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