https://img.etimg.com/photo/89246398.cmsAs per the current laws, bank deposits are covered up to Rs 5 lakh per depositor per bank under the DICGC Act, 1961. The limit was raised from Rs 1 lakh to Rs 5 lakh in the Union Budget 2020.
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https://img.etimg.com/photo/89246398.cmsAs per the current laws, bank deposits are covered up to Rs 5 lakh per depositor per bank under the DICGC Act, 1961. The limit was raised from Rs 1 lakh to Rs 5 lakh in the Union Budget 2020.
More...