Banks / Uttar Pradesh Gramin Bank
Banks / Uttar Pradesh Gramin Bank
Uttar Pradesh Gramin Bank is a Regional Rural Bank (RRB) — a category of rural-focused bank created by the Regional Rural Banks Act, 1976, distinct from public/private sector commercial banks. It is not a listed company and does not trade on any stock exchange.
Uttar Pradesh Gramin Bank came into existence on 1 May 2025 when the Government of India amalgamated the state's three remaining Regional Rural Banks — Aryavart Bank, Baroda UP Bank, and Prathama UP Gramin Bank — into a single entity, under the central government's "One State, One RRB" consolidation policy. Although the legal entity itself is under 18 months old, its constituent banks trace back decades, several through earlier rounds of RRB mergers of their own.
| Constituent Bank | Prior Sponsor Bank | Scale Before Merger | Lineage |
|---|---|---|---|
| Aryavart Bank | Bank of India | ~1,365 branches across 26 districts | Formed 1 Apr 2019 from Allahabad UP Gramin Bank + Gramin Bank of Aryavart |
| Baroda UP Bank | Bank of Baroda | Large multi-district network | Consolidated 3 earlier RRBs effective 26 Nov 2019 under Bank of Baroda sponsorship |
| Prathama UP Gramin Bank | Punjab National Bank | ~960 branches | Traces to Prathama Bank, Moradabad (est. 1975) — India's first-ever Regional Rural Bank — later merged with Sarva UP Gramin Bank |
Chairman, Uttar Pradesh Gramin Bank — heads the merged entity's board and day-to-day administration from the Lucknow head office.
Like all Regional Rural Banks, UPGB's top executive holds the title Chairman rather than "MD & CEO". This is a structural feature of the RRB model under the RRB Act, 1976: the Chairman is typically a senior officer deputed from the sponsor bank (here, Bank of Baroda) to run the RRB, rather than being appointed by a separate board process as at commercial banks. (This is a different reason from why SBI also uses "Chairman" — SBI's title comes from the special SBI Act, 1955, not from sponsor-bank deputation.)
General working hours ~10 AM – 4 PM, Mon–Sat (except 2nd/4th Saturday); always confirm current hours on the official site
Missed-call balance enquiry: 9986454440
As a Regional Rural Bank, UPGB's core mandate under the RRB Act is priority-sector lending to farmers, rural artisans and small borrowers — not the urban retail/corporate banking that dominates commercial bank balance sheets. Crop loans, Kisan Credit Card and group-lending products are its bread and butter.
Term deposit rates below are fetched live from UPGB's official rates page where possible. If the live fetch is unavailable, the last published rates are shown instead. UPGB publishes a single rate table regardless of deposit slab for most tenures; a 0.50% senior-citizen add-on applies on deposits below ₹100 lakh.
Regional Rural Banks are not listed on any stock exchange and do not publish SEBI-style quarterly investor disclosures the way SBI or other listed banks do. UPGB is additionally a very newly formed legal entity (1 May 2025), so a multi-year, entity-level financial table comparable to a listed bank's does not yet exist — its first full-year standalone results (FY 2025-26) would only be expected after the financial year closes and gets audited. Historical financials of the three pre-merger constituent banks are not directly additive to a single "UPGB" track record.