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Deposit insurance: 9 things you should know
All bank deposits including savings, fixed, current and recurring deposit for up to the limit of Rs 5 lakh per bank is insured by the DICGC.
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Compensation delayed is compensation denied
Move to return customers' money within 90 days of a bank going down is welcome but also raises doubts whether one should put lot of money in one bank
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Top-9 free benefits with a savings bank account
Debit card users are also eligible to get attractive free benefits from banks.
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Deposit insurance of Rs 5 lakh may not be enough for your FDs
According to data put out in the 2021 annual report of the Reserve Bank of India, 98.1% of the total number of 252.6 crore accounts remain covered aga
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Do you know EPFO gives you free insurance? Know more about 4 such free insurance covers
There are many in-built covers which we don’t know about. They don’t need any documentation and therefore we often remain unaware of them.
