GENERAL/ MISCELLANEOUS CIRCULARS

Deposit Insurance Payment Schedule for Sri Mahatma Basaveshwar Co-operative Bank Ltd, Afzalpur

By TEAM CIRCULAR EXPRESS • 09 Oct 2026
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• DICGC will pay eligible depositors of Sri Mahatma Basaveshwar Co-operative Bank Ltd, Afzalpur, under Section 18A of the DICGC Act, 1961.
• Depositors must submit their claims, identity documents, and willingness declarations to the bank by November 22, 2026.
• Payments will be credited to the specified alternate bank account or Aadhaar-linked account by January 06, 2027, up to a maximum of Rs 5 lakh.
Name of Bank
Sri Mahatma Basaveshwar Co-operative Bank Ltd., Afzalpur
City
Afzalpur
State
Karnataka
last date
2026-11-22
Most Important Details
Eligible depositors must submit claims with identity proof and willingness declaration to the bank by November 22, 2026. Payments up to Rs 5 lakh will be credited to alternate or Aadhaar-linked accounts by January 06, 2027.
purpose of issuance
To initiate the claim settlement process for depositors of the bank under Section 18A of the DICGC Act.
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