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View Full Version : What percentage of deposits with SBI are fully insured under DICGC?



IndiaInsurance
31st January 2022, 07:34 PM
https://img.etimg.com/photo/89246398.cms (https://economictimes.indiatimes.com/wealth/personal-finance-news/what-percentage-of-deposits-with-sbi-are-fully-insured-under-dicgc/articleshow/89246398.cms)As 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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