Claims Settled
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Main Claims Settled during the year 2020-21

Sr.No.

State

Name of the Bank(u/l)

Claim Sanction Date

Remarks

1

Rajasthan

Bhilwara Mahila Cooperative Bank Ltd. (U/L)

July 7, 2020

The Main Claim of the bank was settled for an admissible amount of ₹27,07,05,512.67 (Rs. Twenty Seven Crore Seven Lakh Five Thousand Five Hundred Twelve and Paise Sixty Seven Only) for 11925 depositors towards settlement of the deposit insurance claim of the traceable depositors.

2

Uttar Pradesh

Brahmawart Commercial Cooperative Bank Ltd. (U/L)

October 5, 2020

The Main claim of the bank was settled under Corporation's policy of expeditious settlement of claims. The claim settlement was done with the liquid funds available with the Bank.

3

Maharashtra

Shri Sai Urban Cooperative Bank Ltd. (U/L)

December 27, 2020

The Main Claim of the bank was settled for an admissible amount of ₹93,72,573.63 (Rs. Ninety Three Lakh Seventy Two Thousand Five Hundred Seventy Three and Paise Sixty Three Only) for 449 depositors towards settlement of the deposit insurance claim of the traceable depositors.

4

Maharashtra

C.K.P cooperative Bank Ltd. (U/L)

December 30, 2020

The Main Claim of the bank was settled for an admissible amount of ₹ 250,64,03,500.25 (Rs. Two hundred and Fifty Crores Sixty Four Lakh Three Thousand Five Hundred and Paise Twenty Five Only) for 43,720 depositors towards settlement of the deposit insurance claim of the traceable depositors.

5

Maharashtra

Navodaya UCBL (U/L)

January 6, 2021

The Main Claim of the bank was settled for an admissible amount of ₹ 15,36,40,879.86 (Rs. Fifteen Crores Thirty Six Lakh Forty Thousand Eight Hundred Seventy Nine and Paise Eighty Six Only) for 2125 depositors towards settlement of the deposit insurance claim of the traceable depositors.

6

Goa

Mapusa UCBL (U/L)

February 1, 2021

First part of Main Claim of the bank was settled for an admissible amount of ₹ 7,05,39,801.60 (Rs. Seven Crores Five Lakh Thirty Nine Thousand Eight Hundred One and Paise Sixty Only) for 45,088 depositors towards settlement of the deposit insurance claim of the traceable depositors with Claim amount less than Rs. 10,000/- only. Presently processing of the second part of the Main claim (traceable depositors with Claim amount more than Rs. 10,000/-) is under progress.

7

Uttar Pradesh

Ghaziabad UCBL (U/L)

February 1, 2021

The Main claim of the bank was settled under Corporation's policy of expeditious settlement of claims. The claim settlement was done with the liquid funds available with the Bank.