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Protection against failure
Bank customers should note these important FAQs from the DICGC website.
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Which banks are insured by the DICGC?
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What does the DICGC insure?
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What is the maximum deposit amount insured by the DICGC?
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Does the DICGC insure just the principal on an account or both principal and accrued interest?
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Are deposits in different banks separately insured?
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When is DICGC liable to pay?
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How will you know whether your bank is insured by the DICGC or not?
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