Uttarakhand Gramin Bank

Regional Rural Bank Sector

“Banking the Hills of Uttarakhand”

Uttarakhand Gramin Bank (UKGB) is a Regional Rural Bank (RRB) sponsored by State Bank of India, serving the rural and hilly communities of Uttarakhand — India's mountain state carved out of Uttar Pradesh in 2000, encompassing the Garhwal and Kumaon Himalayan regions, the sacred cities of Haridwar and Rishikesh, the Char Dham pilgrimage circuit, and vast stretches of hill agriculture and forest. UKGB operates under the joint ownership of the Government of India (50%), SBI (35%), and the Government of Uttarakhand (15%), with a distinctly challenging mandate: delivering formal banking to communities spread across Himalayan hills, mountain valleys, and forest zones where physical banking access is logistically difficult and seasonally constrained. The bank's operational footprint spans the hill districts of Uttarakhand including Pauri Garhwal, Tehri Garhwal, Chamoli, Rudraprayag, Uttarkashi, Almora, Pithoragarh, Bageshwar, Champawat, and the plains districts of Haridwar and Udham Singh Nagar. Uttarakhand Gramin Bank's credit portfolio is tailored to the hill and plains economy of the state: Kisan Credit Cards for rice, wheat, and maize farmers in the plains districts and terraced hill farms, horticulture loans for Uttarakhand's famous apple, pear, walnut, and citrus orchards (the state is one of India's top fruit producers), floriculture loans for Almora's rose and marigold farmers, animal husbandry and dairy loans for hill cattle and goat rearing, MUDRA micro-enterprise loans for tourism-linked businesses, artisans, and small traders, SHG credit for women in hill villages, housing loans under PMAY-Gramin for hill communities, and term deposits. UKGB is an essential banking partner for the thousands of hill villages that depend on it as their only formal financial institution. All deposits are DICGC insured.