Terms & Conditions

Last Updated: June 2026

Welcome to NMD Society

Welcome to the website of New Maa Ditya Co-Operative (Urban) Thrift & Credit Society Ltd., popularly known as NMD Society (“Society”, “we”, “our”, or “us”).

By accessing or using our website,
you agree to comply with and be bound by these Terms & Conditions. If you do not agree with any part of these Terms, please discontinue use of the website immediately.

1. Acceptance of Terms

By using this website, you confirm that:

• You are legally capable of entering into a binding agreement.
• You will use the website in accordance with applicable laws and regulations.
• You agree to comply with all Society policies, rules, and applicable Cooperative Society regulations.

2. Purpose of the Website

This website is intended to:

• Provide information about NMD Society and its services.
• Share details regarding savings, deposits, loans, and membership schemes.
• Provide access to forms, notices, updates, and announcements.
• Facilitate communication between members and the Society.

The information provided on this website is for general informational purposes only and does not constitute financial, legal, or investment advice.

3. Membership Eligibility

Membership of NMD Society is subject to:

• The Society’s Bye-Laws.
• Applicable Cooperative Society Acts, Rules, and Regulations.
• Approval by the competent authority of the Society.

Visiting or using this website does not automatically grant membership rights.

4. User Responsibilities

Users agree that they will not:

• Use the website for unlawful or fraudulent purposes.
• Attempt to gain unauthorized access to any part of the website.
• Upload malicious software, viruses, or harmful code.
• Interfere with the operation or security of the website.
• Submit false, misleading, or inaccurate information.

Any violation may result in restriction of access and legal action where applicable.

5. Intellectual Property Rights

All content available on this website, including:

• Text
• Graphics
• Logos
• Images
• Documents
• Website Design
• Trademarks

is the property of NMD Society or its licensors and is protected under applicable intellectual property laws.

No content may be copied, reproduced, modified, distributed, or published without prior written permission from NMD Society.

6. Deposits, Savings & Loan Information

Information regarding savings accounts, fixed deposits, recurring deposits, loans, and other schemes is subject to:

• Society Bye-Laws
• Internal policies
• Applicable Cooperative Society regulations

Interest rates, eligibility criteria, benefits, and terms may change from time to time without prior notice.

Users are advised to contact the Society directly for the latest information before making any financial decisions.

7. Accuracy of Information

While NMD Society makes reasonable efforts to ensure the accuracy of information on this website, we do not guarantee that:

• All information is complete, accurate, or current.
• The website will always be available without interruption.
• The website will be free from errors or technical issues.

Information may be updated, modified, or removed at any time without prior notice.

8. Third-Party Links

The website may contain links to third-party websites for convenience and informational purposes.

NMD Society does not control, endorse, or assume responsibility for:

• Third-party content
• Services offered by third parties
• Privacy practices of external websites

Users access such websites at their own risk.

9. Limitation of Liability

To the maximum extent permitted by law, NMD Society shall not be liable for:

• Any direct or indirect losses arising from website use.
• Loss of data, profits, or business opportunities.
• Service interruptions or technical failures.
• Unauthorized access to user information.

Users access and use the website at their own risk.

10. Privacy

Use of this website is also governed by our Privacy Policy.

By using the website, you consent to the collection and use of information as described in the Privacy Policy.

11. Website Availability

NMD Society reserves the right to:

• Suspend website access temporarily for maintenance.
• Modify website features.
• Restrict access to certain services.
• Discontinue any section of the website without prior notice.

We shall not be liable for any inconvenience caused by such interruptions.

12. Indemnification

You agree to indemnify and hold harmless NMD Society, its officers, employees, committee members, and representatives from any claims, damages, liabilities, or expenses arising from:

• Your misuse of the website.
• Violation of these Terms & Conditions.
• Violation of any applicable law or regulation.

13. Governing Law

These Terms & Conditions shall be governed by and construed in accordance with the laws of India and applicable Cooperative Society regulations.

Any disputes arising out of the use of this website shall be subject to the exclusive jurisdiction of the competent courts and authorities having jurisdiction over the registered office of NMD Society.

14. Changes to Terms & Conditions

NMD Society reserves the right to revise or update these Terms & Conditions at any time.

Changes will become effective immediately upon publication on this page. Continued use of the website constitutes acceptance of the revised Terms.

By using this website, you acknowledge that you have read, understood, and agreed to these Terms & Conditions.