NavayugaCredit Souharda Co-operative Society Ltd.
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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.

Inaugurated 30 June 2022Reg. No. DRP:S9:REG:SOU:CR05:6286:2021-22
Mr. Chethan Kumar B, Founder & President
President’s message

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.

Mr. Chethan Kumar BFounder & President
Our story

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.

Navayuga Credit Souharda Co-operative Society Ltd.Pumpwell, Mangaluru
Our vision

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.

Founding members

The people behind the new era

Four professionals with deep experience in co-operative institutions, united by a shared vision for their members.

Mr. Chethan Kumar B, Founder / President
Mr. Chethan Kumar BFounder
President
Mr. Nithin Kumar Shetty, Founder / Chief Executive Officer
Mr. Nithin Kumar ShettyFounder
Chief Executive Officer
Mr. Ronald Jerald Fernandes, Founder / Branch Manager
Mr. Ronald Jerald FernandesFounder
Branch Manager
Mr. Sharath Kumar Shetty, Founder / Development Manager
Mr. Sharath Kumar ShettyFounder
Development Manager
Board of directors

Guided by a thirteen-member board

Elected members who bring local knowledge, professional experience and accountability to every decision.

President

Mr. Chethan Kumar B

Vice President

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
Our journey

From registration to a growing membership

  1. 2021–22

    Registered

    Registered as a Souharda co-operative under Reg. No. DRP:S9:REG:SOU:CR05:6286:2021-22.

  2. 30 June 2022

    Inaugurated

    Doors opened at Padmashree Complex, Pumpwell, with a commitment to inclusive growth.

  3. Today

    Growing together

    Deposits, loans, insurance and everyday services for members across Mangaluru.

What we do

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.

Become part of the Navayuga family

Visit us at Padmashree Complex, Pumpwell, or call to learn how membership works.