Summary: Mr. Premchund Roychund was a highly esteemed and charitable individual, known for his generosity and kindness towards his fellow townsmen. He made a significant donation of two lakhs rupees towards the University Library in 1864, without any conditions attached. Despite facing financial setbacks and losing his fortune due to speculation, he remained optimistic and resilient, rebuilding his business and continuing to contribute to society. His philanthropic activities extended beyond one community or race, showcasing his catholicity and benevolence. His legacy as a generous benefactor, especially towards education and communal reform, remains noteworthy. Despite his fall from financial grace, his true character as a man of gentleness, sincerity, and simplicity, full of human kindness and generosity, was recognized and appreciated by the public. His unwavering optimism, innate goodness, and noble character stood out during his forty-year career, making him a revered figure in the community.