The Udaipur Mahila Samridhi
Urban Co-operative Bank Ltd.
Deposits with The Udaipur Mahila Samridhi Urban Co-operative Bank Ltd. are insured by the Deposit Insurance and Credit Guarantee Corporation (DICGC), a wholly owned subsidiary of the Reserve Bank of India (RBI), subject to applicable terms and conditions.
Maximum insurance coverage per depositor per bank including principal and interest.
Deposit Insurance and Credit Guarantee Corporation (DICGC) is a subsidiary of the Reserve Bank of India established for providing insurance cover to bank depositors.
DICGC provides deposit insurance cover to eligible bank deposits in India as per the provisions of the DICGC Act and applicable RBI regulations.
Savings Bank deposits are covered under DICGC insurance.
Current Account deposits are eligible for insurance protection.
Fixed Deposit accounts are covered under DICGC insurance.
Recurring Deposit accounts are also covered under insurance.
Maximum insurance cover available is ?5 lakh per depositor per bank.
Insurance includes both principal amount and accrued interest.
Customers are automatically covered. No separate registration required.
DICGC functions under regulatory supervision of RBI.
The current DICGC insurance limit is ?5,00,000 per depositor per bank.
Yes, Fixed Deposits are covered under DICGC insurance.
No. Eligible deposits are automatically covered under DICGC insurance.
Yes. Insurance cover includes principal and interest amount together.
Customers may visit the official DICGC website for complete information regarding deposit insurance.
Visit DICGC WebsiteDeposit Insurance coverage is provided by DICGC as per applicable RBI and DICGC regulations. Customers are advised to refer to official RBI and DICGC notifications for latest updates.