Notice
Effective: 01 April 2026
Kind Attention Members
With effect from 01.04.2026, we are moving to a new software system for better services to customers and ease of operations. The following changes will apply:
1
Fixed Deposit (FD) — Interest Payment
Interest will be calculated and paid at the end of each month, instead of on the respective deposit dates.
2
Gold Loan Interest Calculation
- Due for interest payment is extended to 5th of the next month instead of the last date of the current month.
- Interest calculation will be made up to the date of payment, instead of for the full month.
- Demand will be generated at the end of the month, payable without any penalty on or before 5th of the succeeding month.
3
Rounding Benefit
All calculations will be rounded off to the nearest Rupee, for the benefit of Members.
Need Clarification?
Contact our branch for any questions about these policy changes.