About Deposit Scheme Insurance from D.I.C.G.C

Our bank is a member of Deposit Insurance & Credit Guarantee Corporation. The purpose of DICGC is to provide for the establishment of a Corporation for the purpose of insurance of deposits and guaranteeing of credit facilities and for other connected matters. For this Deposit Scheme, each deposit with the bank is insured up to a maximum of Rs. 100,000/-. This scheme is helpful for attaining insurance on different aspects of deposits like deposits from foreign, central and state governments, inter-bank deposits, etc. Avail the best services for the Flexi Fixed Deposit Scheme (Term) with us.

INSURANCE
RULE:
Each depositor in the bank is insured up to a maximum of 100,000 (Rupees One Lakh) for both principal and interest amount held by him Deposit insurance premium is borne entirely by the bank
Insurance Facility:
Get Insurance on the following:
>>   Deposits of foreign Governments
>>  Deposits of Central/State Governments
>>  Inter-bank deposits
>>  Deposits of the State Land Development Banks with the State co-operative bank
>>  Any amount due on account of and deposit received outside India and more



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