Saptagiri Grameena Bank

Saptagiri Grameena Bank

Saptagiri Grameena Bank has been formed with the merger of Sri Venkateswara Grameena Bank, Chittoor district and Kanakadurga Grameena Bank, from 1st July 2007. This bank is a joint venture of the Indian Bank, the Government of Andhra Pradesh and the Government of India. The headquarters of the bank are in the Chittoor district of Andhra Pradesh.

Saptagiri Grameena Bank Offerings

The offerings of the bank are as under:

• Deposit Account – Current Account, Savings Account
• Loans – Gold Loan, Personal Loan, Home Loan, Car Loan, etc.
• Cards – Credit card, Debit card
• Banking – Net banking, Customer care

Saptagiri Grameena Bank Loans Offered

The loans offered by this bank are as under:

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

Saptagiri Grameena Bank Personal Loan Offered

The personal loan offered by the bank is summed up in the following points:

• Age criteria – 21 years to 70 years
• CIBIL score – Above 750
• Interest Rate – 9.99%
• Processing Fee – 1-2%
• Tenure of Repayment – 6 months to 72 months
• Minimum Loan Amount – Rs. 50,000/-
• Maximum Loan Amount – Rs. 7,50,000/-

Saptagiri Grameena Bank Gold Loan

The gold loan offered by the bank is summed up in the following points:

• Age Criteria – 18 years to 70 years
• Gold loan per gram – Rs. 3,506- Rs. 4,621/-
• Interest Rate – 7%
• Processing Fee – 1-2%
• Tenure of Repayment – 6 months to 36 months
• CIBIL Score – Above 500
• Requirements – Gold ornaments ( 18 carats to 22 carats)

Saptagiri Grameena Bank Car Loan

The car loan offered by the bank is summed up in the following points:

• Age criteria – 21 years to 60 years
• Minimum Loan Amount – Rs. 1,00,000/-
• Maximum Loan Amount – up to 100% of ex-showroom price
• Interest Rate – 7% per annum
• Processing Fee – 0.50%
• Tenure of Repayment – 12 months to 84 months
• Foreclosure charges – Nil

Saptagiri Grameena Bank Home Loan

The home loan offered by the bank is summed up in the following points:

• Age criteria – 18 years to 70 years
• Gold loan per gram – Rs. 3,506- Rs. 4,621/-
• Interest Rate – 7%
• Processing Fee – 1-2%
• Tenure of Repayment – 6 months to 36 months
• CIBIL Score – above 500

Saptagiri Grameena Bank Credit Card

The bank provides a credit card with the name Saptagiri Grameena Bank Kisan Credit Card. It is a unique scheme and it aims to provide adequate and hassle-free support to the people. People who are eligible for a credit card are:

1. All farmers- individuals, joint borrowers who are owner cultivators.
2. Self-help groups or joint liability groups
3. Loans under the VFPCK scheme

Saptagiri Grameena Bank Net Banking

The bank also provides the facility of net banking with the help of which, customers can transfer money at any time of the day and at any day of the year, with the comfort of their home.

Saptagiri Grameena Bank Customer Care Number

If you want to contact the bank, you can either mail them on their email ID or you can call on 08572-233598 to talk to customer care. All your issues will be resolved.

Saptagiri Grameena Bank Customer Complaints

1. Can we transfer money to this Bank?

You can send money by following the steps mentioned below:

1. Visit the official website of the Bank
2. Log in to your account
3. From the tab of ‘Payments and Transfers’, select the option of ‘Fund Transfer’

2. How Can I register my mobile number in this bank?

You can register your number by following the steps mentioned below:

1. Visit the branch of the bank.
2. Obtain the KYC details change form.
3. Fill in the form.
4. Submit the form along with the other documents.

3. How can I link my Bank Account?

1. Visit the bank and bring along your Aadhar Card.
2. Fill in the bank linking form with the details.
3. Deposit the form in the bank.

How To Open A Savings Account in Saptagiri Grameena Bank?

Steps to open a savings account in this bank are as follows:

1. Fill in the application form, either by visiting the bank or online.
2. Submit the required documents.
3. The bank will verify the form and the documents.
4. After successful verification, make an initial deposit as per the minimum balance requirement of the bank.

How To Open A Current Account in Saptagiri Grameena Bank?

Steps to open a current account in this bank are as follows:

1. Visit the bank portal online.
2. Select the ‘Open Current Account’ option.
3. Fill in the details.
4. Download the form and submit the printed copy to the bank.

Saptagiri Grameena Bank FAQs

✅ How can I check my account balance in this Bank?

You can check your account balance by giving a missed call on 08572233598, you will then get an SMS regarding your balance.

✅ Is Saptagiri Grameena Bank a government bank?

It is a joint venture of the Indian Bank, the Government of Andhra Pradesh and the Government of India.

✅ What is the other name of this Bank?

The other name of this bank is Sri Venkateswara Grameena Bank.