Bank FD rules: What happens to your money if a bank fails? The ₹5 lakh insurance limit, explained
Livemint·September 29, 2026
Bank fixed deposits offer predictable returns, but deposits are insured only up to ₹5 lakh per depositor per bank under DICGC rules, including principal and interest. Multiple accounts and FDs in the same bank are generally clubbed for insurance purposes. Here's how depositors can manage the risk.
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