Deposit Insurance and Credit Guarantee Corporation
DICGC Act, 1961 (corporation constituted 1978)
Record
- Statute: DICGC Act, 1961 (corporation constituted 1978)
- Established: 1978
- Under: Reserve Bank of India (wholly owned)
- Mandate: Deposit insurance: Rs 5 lakh per depositor per bank per right (since 4 Feb 2020); insurer of last resort on bank failure
- Consumer grievance route: Claims routed via failed banks; RBI Ombudsman for related disputes
- Site: https://dicgc.org.in