Purvanchal Bank branches have covered a whole gamut
of agricultural activities like crop production , horticulture , plantation crops,
farm mechanization, land development and reclamation, digging of wells, tube wells
and irrigation projects, forestry, construction of cold storages and godowns,
processing of agri-products, finance to agri-input dealers, allied activities
like dairy , fisheries, poultry, sheep-goat, piggery refurbished second hand tractors,
mulberry cultivation, rearing of silk worms and grainages. Infact Bank can cover
any other agricultural related activities undertaken.
SHG MOVEMENT – A MISSION:
Purvanchal Bank has taken up SHG movement as a mission, a noble mission
to reach those families who were hitherto having no access to the credit by any
formal financial institution and, therefore, were depending on informal sources
MICRO FINANCE – DEEP ROOTS
IN Purvanchal Bank:
Micro finance is not new to Purvanchal Bank's association
with non-government organizations (NGOs) or voluntary
agencies in extending financial help can be traced as
far back as 1976 well before NABARD introduced SHG-Bank
Credit Linkage Programme as a pilot project in 1992.
GROWTH IN SHG-BANK CREDIT LINKAGE PROGRAMME:
Purvanchal Bank has actively
participated in SHG-Bank Credit Linkage programme since its inception in 1992
as a pilot project of NABARD. Since then the Bank has made a steady progress in
financing SHGs. Majority of these SHGs are women SHGs.
– LEADER IN SHG-BANK CREDIT LINKAGE
Purvanchal Bank is maintaining its
position as a leader among All Banks of Gorakhpur And Basti Region in credit linking
of SHGs and is a prime driver for the movement. Purvanchal Bank having a share of more than
50% of total SHGs financed by Commercial Banks is far ahead of others.
INNOVATIONS & INITIATIVES
has successfully initiated various measures toward widening its SHG network. To
list a few examples:
(i) Sensitisation of staff: Bank's aim is to sensitise
the entire staff from Manager to Messenger working in
rural and semi-urban branches towards the programme.
training programmes in SHGs are being conducted at training centres of the Bank
apart from State Bank Institute
of Rural Development, Hyderabad and BIRD Lucknow.
(iii) Close liaison
with NGOs: Operating functionaries at branch level and region level are in close
contact with NGOs in their area to take the movement
ahead.For the purpose, regular meetings are arranged
with the NGOs and their support is solicited.
(iv) SHG cells: Special
SHG cells have been opened at Head Office .
(x) Appreciation by
Government: A number of our branches / Circles have also received commendation
and appreciation from State Governments for doing excellent job in SHG-Bank Credit
your needs - an investment of your surplus funds or to create a fund for your
childrens' education and marriage. You will find a product from Purvanchal Bank that suits
your requirement, delivered at a branch close to you.
Open an account
with any of our branches, all our branches are fully computerised, and realise
the advantage of our vast network. Place funds in Multi Option Deposit Scheme,
a term deposit which is not fixed at all and comes with a unique break-up facility
which provides you full liquidity as well as benefits of higher rates of returns,
through your savings bank account. Alternately, keep that deposit intact by availing
an overdraft facility, to meet your occasional temporary funds requirements.
Want to build up savings slowly? Discover our Recurring Deposit Account. You can
save a little every month to build up the desired corpus to meet your future requirement
Our products are designed with flexibility to suit your personal
- Current Account
- Recurring Deposit Account
Basic Banking 'No frills Account'
- Special Term Deposits
Experience a whole new world of Personal Banking at all branches
of Purvanchal Bank. Customer friendly knowledgeable staff will cater to your financial requirements
with speed and efficiency in an excellent ambience.
Purvanchal Bank has a variety of schemes under
Personal Finance to satisfy varying needs of the banking public. The Bank offers
the following schemes with attractive rates of interest:
* Car Loan
* Educational Loan
* Personal Loan
* Loan to Pensioners
* Festival Loans
* Grahak-Sammirdhi Scheme
* Two Wheeler Purchase Scheme
* Four Wheeler Purchase Scheme
of our branches offer loans under Personal Finance.
For the safety of your valuables we offer our customers safe
deposit vault or locker facilities at a number of branches. There is a nominal
Purvanchal Bank offers a wide range of services in the Personal Banking
Segment which are indexed here.
Purvanchal Bank has been playing a vital role in the development
of small scale industries since 1975.The bank has widest
network of 571 Branches in 11 districts.
The Bank finances for Small Business activities which
are of special significance to a large number of people as many of these activities
can be started with relatively lower investment and with no special skills on
the part of the enterpreneurs.
A hassle free, convenient and novel Swarozgar Credit Card
Scheme launched for easy credit delivery to SSI and SBF segment. Eligibility
Units with satisfactory track record of 2 years.
New units with excellent credentials.
SBF Quantum Upto Rs.5 lacs.
Professional and Self-Employed
Small Business Enterprises.
As applicable [For details Contact your nearest Branch]