documents to you, and you will be able to make transactions from your account.

How to Open a Current Account in Uttar Bihar Gramin Bank

If you require to initiate a current account in Uttar Bihar Gramin Bank, you need to follow these simple below-mentioned steps:

(1) Visit the Bank Branch

For this, first, you need to visit the bank branch in which you need to open your account.

(2) Fill the Account Opening Form (AOF) for Current Account

Get the Account Opening Form and fill in all the necessary details of the customer’s information and other information in the different sections given in the form like name, address, contact number, e-mail id, PAN, type of account to be opened, nominee’s name, etc.

(3) Attach Required Documents with the AOF

After finishing the account opening form, you must attach KYC documents based on the type of account you wish to open, such as a savings account, a current account, and so on. These documents will also be dependent on your legal status, such as Individual, HUF, Proprietor, Partnership Firm, Company, Trust, and so on.

(4) Get your AOF & Other Documents by the Banker

The banker will verify the AOF and other attached documents. They will proceed if he is satisfied with these requirements.

(5) Deposit the Minimum Balance Amount in the Account

After it, you will be assigned an account number, and you are needed to submit the minimum required balance in your account.

(6) Obtain your Cheque Book, Passbook & Other Documents from the Bank

After that, the bank will be successfully open your account, and the banker will hand over Cheque Book, Passbook & Other Documents to you, and then you will be allowed to start the activity from your account.

Uttar Bihar Gramin Bank in FAQ’s

✅ How can I check my Uttar Bihar Gramin account balance?

✅ Is Uttar Bihar Gramin Bank a government bank?

✅ What is the CIF number?