Is your money safe in saving account? बैंक बंद हो जाये तो आपकी कितनी राशि सुरक्षित है ? Is your bank is insured under DICGC? If you are thinking this, you are on the right page.

The increase in Insurance coverage for depositors in all insured banks to Rs.5 lakh (Rs. Five lakh) by Deposit Insurance and Credit Guarantee Corporation (DICGC) from February 2020.

Now your money is safe (premium plus interest) upto 5 lacs rupees in saving account. Banks are paying the insurance premiums to DICGC to insure your money.

Which banks are secure and safe?

Commercial Banks : All commercial banks including branches of foreign banks functioning in India, local area banks and regional rural banks are insured by the DICGC.

Cooperative Banks : All-State, Central and Primary cooperative banks, also called urban cooperative banks, functioning in States / Union Territories which have amended the local Cooperative Societies Act empowering the Reserve Bank of India (RBI) to order the Registrar of Cooperative Societies of the State / Union Territory to wind up a cooperative bank or to supersede its committee of management and requiring the Registrar not to take any action regarding winding up, amalgamation or reconstruction of a co-operative bank without prior sanction in writing from the RBI are covered under the Deposit Insurance Scheme. At present all co-operative banks are covered by the DICGC.

You can check your bank name also on the DICGC site for more clarification.

List of insured banks

Public sector banks

Sr No Bank’s Name Address City State
1 ALLAHABAD BANK,
2 ANDHRA BANK,
3 BANK OF BARODA,
4 BANK OF INDIA,
5 BANK OF MAHARASHTRA,
6 CANARA BANK,
7 CENTRAL BANK OF INDIA,
8 CORPORATION BANK,
9 INDIAN BANK,
10 INDIAN OVERSEAS BANK,
11 ORIENTAL BANK OF COMMERCE,
12 PUNJAB AND SIND BANK,
13 PUNJAB NATIONAL BANK,
14 SYNDICATE BANK,
15 UCO BANK,
16 UNION BANK OF INDIA .
17 UNITED BANK OF INDIA,

18 STATE BANK OF INDIA,

Payment Banks

1 Airtel Payments Bank Limited
2 India Post Payments Bank Limited Post Office,
3 PayTm Payments Bank Limited
4 Fino Payments bank Limited
5 Jio Payments bank Ltd.
6 NSDL Payment Bank Ltd.

Small Finance banks 

1 AU SMALL FINANCE BANK LIMITED AU NEEV
2 Capital Small Finance Bank Limited MIDAS
3 Equitas Small Finance Bank Limited
4 ESAF Small Finance Bank Limited
5 FINCARE SMALL FINANCE BANK LTD.
6 Jana Small Finance bank Limited
7 North East Small Finance Bank Limited
8 Suryoday Small Finance Bank Limited
9 Ujjivan Small Finance Bank Limited
10 Utkarsh Small Finance bank Limited

