Malwa Gramin Bank is a Regional Rural Bank sponsored by State Bank of India. It was established on 27.02.1986 with a capital of Rs 1.00 crore. In order to provide excellent service to its customers, Malwa Gramin Bank became a 100% computerised Bank and migrated to CBS on 29.07.2010.
Our services are at par with the other Commercial Banks. It has total 89 branches in five districts of Punjab, out of which 83 are in rural area, 5 in semi urban area and 1 in urban area. Its deposits and advance as on 31.03.2016 are Rs 1151.32 crores and Rs 1101.67 crore respectively. It is a profit earning bank and its profit and reserves as on 31.03.2016 are Rs 17.86 crores and Rs 158.12 crores respectively.