We are having an account with Bally Cooperative Bank in Howrah,West Bengal. However, due to mismanagement & politically granted loans and consequent non recovery, the bank is closed now and RBI on a case to case basis grants a small % of deposits on medical ground etc. But there is Deposit Insurance & Credit Guarantee Corporation, 100% subsidiary of RBI. What is the procedure to be complied with by poor depositors having deposit less than Rs.1 Lakh. There is political vested interest groups. Kindly advise.