BHARAT BANKING BRANCH LAUNCHES
Situated in the sugarcane belt of Madhya Pradesh, Mehgwan was a small, unbanked village in the Bankhedi taluk of Hoshangabad District.
With the Narmada river flowing just some 20 km away, the rich smell of freshly prepared Gur or Jaggery wafting in the fresh breeze is common across this region. There are also two sugar mills located nearby. Wheat, Moong ( pulses) cultivation along with Dairy farming are the main livelihood activities of the area. Sandiya Ghat, located at around 20 kms from Mehgwan is where people from far and near come to take the holy dip in the Narmada river. Pipariya, Kareli and Narsinghpur are some of the towns nearby with the popular hill resort of Panchmarhi located just 60 km away.
Today, the IDFC Bank branch at Mehgwan today caters to 60 villages in its vicinity, bringing them