GENERAL/ MISCELLANEOUS CIRCULARS

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

By TEAM CIRCULAR EXPRESS • 09 Oct 2026
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• The DICGC is initiating payments to 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 a willingness declaration to the bank by November 22, 2026.
• Payments up to Rs. 5 lakh will be credited to the alternate bank account or Aadhaar-linked account provided by the depositor.
Name of Bank
Sri Mahatma Basaveshwar Co-operative Bank Ltd., Afzalpur
City
Afzalpur
State
Karnataka
Last date
2026-11-22
Date of payment
2027-01-06
purpose of issuance
Payment of deposit insurance claims under Section 18A of the DICGC Act
Most Important Details
Depositors must submit valid identity documents and a willingness declaration to the bank to receive insurance payments up to a maximum of Rs. 5 lakh.
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