Jharkhand Rajya Gramin Bank

Regional Rural Bank Sector

“Banking Jharkhand's Rural Heartland”

Jharkhand Rajya Gramin Bank (JRGB) is a Regional Rural Bank (RRB) sponsored by Bank of India, serving the rural and tribal communities of Jharkhand — a mineral-rich state formed in 2000 from southern Bihar, encompassing the Chota Nagpur Plateau and Santhal Parganas, with a predominantly tribal population and an economy built on coal mining, steel, and a resilient tradition of forest and agricultural livelihoods. Jointly owned by the Government of India (50%), Bank of India (35%), and the Government of Jharkhand (15%), JRGB has a critically important mandate in one of India's poorest states where financial exclusion has historically been severe and where bringing the formal banking system to tribal and forest communities represents a genuine development imperative. Jharkhand is home to over 28 Scheduled Tribe communities including the Santhal, Munda, Ho, Oraon, and Gond — communities with rich agricultural and forest-based traditions who have been systematically excluded from formal financial systems for generations. JRGB's credit programme specifically addresses these communities: tribal sub-plan agricultural loans with concessional interest rates, Kisan Credit Cards for paddy, maize, and pulses farmers, minor forest produce marketing loans for lac (shellac, for which Jharkhand is India's largest producer), kendu leaves, and mahua, MUDRA loans for rural artisans, weavers, and tribal handicraft producers, SHG credit linkages for women particularly in remote tribal areas, animal husbandry and dairy loans, housing loans under PMAY-Gramin, and term deposits. JRGB implements PMJDY, PM Kisan, DBT, and social security scheme enrolments extensively across Jharkhand's rural and tribal districts. All deposits are DICGC insured.