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A society built on commitment, transparency & service.
Navayuga Credit Souharda Co-operative Society Ltd. was founded by four young visionaries who brought their experience in the co-operative sector to build something new for Mangaluru.

A New Era of Trust, Service & Progress
Welcome to Navayuga Credit Souharda Co-operative Society Ltd.
It is our privilege to serve our members with a commitment to trust, transparency, and excellence. We believe a strong co-operative is built by creating meaningful opportunities for its members and contributing to the well-being of the community.
Our journey has been guided by integrity, innovation, dedicated service, and collective progress. We remain committed to providing dependable financial solutions that support the aspirations and financial well-being of our members.
As we look to the future, we will continue to focus on quality service, innovation, and inclusive growth, while strengthening the trust our members place in us.
Your Trust, Our Commitment, Your Growth, Our Priority.
Founded by four, built for many
Navayuga Credit Souharda Co-operative Society Ltd., Pumpwell, Mangaluru, was founded by four young visionaries — Mr. Chethan Kumar B, Mr. Nithin Kumar Shetty, Mr. Ronald Jerald Fernandes and Mr. Sharath Kumar Shetty. Together, they brought their extensive experience and leadership in the co-operative sector to build a society founded on trust, transparency and member-focused service.
Having served in co-operative society institutions, the founders gained valuable insights into the importance of trust, transparency and member-focused service. With a shared vision and a strong commitment to co-operative principles, they came together to establish a co-operative society dedicated to providing reliable solutions and meaningful services for the growth and well-being of its members.
“Navayuga” means New Era — a new and progressive chapter in the co-operative movement.
Founded on the values of integrity, innovation, transparency and collective progress, the society is committed to empowering its members and contributing to the development of the community.

To be a progressive force in the co-operative sector
Empowering every member through innovation, dedicated service and meaningful financial opportunities.
Officially inaugurated on 30th June 2022, the society embarked on a new era of service with a strong commitment to empowering its members and strengthening the community through trust, dedication and inclusive growth.
Integrity
Every decision is taken in the interest of members, with nothing hidden.
Innovation
Modern schemes and services that fit the lives our members lead today.
Transparency
Clear rates, clear terms and open communication at every step.
Collective progress
When the society grows, every member grows with it.
The people behind the new era
Four professionals with deep experience in co-operative institutions, united by a shared vision for their members.

President

Chief Executive Officer

Branch Manager

Development Manager
Guided by a thirteen-member board
Elected members who bring local knowledge, professional experience and accountability to every decision.
Mr. Chethan Kumar B
Mrs. Sachitha Chandrakanth Shetty
Directors
- Mr. Aeren D. S. Lobo
- Mr. Ashish Kumar
- Mr. Ganesha
- Mr. Harsharaj Kundar
- Mr. Lakshmeesha N
- Mr. Melwyn David Mascarenhas
- Mrs. Rashmi Maria D'Souza
- Mr. Shashidhara K
- Mr. Sudeep Kumar M
- Mrs. Varsha U
- Mr. Vishwanath Acharya
From registration to a growing membership
- 2021–22
Registered
Registered as a Souharda co-operative under Reg. No. DRP:S9:REG:SOU:CR05:6286:2021-22.
- 30 June 2022
Inaugurated
Doors opened at Padmashree Complex, Pumpwell, with a commitment to inclusive growth.
- Today
Growing together
Deposits, loans, insurance and everyday services for members across Mangaluru.
Member-focused financial services
Navayuga Credit Souharda Co-operative Society Ltd. provides a comprehensive range of member-focused financial services, including savings schemes, fixed deposits, recurring deposits, affordable credit facilities and insurance solutions, designed to meet the diverse financial needs and support the overall well-being of its members.