Madhyanchal Gramin Bank

Madhyanchal Gramin Bank is a regional rural bank in India. It was formed by merging three rural banks in the state of Madhya Pradesh in central India namely Madhya Bharat Bank, Sharda Grameen Bank, Rewa Sidhi Grameen Bank, sponsored by State Bank Of India, Allahabad Bank and Union Bank of India. Its headquarters is in Saugor. Current sponsor of the bank is State Bank of India. Madhyanchal Gramin Bank has presence over 13 districts in Madhya Pradesh Damoh, Sagar, Shivpuri, Guna,Ashoknagar, Tikamgarh,Chhatarpur, Panna,Satna,Rewa,Sidhi,Niwari and Singrauli.There is 454 Branch and 7 Regional offices in Rewa,Sidhi,Satna,Damoh, Shivpuri,Chhatarpur and Tikamgarh.

Madhyanchal Gramin Bank
Public
IndustryBanking, Financial services
Founded1 November 2012
HeadquartersSagar, Madhya Pradesh, India
Area served
Madhya Pradesh
OwnerGovernment of India
Websitewww.mgbank.co.in

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