Tripura Gramin Bank

What Tripura Gramin Bank does

Tripura Gramin Bank is a Regional Rural Bank (RRB) established on December 21, 1976, and headquartered in Abhoynagar, Agartala, in the Indian state of Tripura. It is the sole RRB operating in Tripura, with a branch and ATM network covering all eight districts of the state and regional offices in Agartala (West), Udaipur (South), and Kailashahar (North). Originally sponsored by United Bank of India, the bank now operates under the sponsorship of Punjab National Bank and is regulated by NABARD and the Reserve Bank of India, with the Government of India as ultimate owner.

The bank provides a full suite of retail and commercial banking products, including savings accounts, current accounts, fixed and recurring deposits, safe deposit lockers, and a sweep deposit facility. Its lending portfolio spans agricultural loans (Kisan Credit Card, Joint Liability Group), MSME loans (PM Mudra Yojana, PM Street Vendor Scheme, PMEGP, Stand-up India, TGB Sanjeevani), retail loans (house building, two-wheeler, car, education, personal, gold, mortgage, and specialized products such as Doctors Delight, Kalyan, Utsav Wrin Prakalpa, and Bharat Darshan), and a PNB TGB SPIRIT co-branded credit card. Distribution is supported by digital channels including internet banking, mobile banking, SMS banking, and WhatsApp Banking, alongside RuPay debit card issuance and integration with UPI, IMPS, NEFT, and RTGS payment systems. The bank also distributes life insurance (LIC, PNB Met Life, Canara HSBC Life) and general insurance products and runs TGBRSETI, a Rural Self Employment Training Institute.

Revenue is generated primarily through interest income on loans, net interest spread on deposits, transaction fees (account services, debit card, SMS, ATM, and internet banking), and commission income from insurance distribution and government disbursement services including state government salary payments, MGNREGA wages, student stipends, old age pensions, and Fair Price Shop collections. The customer base spans rural and agricultural households, MSMEs and Self Help Groups, government employees and pensioners, and unbanked populations targeted under financial inclusion schemes such as PMJDY, Atal Pension Yojana, PMJJBY, and PMSBY. Deposits are insured through DICGC membership up to Rs. 5 lakh per depositor.

Name

Tripura Gramin Bank

Legal name

Tripura Gramin Bank

Website

https://tripuragraminbank.org

Company type

Private

Founded year

1976

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Tripura Gramin Bank is the sole Regional Rural Bank serving all eight districts of Tripura, India, offering savings, deposits, agricultural, MSME, and retail loans, digital banking, insurance distribution, and government welfare disbursement to rural households, farmers, and state employees.

Ownership category

akta.pro rank

Headquarters

HQ city

Agartala

HQ country

India

HQ region

Asia

Offices4 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales, Others

Revenue model

1. Interest Income from Loans: Primary revenue stream from interest charged on various loan products including agricultural loans, retail/housing loans, MSME loans, education loans, gold loans, and other credit facilities extended to individuals, farmers, businesses, and government employees.
2. Deposit Interest Payments: Accepts deposits through savings accounts, current accounts, fixed deposits, and recurring deposits. Pays interest to depositors, with differential rates for senior citizens.
3. Fee-based Services: Fees from account services, debit card issuance/usage, SMS banking, internet banking, ATM transactions beyond free limits, and other banking service charges.
4. Government Disbursement Services: Services including salary disbursement to state government employees, MGNREGA wage payments, student stipend payments, old age pension payments, and Fair Price Shop collections on behalf of state government.
5. Insurance Services: Distribution of life insurance products (LIC, PNB Met Life, Canara HSBC Life) and general insurance products with commission income.

Pricing tiers

Go-to-market motion1 record

Distribution channels6 records

Marketing channels6 records

Core offering

Tripura Gramin Bank is a Regional Rural Bank operating exclusively in Tripura state, India. It provides deposit products (savings, current, fixed and recurring deposits), a broad retail and agricultural lending portfolio (housing, personal, vehicle, education, Kisan Credit Card, Joint Liability Group loans), MSME lending under government schemes (PM Mudra, PMEGP, Stand-up India), digital banking channels (netbanking, mobile banking, WhatsApp banking, UPI/IMPS/NEFT/RTGS), RuPay debit and co-branded credit cards, insurance distribution, and government benefit disbursement services (salaries, MGNREGA wages, pensions, student stipends) through its branch network covering all 8 districts of Tripura.

