Question 1

What is Assam Gramin Bank?

Accepted Answer

Assam Gramin Bank is a Regional Rural Bank (RRB) serving the entire state of Assam, India. As the sole RRB in Assam, it operates 473 branches across all 33 districts of the state. The bank is jointly owned by the Government of India (50%), Punjab National Bank (35%), and the Government of Assam (15%). Assam Gramin Bank functions under the Regional Rural Banks Act of 1976 with a mandate to provide banking services to rural areas, particularly to small and marginal farmers, agricultural laborers, artisans, and rural entrepreneurs.

Question 2

When was Assam Gramin Bank founded?

Accepted Answer

Assam Gramin Bank traces its roots to January 12, 2006, when the Government of India amalgamated four regional rural banks sponsored by United Bank of India to form Assam Gramin Vikash Bank. These predecessor banks included Pragjyotish Gaonlia Bank (established July 6, 1976), Lakhimi Gaonlia Bank (established July 29, 1980), Cachar Gramin Bank (established March 31, 1981), and Subansiri Gaonlia Bank (established March 30, 1982).

In its current form, the bank was established on April 1, 2019, following the merger of Assam Gramin Vikash Bank and Langpi Dehangi Rural Bank. On October 23, 2025, the Ministry of Finance renamed Assam Gramin Vikash Bank to Assam Gramin Bank to simplify the name and align it with the state, though its functional jurisdiction and operations remained unchanged.

Question 3

Where is Assam Gramin Bank headquartered?

Accepted Answer

Assam Gramin Bank is headquartered in Guwahati, the largest city in Assam. The head office is located at Mahapurush Srimanta Sankardev Path, Bhangagarh, Guwahati, Assam, PIN 781005.

The bank operates with a three-tier structure consisting of one head office, nine regional offices, and 473 branches.

Question 4

Where does Assam Gramin Bank operate?

Accepted Answer

Assam Gramin Bank operates throughout the entire state of Assam, with presence in all 33 districts. The bank maintains nine regional offices strategically located in Nalbari, Golaghat, Lakhimpur, Guwahati, Dibrugarh, Kokrajhar, Silchar, Tezpur, and Diphu.

Through its extensive network of 473 branches, Assam Gramin Bank serves customers across rural, semi-urban, and urban areas of Assam, making it one of the leading banks in the state with comprehensive geographical coverage.

Question 5

What services does Assam Gramin Bank offer?

Accepted Answer

Assam Gramin Bank provides a comprehensive range of banking services tailored to rural and agricultural communities. The bank offers savings accounts, current accounts, fixed deposits, and recurring deposits.

On the lending side, the bank focuses on agricultural loans, housing loans, car loans, Kisan Credit Card (KCC) facilities, and loans to Micro, Small, and Medium Enterprises (MSMEs). The bank actively promotes micro-credit dispensation through Self Help Groups (SHGs) and Joint Liability Groups (JLGs).

Digital banking services include mobile banking through the AGVB MBanking application (available on Android), online banking, NEFT and IMPS fund transfer facilities, and debit card services. The bank has embraced digital transformation with features such as account balance inquiry, mini statements, transaction history, third-party fund transfers, and bill payment services through BBPS.

Question 6

What makes Assam Gramin Bank unique?

Accepted Answer

Assam Gramin Bank stands out as the sole Regional Rural Bank serving the entire state of Assam, providing comprehensive coverage across all 33 districts through 473 branches. This makes it uniquely positioned to serve rural communities that may have limited access to commercial banking services.

The bank has demonstrated significant commitment to financial inclusion, focusing on serving weaker sections of society and Below Poverty Line (BPL) families. It has been a major contributor to financial assistance for housing schemes targeting rural poor households.

As part of the government's "One RRB, One Logo" initiative launched in November 2025, Assam Gramin Bank adopted a common logo for all Regional Rural Banks to create a unified brand identity across India. The bank's ownership structure ensures local accountability while benefiting from the expertise and support of Punjab National Bank, one of India's largest public sector banks.

Question 7

What type of financial institution is Assam Gramin Bank?

Accepted Answer

Assam Gramin Bank is a Regional Rural Bank (RRB), a specialized category of scheduled commercial banks in India established under the Regional Rural Banks Act of 1976. RRBs are government-owned development banks designed specifically to serve rural areas and promote financial inclusion.

Regional Rural Banks are regulated by the Reserve Bank of India (RBI) and supervised by the National Bank for Agriculture and Rural Development (NABARD). They have a mandatory priority sector lending target of 75%, significantly higher than commercial banks, reflecting their development-oriented mandate to support agriculture, small businesses, and economically weaker sections of society in rural India.

Assam Gramin Bank

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About Assam Gramin Bank in India