Schemes

Other Services

  • UGB offers a unique “Gramin Pay order(GPO)” scheme for its customers to remit their funds throughout India The GPO’s are payable at any branch of the State Bank of India.
  • UGB also offers cheque/draft collection facility to its customers.
  • Locker facility at select branches is also available.
  • All loans under various government sponsored schemes are also financed by UGB.
  • UGB also issues bank guarantee.
  • The Reserve Bank of India has also permitted UGB to open NRE/FCNR accounts.
  • UGB has obtained the corporate agency of SBI Life Insurance Company Limited for marketing of thye life insurance products.
  • General insurance products of National Insurance Company Limited are also available at UGB branches. Thus a customer can have banking as well as Insurance products under a single roof.
  • Mutual fund products of SBI Mutual Fund are also available with UGB branches.