Product overview

Tripura Gramin Bank is a Regional Rural Bank offering a comprehensive suite of banking products and services through multiple delivery channels including branch banking, internet banking, mobile banking, and WhatsApp banking. The core banking offerings include savings accounts, current accounts, fixed deposits, and recurring deposits with various salary package variants (TGB Secure, Elite, Privilege, Signature). The retail lending portfolio covers house building loans, two-wheeler loans, car loans, personal loans, education loans, and specialized products like TGB Doctors Delight and TGB Kalyan. MSME lending includes PM Mudra Yojana, PM Street Vendor Scheme, PMEGP, Stand-up India, and TGB Sanjeevani. Agricultural products include Kisan Credit Card and Joint Liability Group loans. The bank also provides RuPay debit cards (Classic, Platinum, PMJDY variants), co-branded credit cards with PNB, and various insurance products through partnerships with LIC, PNB Met Life, and Canara HSBC. Digital banking services include retail and corporate internet banking, mobile banking, SMS banking, and WhatsApp banking, with integrations for UPI, IMPS, NEFT, and RTGS payment systems.

Differentiator

Problem solved

Functional benefit

Products and services

• TGB Savings Account Basic savings deposit account for individuals and entities, offering debit card, cheque book, mobile banking, and internet banking facilities with RuPay ATM cards issued to account holders.
• TGB Current Account Current deposit account for businesses, sole proprietors, partnerships, companies, trusts, and other entities with unlimited transactions and no interest earned.
• TGB Fixed Deposit Term deposit scheme with attractive interest rates for lumpsum deposits, tenure 7 days to 10 years, minimum Rs. 1,000 investment, with premature withdrawal permitted and higher rates for senior citizens.
• TGB Recurring Deposit (RD) Monthly installment deposit scheme accumulating a lumpsum over 12 months to 10 years, with penalty of Rs. 1.00 per Rs. 100 for delayed installments and amount transferred to account on maturity.
• TGB House Building Loan Housing loan for construction, purchase, renovation, or repair of houses/flats, with options for standalone land purchase (up to Rs. 100 lakh in state capital, Rs. 50 lakh elsewhere), repairs/renovation up to Rs. 35 lakh, PMAY-U 2.0 subsidy eligibility, fixed or floating rates, low EMI, no prepayment charges.
• TGB Two Wheeler Loan Retail loan product for purchase of two-wheelers with competitive interest rates.
• TGB Car Loan (Own your Car) Retail loan product for purchase of cars with flexible repayment options.
• TGB Personal Demand Loan Personal loan for salaried individuals with overdraft facility against salary.
• TGB Education Loan Loan product for financing higher education expenses.
• TGB Doctors Delight Specialized loan product for medical professionals including doctors.
• TGB Pensioners Loan Loan product designed for pensioners with specific repayment terms.
• TGB Consumer Durable Loan Loan product for purchase of consumer durable goods.
• TGB Utsav Wrin Prakalpa Festival/wedding loan product for specific life events.
• TGB Bharat Darshan Travel/tourism loan product for holiday/education travel.
• TGB Kalyan (For Wage Earners) Loan product specifically designed for wage earners.
• TGB Gold Loan (Swarnim) Gold loan product using gold jewellery as collateral with competitive rates.
• TGB Mortgage Loan Loan against property/mortgage for business or personal needs.
• PM Mudra Yojana Government scheme for micro and small enterprises providing loans under Shishu, Kishore, and Tarun categories.
• PM Street Vendor Scheme Government scheme providing credit to street vendors for business working capital.
• PMEGP (Prime Minister's Employment Generation Programme) Government scheme for generating employment by providing loans to micro enterprises.
• Stand-up India Government scheme providing bank loans between Rs. 10 lakh to Rs. 1 crore to at least one SC/ST or woman borrower.
• TGB Sanjeevani MSME loan product for small business support.
• TGB Kisan Credit Card (Agricultural) Agricultural credit card for farmers providing flexible access to credit for farming needs.
• TGB Joint Liability Group Loan Group lending product for agricultural purposes, typically for tenant farmers.
• TGB Salary Account Salary account package schemes including TGB Secure, Elite, Privilege, and Signature variants with different benefits.
• TGB Sweep Deposit Scheme Linked deposit scheme that automatically sweeps excess balance above threshold into fixed deposits.
• Pradhan Mantri Jan-Dhan Yojana (PMJDY) Government financial inclusion program offering zero balance bank accounts with overdraft facility up to Rs. 5,000.
• Atal Pension Yojana Government pension scheme for unorganized sector workers providing guaranteed minimum pension.
• PMJJBY (Pradhan Mantri Jeevan Jyoti Bima Yojana) Government life insurance scheme providing life cover of Rs. 2 lakh at nominal premium.
• PMSBY (Pradhan Mantri Suraksha Bima Yojana) Government accident insurance scheme providing accidental death/disability cover at nominal premium.
• Life Insurance Products Bancassurance products offered through Life Insurance Corporation of India, PNB Met Life India, and Canara HSBC Life Insurance.
• General Insurance Products General insurance products offered through partner insurance companies for risk coverage.
• Safe Deposit Locker Locker facility for safekeeping of valuables and documents.
• TGBRSETI (Rural Self Employment Training Institute) Rural Self Employment Training Institute providing skill development and entrepreneurship training programs.

