LAWyersclubindia LCI
Login  Register
Upgrad
LCI Learning

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

Banking rules law

Querist : Anonymous (Querist) 30 April 2010 This query is : Resolved 
A fixed deposit in a bank is insured / guranteed upto an amount of Rs.1,00,000.

Is this amount is with respect to each receipt of the depositor or with respect to all receipt of the depositor?
Report Abuse
A V Vishal (Expert) 30 April 2010
http://www.rbi.org.in/scripts/FAQView.aspx?Id=64

All your queries will be answered.
Parthasarathi Loganathan (Expert) 01 May 2010
Deposit insurance is done by DICGC which takes Rs.100000/- as individual deposits only
Krishnamurthy Ramdas Iyer (Expert) 03 May 2010
total of FDRs and S/B A/cs upto 1lac covered

Previous
Next

You need to be the querist or approved LAWyersclub expert to take part in this query .


Click here to login now



Similar Resolved Queries :



Ask Query
Unanswered Queries

Laws Laws Follow us





Browse by Category

Stay updated with latest Posts!