Guide to the Deposit Insurance System in India
Deposit
Insurance and Credit Guarantee Corporation (DICGC) (a wholly owned subsidiary
of RBI) guarantees Deposit Insurance Coverage up to Rs. 1,00,000 (Rupees One Hundred Thousand) for all
Leading Commercial Banks.
Each depositor
in a bank is insured up to a maximum of Rs. 1,00,000 for both principal and interest amount
held by him/her as on the date of liquidation/cancellation of bank's licence or
the 
