Madhyanchal Gramin Bank (MGB) is a regional rural bank (RRB) established on 1st November 2012, after the merger of Madhya Bharat Gramin Bank, Rewa Sidhi Gramin Bank, and Sharda Gramin Bank. Sponsored by State Bank of India (SBI), MGB is headquartered in Sagar, Madhya Pradesh, and operates across 13 districts in the state. The bank offers a variety of financial services to facilitate easy access to account information, MGB offers several methods for customers to check their account balances, including WhatsApp Banking, SMS Banking, and Aadhaar Enabled Payment System (AEPS).
MGB WhatsApp Banking For Balance Enquiry
MGB has introduced WhatsApp Banking to offer customers a convenient way to access various banking services. By sending a ‘Hi’ message to 8744808666 on WhatsApp, customers can avail themselves of a range of services at their fingertips. This platform provides round-the-clock access to both financial and non-financial services, ensuring secure, end-to-end encrypted interactions. The service is available in English and is designed for ease of use, allowing customers to:
- Balance Enquiry: Check their account balance instantly.
- Mini Statement: View recent transactions to monitor account activity.
- Account Statement: Request detailed account statements for a specified period.
This service ensures that customers can manage their accounts effectively, even without internet access.
MGB SMS Banking
MGB offers SMS Banking services to keep customers informed about their financial transactions. By registering their mobile numbers with the bank, customers receive instant notifications for various account activities, including:
- Inward & Outward Clearing: Alerts for cheque clearances.
- Term Loan Instalment & Overdue: Reminders for loan instalments and overdue payments.
- IMPS SMS Alerts: Notifications for Immediate Payment Service transactions.
- ATM Card Transactions: Alerts for ATM withdrawals and other card-related activities.
- UPI Transactions: Notifications for Unified Payments Interface transactions.
- Term Deposit Maturity Alerts: Reminders when fixed deposits or other term deposits are nearing maturity.
To enroll in the SMS Banking service, customers need to fill out the application form available on the bank’s website and submit it to their respective branch. This service enhances account security and helps customers manage their finances more effectively.
Aadhaar Enabled Payment System (AEPS)
MGB provides the Aadhaar Enabled Payment System, allowing customers to access their Aadhaar-linked bank accounts and perform basic banking transactions through a Business Correspondent (BC) using Aadhaar authentication. Services offered under AEPS include:
- Balance Inquiry: Check the balance in your bank account.
- Cash Withdrawal: Withdraw cash from your bank account.
- Mini Statement: Get a mini statement of recent transactions.
- Aadhaar to Aadhaar Fund Transfer: Send money to another Aadhaar-linked bank account.
- Cash Deposit: Deposit cash into your bank account.
This service is especially beneficial for customers in remote areas, promoting financial inclusion by bringing banking services closer to them.
Contact Information
For any assistance or inquiries regarding balance check services or other banking facilities, customers can reach out to MGB through the following channels:
- Help Desk Number: 07582-237318, 07582-236299
- Email: vigilance@mgbank.co.in
These contact options ensure that customers can easily access support and information as needed.
Madhyanchal Gramin Bank’s suite of services, including WhatsApp Banking, SMS Banking, and the Aadhaar Enabled Payment System, are designed to provide customers with flexible and convenient options to manage their accounts. By leveraging these services, customers can stay informed about their account balances and perform transactions with ease, reflecting MGB’s commitment to accessible and customer-friendly banking solutions. With a strong focus on financial inclusion and rural development, MGB supports farmers, self-help groups, and small businesses, contributing significantly to Madhya Pradesh’s economic growth.
