Is Your Money Safe in the Bank? DICGC Insurance Explained – What Is Covered, What Is Not & What Every Indian Must Know (2026)
Quick Answer: Yes — your money in Indian banks is protected by DICGC (Deposit Insurance and Credit Guarantee Corporation), a wholly owned subsidiary of the Reserve Bank of India. DICGC insures deposits up to ₹5 lakh per depositor per bank — covering savings accounts, fixed deposits, recurring deposits, and current accounts combined. If a bank […]
