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Cosmos Co-operative Bank Launches India’s First Youth-Focused Digital Banking App ‘Cosmo Galgal’ in Partnership with Umunthu System Pvt. Ltd..

Banking & Finance | Dated: 09 Oct 2025

In October 2025, Cosmos Co-operative Bank, one of India’s oldest urban co-operative banks, partnered with Umunthu System Private Limited to launch ‘Cosmo Galgal’, India’s first youth-centric digital banking solution from a co-operative bank. The app enables users to open zero-balance savings accounts with integrated video KYC in under 15 minutes.

🎯 Key Highlights:

  • - The Cosmo Galgal app offers a full suite of banking services including deposits, fund transfers, fixed deposits, and access to account statements, providing seamless branch-free banking for youth customers.
  • - Its TrendZ feature auto-categorizes user transactions, offering real-time spending insights. The app’s auto-budgeting tool divides expenses into essentials, savings, and discretionary spending, promoting smart financial habits among young users.

💡 Other Important Facts:

  • (i) Cosmo Galgal supports Unified Payments Interface (UPI) transactions, allowing users to link Cosmos Bank accounts with any UPI app. It also provides virtual debit cards for online use and physical RuPay Platinum cards with built-in rewards.
  • (ii) To enhance inclusivity, the app is available in English, Hindi, Marathi, and Gujarati, with plans to expand into more regional languages, making it accessible to a diverse user base across India.
  • (iii) Founded in 1906 by Krishnaji Sadashiv Gore and Shankar Hari Barve, Cosmos Co-operative Bank is headquartered at Cosmos Tower, Pune, Maharashtra, and continues its legacy of innovation through digital transformation in the co-operative banking sector.

📚 Test Your Knowledge:

What is the name of the recently launched youth-focused digital banking app introduced by Cosmos Co-operative Bank?

Correct Answer: Cosmo Galgal

🚀 Quick Recap: