COVID-19 Regulatory Package for Term Loans and Working Capital Limits
Posted On : 10-07-2020
Based on the regulatory package announced by the Reserve Bank of India, Bank’s are allowed to reschedule the payments in term loans and deferment of interest in working Capital facilities to mitigate the burden of debt servicing due to the COVID-19 pandemic and to ensure the continuity of viable businesses In line with the RBI guidelines and to support our customers during this hard times Kerala Gramin Bank extends the benefits of moratorium to our customers.
As per the COVID 19 regulatory package announced by Reserve Bank of India, we have initiated steps to defer the instalments and interest/EMIs in all standard Term Loans falling due between 01.03.2020 to 31.08.2020 for all customers by 3 months. Accordingly, the total repayment period will be extended by 6 months over the existing repayment period. Please note that Interest shall continue to accrue on the outstanding portion of the Term Loan at contracted rates during the moratorium period.
Wherever repayment is effected through National Automated Clearing House (NACH) / ECS / Standing Instruction (SI), submit the request for availing moratorium by contacting the branch.
All standard working capital facilities (Cash credit/Overdraft) outstanding as on 01st March 2020 are eligible for the moratorium. Interest applied in the accounts during the period between 1st March 2020 and 31st August 2020 will be deferred. Please note that Interest shall continue to accrue on the outstanding portion of working capital facilities at the contracted rates.
The moratorium/deferment granted to borrowers will not be treated as default on the part of borrowers for the purposes of supervisory reporting and reporting to credit information companies (CICs).
Education Loan Interest Subsidy-Opening
Posted On : 29-07-2019
Education Loan Interest Subsidy-Opening of Padho Pardesh web portal for submission of claims for March & June 2019 quarters.More
Collection of Kerala Flood Cess with effect from 01-08-2019
Posted On : 20-07-2019
With effect from 01-08-2019, in accordance with the notification issued by Govt. of Kerala, Kerala Flood Cess @1%, in addition to the GST @18%, shall be levied on all charges collected from customers who are not registered under GST.
Flood Cess @ .25% shall be collected from all gold auction bidders who are not registered under GST, in addition to the GST collected @ 3%.
KGB Wins 'Leadership Capital' award
Posted On : 28-01-2019
Chairman receiving PFRDA's award for outstanding performance in their 'Leadership Capital' campaign for APY enrolments, from Ms. Sarita Arora, CGM NABARD at Delhi on 25th Jan 2019.
Replace magnetic strip debit cards with EMV chip-enabled cards
Posted On : 13-12-2018
ln terms of the instructions of Reserve Bank of India, the usage of magnetic strip cards will be disabled after 31.12.2018.
Cardholders who are using the magnetic strip cards are hereby advised to get your magnetic strip debit cards replaced with EMV chip-enabled cards before 31.12.2018.
Please contact the Branch staff for details.
Kerala Gramin Bank conducts "Green Protocol Awareness Program"
Posted On : 09-10-2018
Kerala Gramin Bank conducted green protocol awareness program, 'Swachtha Hi Seva 2018' at Kendriya Vidyalaya, Malappuram. KGB Chairman Sri. Nagesh G Vaidya inaugurated the event.
" Swachtha Hi Seva 2018 " is a Jan Andolan for Swachhata observed in the run-up to the 4th anniversary of the Swachh Bharat Mission (SBM). The function was presided over by Kendriya Vidyalaya Principal Sri. Santhosh Kumar. KGB Chairman Sri. Nagesh G Vaidya, General Manager Sri. S. Pavithran and Chief Manager Sri. T.U Sreedharan addressed the gathering.
Kerala Gramin Bank donates 1.03 crore to flood relief
Posted On : 03-10-2018
As a part of our effort to help the people of Kerala who were devastated by the recent floods, Kerala Gramin Bank contributed over One Crore Three Lakh Rupees to the flood relief fund. Sri. Nagesh G Vaidya ( Chairman, Kerala Gramin Bank) handed over the cheque to Sri. Pinarayi Vijayan ( Chief Minister, Kerala) at Thiruvananthapuram on 26th September 2018 in the presence of other dignitaries.
Kerala Gramin Bank Joins hand with the Flood Victims
Posted On : 02-08-2018
Kerala Gramin Bank extended its hands to the flood victims by contributing to the Chief Minister's Flood Relief Fund. Sri. Nagesh G Vaidya ( Chairman, Kerala Gramin Bank) handed over a cheque of Rs. 5,00,000/- to Sri. K T Jaleel ( Minister for Local Administration, Welfare of Minorities, Government of Kerala) at Thiruvananthapuram on 26/07/2018 in the presence of other dignitaries
KGB's Call Centre launched
Posted On : 18-07-2018
Connect KGB, KGB's Call Centre being launched at Ernakulam on 18.07.2018 by Sri. S M N Swamy, Regional Director, RBI in the presence of Sri. Nagesh G. Vaidya, Chairman and other dignitaries.
