Deposit Scheme Insurance from DICGC
Insurance for your principal and interest
Come be an insured depositor for both your principal and interest held at Cosmos Bank. Deposit Insurance premium is borne entirely by the Bank!
Would you like to be insured on your deposits?
Cosmos bank is a member of Deposit Insurance & Credit Guarantee Corporation. The purpose of DICGC is to provide for the establishment of a Corporation for the purpose of insurance of deposits and guaranteeing of credit facilities and for other connected matters.
This scheme is helpful for attaining insurance on different aspects of deposits like deposits from foreign, central and state governments, inter-bank deposits, etc.
- Each depositor in the bank is insured up to a maximum of Rs.5,00,000/- (Rupees Five Lakhs) for both principal and interest amount held by him.
- Deposit insurance premium is borne entirely by the bank.