Name of Organisation: Kerala Gramin Bank KGB Towers,
AK Road, Uphill, PB No. 10, Malappuram, Kerala, India,
PIN. 676 505.
Date of Establishment: 08.07.2013.
Ownership: Scheduled Commercial Bank.
Head Office Organisational Structure: Click Here
Functions: Though the bank is Regional Rural Bank, KGB delivers all the major functionalities of a PSB. The major focus of the bank is to initiate appropriate intervention for overall economic upliftment and advancement of the people of Kerala by giving financial assistance to the sectors like Agriculture, Micro, Small and Medium Enterprises, education, housing, micro-credit, weaker sections, SC/ST communities etc.
The powers and duties of officers and employees are decided by the Board of Directors and in terms of Service Regulations.Download
Different powers have been delegated by the Board of Directors to the officers at various levels for smooth functioning. Branches receive applications for credit facilities and recommend to the appropriate sanctioning authority. All credit decisions approved by any sanctioning authority are reported to the next higher authority for control & review purpose. There is a well defined organizational structure and clear system of accountability based on RBI / CVC guidelines. In order to exercise supervision and fix accountability / responsibility various control measures have been put in place. The system of exercising proper delegation of power and submission of control reports is in place and they are monitored by control officers and through internal inspection.
Directions received from Ministry of Finance, Government of India, Reserve Bank of India, NABARD and/or approved by the Board of our Bank are the guiding principles for discharging various functions. Whether to sanction a loan or not, is the absolute discretion of the concerned sanctioning authority of the Bank and such discretion is exercised, after taking into consideration the relevant facts and circumstances of each case.
Best Practice Code (Manual of Instructions) on all our products, periodical circulars, Hand books, Policy Guidelines etc., is made available to all employees for discharging various functions. These are all meant for internal circulation and cannot be shared with public.However, certain information on Deposit, Loan & other Products, scheme guidelines, eligibility etc., are available in websites.
Documents, as required under law, rules and regulations, such as, Balance Sheets, record of the staff, licenses obtained from RBI / other competent authorities for opening branches / offices etc., are held by the Bank. Annual Report / Quarterly Reports of our Bank are made available on our website.
Financial Results Click here.
Documents executed by customers / borrowers / guarantors, contracts with Third parties / etc.( These are all private information and of commercial value and cannot be shared with public).
Bank is inviting suggestions from employees. Good suggestions are being taken into consideration while formulating policies.Bank's quarterly results and annual results / reports are published in the Bank's website periodically for information of public which would give an idea about the policies of the bank and implementation thereof.
Financial Results Click here
Board of Directors, which formulates and implements its policy, also includes representatives nominated by Government of India.
Boards of Directors are constituted under the Regional Rural Banks Act, 1976.Various committees as per the requirement of the Bank are formed as per the approval of Board or by the top management, as per the powers delegated by the Board. Publics are not entitled to participate on the meetings of the Board / Committees and minutes are not accessible to Public.
Remuneration of the Chairman & Managing Director as well as the Executive Director of the Bank is fixed by the Government of India. As regards the remuneration of other officers / employees, the same is fixed as per the service regulations / settlements reached with unions. In terms of the Govt. India Order cited, the revised pay scales with effect from 01.11.2007 in respect of each category of the employeesÂ of our Bank are given below. Scale - I : 23700 - 980/7 - 30560 - 1145/2 - 32850 - 1310/7 - 42020. Scale - II : 31705 - 1145/1 - 32850 - 1310/10 - 45950. Scale - III : 42020 - 1310/5 - 48570 - 1460/2 - 51490 Scale - IV : 50030 - 1460/4 - 55870 - 1650/2 - 59170 Scale - V : 59170 - 1650/2 - 62470 - 1800/2 - 66070
Salary structure of staff of the Bank
Subordinate Staff :
In terms of the Govt. India Order cited, the revised pay scales with effect from 01.11.2007 in respect of each category of the employeesÂ of our Bank are given below.
Scale - I
: 23700 - 980/7 - 30560 - 1145/2 - 32850 - 1310/7 - 42020.
Scale - II
: 31705 - 1145/1 - 32850 - 1310/10 - 45950.
Scale - III
: 42020 - 1310/5 - 48570 - 1460/2 - 51490
Scale - IV
: 50030 - 1460/4 - 55870 - 1650/2 - 59170
Scale - V
: 59170 - 1650/2 - 62470 - 1800/2 - 66070
Not applicable to Kerala Gramin Bank
Not applicable to Kerala Gramin Bank
Not applicable to Kerala Gramin Bank
Details of products and services offered by the Bank are made available on our website.
Kerala Gramin Bank is not maintaining any Library/Reading Room for Public.
All Kerala Gramin Bank Branch Heads are designated as 'Assistant Public Information Officers' to receive the RTI application and to forward the same to the concerned Central Public Information Officers of the Region Office / Head Office as per Section 5(2) of RTI Act, 2005. Central Public Information Officers (CPIOs) are nominated for all the 10 Regional Offices, and for Head Office. One First Appellate Authority (FAA) is nominated for Head office. Hence there are 11 CPIOs & 1 FAA in our Bank to ensure prompt disposal of applications / appeals under RTI Act 2005. Executives of the Rank of Scale-IV or above are nominated CPIOs and the Executives with one Scale above the Rank of CPIO are nominated as FAA for Head Office & all Regional Offices. Region-wise list of Central Public Information Officers & First Appellate Authority along with their Name, Designation, Office Address are published below.
Name & Address of Chief Information Officer and Appellate Authority
Name & Address of Central Public Information Officer, Head Office
Name & Address of Central Public Information Officer, Kasaragod Region
Name & Address of Central Public Information Officer, Kannur Region
Name & Address of Central Public Information Officer, Thalassery Region
Name & Address of Central Public Information Officer, Ernakulam Region
Name & Address of Central Public Information Officer, Kalpetta Region
Name & Address of Central Public Information Officer, Kozhikode Region
Name & Address of Central Public Information Officer, Malappuram Region
Name & Address of Central Public Information Officer, Thrissur Region
Name & Address of Central Public Information Officer, Trivandrum Region
Name & Address of central public Information Officer, Kottayam Region
All Managers of branches/offices are the Asst. Public Information Officers for assisting CPIO.
|EXCHANGE ON REMITTANCES Issue of Demand Drafts/Mail (DD's MT's)|
|AMOUNT RANGE||NON CASH TRANSACTION||CASH TRANSACTIONS|
|a||Upto and inclusive of 500/-||10/-||10/-|
|b||Above 500/- upto 1000/-||15/-||15/-|
|c||Above 1000/- upto 5000/-||20/-||20/-|
|d||Above 5,000/- up to 10,000/-||25/-||25/-|
|e||Above 10,000/- up to 1 Lakh||2/- per thousand or part thereof with a minimun of 25/- maximum of 5000/-||2/- per thousand of or part thereof plus 25% extra with a minimum of 30/- For remittances upto 50,000/-|
|f||Above 1 Lakh up to 10 Lakh|
|g||Above 10 Lakh|
|Service Tax Extra|