Using your phone's internet browser
go to:  qna.rediff.com
Click and drag this link to
the Home icon in your browser.
Q.

What is the - Deposit Protection with Indian banks for deposits in India

Tags: india, money, sports
Asked by Amol Raikar, 13 Jul '13 07:35 pm
  Invite a friend  |  
  Save  |  
 Earn 10 points for answering
Answer this question  Earn 10 points for answering    
4000 characters remaining  
  
    
Keep me signed inNew User? Sign up

Answers (5)

1.

Deposit insurance and Guarantee Scheme
for all deposits up to Rs.1 lac per customer
Answered by anil garg, 13 Jul '13 09:40 pm

 
  
Report abuse
Useful
 (1)
Not Useful
 (0)
Your vote on this answer has already been received
2.

I think a deposit upto Rs. 1 lakh per depositor is insured by the DICGC
Answered by rajnikant raiyarela, 13 Jul '13 09:00 pm

 
  
Report abuse
Useful
 (0)
Not Useful
 (0)
Your vote on this answer has already been received
3.

It is

Deposit insurance and Guarantee Scheme which is given by Deposit Insurance guarantee corporation to banks for the deposits they accept from the depositors.
Answered by Om Shrivastava, 13 Jul '13 07:38 pm

 
  
Report abuse
Useful
 (1)
Not Useful
 (0)
Your vote on this answer has already been received
4.

Its rbi rule for all other banks
Answered by harpreet, 13 Jul '13 07:38 pm

 
  
Report abuse
Useful
 (1)
Not Useful
 (0)
Your vote on this answer has already been received

Ask a Question

Get answers from the community

600 characters remaining