Quantifiable outcome

• Branch network covering all 8 districts of Tripura
• +2 more outcomes

Named customers6 records

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration6 records

Feature4 records

Partnerships

Six partnerships are on record, tiered minor and core.

• Life Insurance Corporation of India (LIC)minorOthersLife insurance products distributed through Tripura Gramin Bank branches. LIC offers life insurance policies to bank customers.
• PNB Met Life IndiaminorOthersLife insurance products distributed through the bank. Partnership for offering life insurance solutions to bank customers.
• Canara HSBC Life InsuranceminorOthersLife insurance products distributed through the bank. Provides life insurance offerings to customers of Tripura Gramin Bank.
• Reserve Bank of India (RBI)coreOthersRegulatory authority governing banking operations. Provides banking guidelines, policies, and oversight for the bank's operations.
• Government of TripuracoreStrategic or Co-development PartnerState government partnership for disbursement of salaries to government employees, MGNREGA wages, student stipends, old age pensions, and Fair Price Shop collections. Major government banking partner.
• DICGC (Deposit Insurance and Credit Guarantee Corporation)minorOthersDICGC is a statutory corporation that provides deposit insurance to depositors. Tripura Gramin Bank is a DICGC member.

Scale indicators6 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Punjab National Bank: Sponsor bank of Tripura Gramin Bank and one of India's largest PSU banks with extensive rural and semi-urban network. Provides governance, capital support, and operational guidelines to TGB; competes in commercial banking across India including Tripura.
• State Bank of India: India's largest PSU bank with the country's most extensive rural branch network and significant presence in Tripura. Competes with TGB for government business, deposits, and MSME lending across Tripura's 8 districts.
• Indian Bank: PSU bank with growing presence in eastern India and significant rural lending portfolio. Comparable commercial banking product suite including agricultural loans, MSME schemes, and government salary accounts.
• UCO Bank: PSU bank with strong regional presence in eastern and northeastern India, including Tripura. Offers overlapping banking services to similar rural and semi-urban customer segments.

Emerging players

• Ujjivan Small Finance Bank: Small Finance Bank targeting rural and semi-urban segments with small-ticket loans and savings products. Increasingly relevant competitor to TGB in MSME lending and financial inclusion across underserved districts.
• Jana Small Finance Bank: Small Finance Bank focused on unbanked and underbanked segments with microfinance roots. Competes with TGB in financial inclusion, microcredit, and rural deposit mobilization, particularly through digital channels.

Direct peers

• Bangiya Gramin Vikash Bank: Regional Rural Bank in West Bengal operating with similar RRB mandate, rural branch network, and government salary/pension disbursement role. Comparable in product portfolio (agricultural loans, MSME schemes, savings accounts) and target customer base.
• Assam Gramin Vikash Bank: Regional Rural Bank in Assam, also sponsored by Punjab National Bank, serving rural Northeast India with identical RRB mandate, deposit/loan product mix, and NABARD oversight. Directly comparable in structure, target segment, and regulatory framework.
• Dakshin Bihar Gramin Bank: Regional Rural Bank in Bihar with analogous RRB structure, NABARD oversight, and rural lending focus across agricultural and MSME segments. Directly comparable in scale and operating characteristics.
• Paschim Banga Gramin Bank: Regional Rural Bank in West Bengal with similar product suite including Kisan Credit Card, government welfare scheme distribution, and rural-focused lending. Comparable in operating model and regulatory positioning to TGB.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/tgbofficial1976
• Facebookfacebook.com/tgbofficial1976
• Instagraminstagram.com/tgbofficial1976
• LinkedInlinkedin.com/company/tripura-gramin-bank-agartala

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

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M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Tripura Gramin Bank