KGB Rupay Platinum Card launched
Posted On : 18-07-2018
Sri. R. Srinivasan, CGM, NABARD on 9th July, 2018 launched KGB Rupay Platinum Card at Thiruvananthapuram in the presence of Sri. V.Sasi, Deputy Speaker, Kerala Legislative Assembly, Sri. Nagesh G. Vaidya, Chairman, KGB and other dignitaries.
World Environment day celebration
Posted On : 08-06-2018
World Environment day celebration. Chairman leading the way on June 5th, World Environment day.
Inauguration of Kalluvathukkal Branch
Posted On : 08-06-2018
Inauguration of Kalluvathukkal Branch by Sri. G S Jayalal, MLA, Chathannur Constituency in the Presence of Sri. Nagesh G Vaidya, Chairman Kerala Gramin Bank and Krishnan Namboothiripad N B, AGM, Kerala Gramin Bank
KGB won the award for Excellence in CTS 2018
Posted On : 08-06-2018
Winner under RRB category in recognition of excellent performance in CTS, instituted by National Payments Corporation of India(NPCI)
Kerala Youth Collage Competition has been announced.
Posted On : 18-04-2018
The much-awaited results of All Kerala Youth Collage Competition has been announced.The event saw immense participation from talented children all over Kerala..
Assocham's Excellence Award 2017
Posted On : 21-02-2018
KGB emerged as Best Social Bank in Assocham's Social Banking Excellence Award 2017 under RRB category.
General Manager Sri. Pavitran S receiving Assocham India's Overal Best Social Bank award from Sri. Shiv Pratap Shukla, Hon'ble Union Minister of State for Finance, along with Sri. Rahul Kumar K, Chief Manager
All Kerala Youth Collage Competition
Posted On : 03-02-2018
Global Money Week celebrations was instituted by Child & Youth Finance International, Amsterdam in order to create an awareness about the need for financially including the youth.
DiGi KGB MALAYALAM CALENDAR LAUNCHED
Posted On : 02-01-2017
KGB has launched its Calendar App in Malayalam for Android phones. The light weight app was launched by Sri. M K Ravikrishnan, Chairman. The app provides a comprehensive, all in one calendar for the year 2018. The ad-free app is available in Play Store for free download.
KGB has won the Best Bank Award of Banking Excellence Award 2016 -17
Posted On : 20-12-2017
KGB has won the Best Bank Award of Banking Excellence Award 2016 -17 by State Forum of Bankers' Club, Kerala under Public Sector Category for contributing towards Rural Development in Kerala
1. Sri M K Ravikrishnan, Chairman receiving the Award from Sri Mayank K Mehta, Executive Director, Bank of Baroda
2. Sri Vijayan V K, Regional Manager, Thalassery & Smt Sreelath, Branch Manager, Manhodi Branch receiving the Second Best performed branch award under Public Sector Category
3. Sri V C Rajan, Regional Manager, Thiruvananthapuram & Smt Thushara T V, Branch Manager, Kadakkal receiving the Third Best performed branch award under Public Sector Category
NIDHI 222 LAUNCHED
Posted On : 10-11-2017
KGB has launched an attractive, high-yielding deposit product - KGB NIDHI 222. Earn up to 7.75% p.a.
CORPORATE AD RELEASED
Posted On : 19-10-2017
KGB has released it's new Corporate Advertisement.
AADHAAR SEVA KENDRA INAUGURATED
Posted On : 28-09-2017
Chairman Sri. M K Ravikrishnan inaugurating KGB’s Aadhaar Seva Kendra network in Balussery in the presence of Sri. Sunil P L, LDM, Kozhikodre. As per the directions of GoI, KGB is opening Aadhaar Seva Kendras in its 52 branches across Kerala. Through centres one can enroll for new Aadhaar and make corrections in existing Aadhaar. The service is open to the public.
KGB Aadhaar Enrollment list
Mrs. G K Maya, SLBC Kerala Convenor inaugurating the Customer Care Cell (KGB Care) at KGB Head Office
Posted On : 20-09-2017
Mrs. G K Maya, SLBC Convenor Kerala & General Manager, Canara Bank has inaugurated KGB Care (Customer Care Cell) at KGB Head Office. She has also inaugurated the online Public Grievance Redressal System of the Bank.
Mr. P J Jospeh, MLA inaugurating the new premises of our Muttom branch
Posted On : 16-09-2017
Mathrubhumi Super 10 Panchayath Olympiad
Posted On : 26-08-2017
Cine Actress Prayaga Martin flags off Super 10 Panchayath Olympiad – the Onam roadshow organized by Mathrubhumi. Chairman and MD, SUPPLYCO Mr. A.P.M. Mohammed Hanish, IAS looks over. KGB is one of the sponsors. The roadshow covers 160 Panchayats in Kerala in 20 days with two branded vehicles.
The New Indian Express – Kerala Gramin Bank Onapookkalam Contest
Posted On : 26-08-2017
KGB is the title sponsor ofOnapookkalamContest – a floral extravaganza competition organized by The New Indian Express in Hi-Lite Mall, Kozhikode on 31.08.2017. Interested? Contact: 9947053666.
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