What does AGVB mean in BANKING
An abbreviation is a shortened form of the original language or phrase. Abbreviations are used to make writing simpler and easier to read. AGVB, abbreviated as Assam Gramin Vikash Bank (AGVB), is one of the regional rural banks (RRBs) in India. It was established on 1 April 2006 by the Indian government with headquarters located in Guwahati, Assam. Regions served by AGVB include seven districts of Assam: Darrang, Baksa Sonitpur, Udalguri, Chirang, Nalbari, Barpeta and South Kamrup. AGVB is committed to providing banking services to rural areas in order to further economic development.
AGVB meaning in Banking in Business
AGVB mostly used in an acronym Banking in Category Business that means Assam Gramin Vikash Bank
Shorthand: AGVB,
Full Form: Assam Gramin Vikash Bank
For more information of "Assam Gramin Vikash Bank", see the section below.
Meaning of AGVB
AGVB stands for Assam Gramin Vikash Bank – a regional rural bank (RRB) which was established in 2006 with its headquarters located in Guwahati, Assam. As an RRB, it was formed under the provisions of Regional Rural Banks Act 1976 and is sponsored by the State Bank of India (SBI). The bank aims to promote economic development in remote rural areas by providing banking services such as deposits and advances. With their pan-India presence including many rural areas across Assam state, AGVB has emerged as a leading provider of financial services for small businesses and farmers belonging to neglected pockets within the state.
AGVB Full Form
Assam Gramin Vikash Bank is abbreviated as AGVB which stands for ‘Assam Gramin Vikash Bank’ or simply ‘Gramin Vikas Bank’ in English translation. It is sponsored by State Bank of India (SBI) and registered under the Regional Rural Banks Act 1976 as one of the 18 Regional Rural Banks (RRBs). Established in 2006 with its headquarters located at Guwahati city in Assam state, it serves seven districts within the state - Darrang, Baksa Sonitpur, Udalguri
Essential Questions and Answers on Assam Gramin Vikash Bank in "BUSINESS»BANKING"
What is Assam Gramin Vikash Bank?
Assam Gramin Vikash Bank (AGVB) is a regional rural bank sponsored by the State Bank of India and the Government of Assam. It aims to provide banking and financial services to rural and semi-urban areas in the state of Assam, India.
What services does AGVB offer?
AGVB offers various banking services that include savings accounts, current accounts, recurring deposits, fixed deposits, loan products such as agricultural loans, personal loans & other retail loan products. The bank also provides electronic payment solutions such as RTGS / NEFT, mobile banking & internet banking.
How can I access AGVB’s banking services?
Customers can access AGVB’s banking services by visiting any of its branches or by logging into the bank’s website with their registered username and password. The bank also provides mobile banking and other digital payment methods like UPI & IMPS for convenient on-the-go banking solutions.
Is it safe to use digital payment methods for payments with AGVB?
Yes, it is completely safe and secure to make payments using digital payment methods like UPI & IMPS with AGVB. All transactions are protected with two-factor authentication process supported by secure encryption protocols ensuring complete safety of your money.
Are there charges associated with using digital payment options?
No, there are no additional charges associated with using digital payment options like UPI & IMPS for payments at AGVB. However you may need to check with your respective banks if they levy any processing fee for such transactions before making the payment.
Does AGVB offer mutual funds investments?
Yes, customers can invest in mutual funds through their AGVBank account by logging into their website or via internet/mobile banking app.
How do I open a savings account with AGuton VB?
You can open a savings account at AGVB by visiting any of its branches or by downloading the application form from its website and submitting it along with requisite KYC documents required for opening an account.