DICGC to pay up to ₹5 lakh to account holders of 21 insured banks1 min read . Updated: 22 Sep 2021, 01:02 PM IST
- Necessary instructions have been issued to the banks to submit claims within 45 days after obtaining depositors' nod to claim the amount, DICGC said
Deposit Insurance and Credit Guarantee Corporation (DICGC) will pay the depositors/account holders of the 21 insured banks placed under the all-inclusive directions (AID) an amount equivalent to the deposits outstanding or up to a maximum of ₹5 lakh in 90 days.
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