Malwa Gramin Bank, now part of Punjab Gramin Bank
Malwa Gramin Bank merged into Punjab Gramin Bank on 1 January 2019.
Bank details
- Status
- Merged in 2019
- Now part of
- Punjab Gramin Bank
- IFSC prefix
- MGRB
- MICR
- 140846102
- IIN
- 607241
- NACH debit
- No
- ACH credit
- Yes
- ACH debit
- No
- APBS
- No
Questions about Malwa Gramin Bank
What happened to Malwa Gramin Bank?
Malwa Gramin Bank merged into Punjab Gramin Bank on 1 January 2019.
Is Malwa Gramin Bank still in RBI's IFSC list?
Not under its own prefix: the current IFSC list has no branches for Malwa Gramin Bank. Its branches are now part of Punjab Gramin Bank.
Can AI-Mond read Malwa Gramin Bank statements?
Yes. AI-Mond can read and parse bank statements from Malwa Gramin Bank, extract transaction details into a clean ledger, and check running balances.
Reading Malwa Gramin Bank statements with AI-Mond
AI-Mond reads bank statements, credit card statements, invoices and receipts, as native or scanned PDFs, phone photos, Excel or CSV. You get a clean ledger where every row is checked against the printed balance, irregularities with their reasons, and cases that link accounts across banks. About 99% of rows are read correctly overall, scans included, and 100% on native PDFs; we don’t publish figures for individual banks.
Old Malwa Gramin Bank statements still read; it's now part of Punjab Gramin Bank
Statements from before the merger in 2019 carry the old name and IFSC. AI-Mond reads them like any other and can put them in one case with newer Punjab Gramin Bank statements.
Try a sample statement