Foreign Banks : Total foreign bank 46

Reginal Rural Bank (RRB) : 45 banks

1 ANDHRA PRADESH GRAMEENA VIKAS BANK H. NO. 2/-5-8/1, HEAD OFFICE, WARANGAL Warangal Andhra Pradesh
2 SAPTAGIRI GRAMEENA BANK P. B. NO. 17 HEAD OFFICE, CHITTOOR Chittoor Andhra Pradesh
3 CHAITANYA GODAVARI GRAMEENA BANK HEAD OFFICE, GUNTUR Guntur Andhra Pradesh
4 ANDHRA PRAGATHI GRAMEENA BANK, KADAPA 20/384 – A,POST BOX NO 65 HEAD OFFICE, KADAPA Kadapa Andhra Pradesh
5 ARUNACHAL PRADESH RURAL BANK, E – SECTOR, HEAD OFFICE,NAHARLAGUN, SHIV MANDIR ROAD, PAPUMPARE Papumpare Arunachal Pradesh
6 ASSAM GRAMIN VIKAS BANK, GUWAHATI HEAD OFFICE, GUWAHATI Guwahati Assam
7 Dakshin Bihar Gramin Bank Sri Vishnu Commercial Complex, 30 New Bypass Near BP Highway Services, Petrol Pump, Asochak, Patna Patna Bihar
8 UTTAR BIHAR GRAMIN BANK HEAD OFFICE, KALAMBAGH CHOWK MUZAFFARPUR Muzaffarpur Bihar
9 CHHATTISGARH RAJYA GRAMIN BANK 15, H.O., RECREATION ROAD, RAIPUR Raipur Chhattisgarh
10 Baroda Gujarat Gramin Bank Vadodara 101/ A, B N Chambers, First Floor, Opp Welcome Hotel, R C Dutt Road, Alkapuri Vadodara Gujarat
11 SAURASHTRA GRAMIN BANK HEAD OFFICE, S. J. PALACE, GOPAL NAGAR. DHEBARBHAI ROAD, RAJKOT Rajkot Gujarat
12 SARVA HARYANA GRAMIN BANK H. O., FINANCE DIVISION, ROHTAK Rohtak Haryana
13 HIMACHAL PRADESH GRAMIN BANK HEAD OFFICE, MANDI Mandi Himachal Pradesh
14 ELLAQUAI DEHATI BANK, HEAD OFFICE, SRINAGAR Srinagar Jammu & Kashmir
15 J& K GRAMEEN BANK HEAD OFFICE, P.O.UNIVERSITY CAMPUS, NARWAL, JAMMU Jammu Jammu & Kashmir
16 JHARKHAND RAJYA GRAMIN BANK 3rd Floor, Market Complex, District Board Ranchi Office Campus, Ranchi Ranchi Jharkhand
17 Karnataka Gramin Bank 32, KARNATAKA GRAMIN BANK,SANGANKAL ROAD BALLARI, KARNATAKA Ballari Karnataka
18 KARNATAKA VIKAS GRAMEENA BANK HEAD OFFICE, DHARWAD DHARWAD Dharwad Karnataka
19 KERALA GRAMIN BANK “SANGEETHA” HEAD OFFICE, MALAPPURAM Malappuram Kerala
20 MADHYA PRADESH GRAMIN BANK 2nd Floor, 201, Arcade Silver, New Palasia, Near 56 Shop, Indore Indore Madhya Pradesh
21 MADHYANCHAL GRAMIN BANK HEAD OFFICE, Poddar Colony, TILI ROAD, SAGAR Sagar Madhya Pradesh
22 MAHARASHTRA GRAMEEN BANK SHIVAJINAGAR, MAHARASHTRA NANDED Nanded Maharashtra
23 VIDHARBHA KONKAN GRAMIN BANK “CHANDRAPRASTHA” HEAD OFFICE, DEENDAYAL NAGAR, RING ROAD, NAGPUR Nagpur Maharashtra
24 MANIPUR RURAL BANK, H. O. IMPHAL Imphal Manipur
25 MEGHALAYA RURAL BANK OLD NAME-KHASI JAINTIA RURAL BANK, MTC BUILDING,POLICE BAZAR, Shilong Shilong Meghalaya
26 MIZORAM RURAL BANK, B – 5, BABU TILLA, HEAD OFFICE, AIZAWL Aizawl Mizoram
27 NAGALAND RURAL BANK, HEAD OFFICE, KOHIMA Kohima Nagaland
28 ODISHA GRAMYA BANK Gandamunda, Bhubaneswar Bhubaneswar Odisha
29 UTKAL GRAMEEN BANK HEAD OFFICE, Club Para, BOLANGIR Bolangir Odisha
30 PUDUVAI BHARATHIAR GRAMA BANK HEAD OFFICE, MUTHIALPET Muthiapet Puducherry
31 PUNJAB GRAMIN BANK KAPURTHALA JALANDHAR ROAD,Chandigarh Chandigarh Punjab
32 BARODA RAJASTHAN KSHETRIYA GRAMIN BANK HEAD OFFICE, 1ST FLOOR, ANASAGAR CIRCULAR ROAD AJMER Ajmer Rajasthan
33 RAJASTHAN MARUDHARA GRAMIN BANK 9TH B ROAD, TULSI TOWER, JODHPUR Jodhpur Rajasthan
34 TAMILNADU GRAMA BANK NO.6 YERCAUD ROAD, Hasthampatty, SALEM Salem Tamil Nadu
35 TELANGANA GRAMEENA BANK HEAD OFFICE, H No. 2-1-520, 2nd floor Vijaya Sri Sai Celestia, Street No. 9, Shankermutt Road, Nallakunta, Hyderabad Hyderabad Telangana
36 TRIPURA GRAMIN BANK., HEAD OFFICE, AIRPORT ROAD, AGARTALA Agartala Tripura
37 ARYAVART BANK A-2/46, VIJAYA KHAND GOMTI NAGAR, LUCKNOW Lucknow Uttar Pradesh
38 BARODA UTTAR PRADESH GRAMIN BANK HEAD OFFICE, UTTAR PRADESH Raebareli Raebareli Uttar Pradesh
39 KASHI GOMTI SAMYUT GRAMIN BANK HEAD OFFICE, VARANASI – SIGRA, Varanasi Varanasi Uttar Pradesh
40 PRATHAMA UP GRAMIN BANK RAM GANGA VIHAR PHASE II MORADABAD Lucknow Uttar Pradesh
41 PURVANCHAL BANK HEAD OFFICE, GORAKHPUR Gorakhpur Uttar Pradesh
42 UTTARAKHAND GRAMIN BANK HEAD OFFICE, DEHRADUN Dehradun Uttarakhand
43 BANGIYA GRAMIN VIKASH BANK HEAD OFFICE, POST OFFICE CHUANPUR,DISTRICT MURSHIDABAD, Murshidabad West Bengal
44 PASCHIM BANGA GRAMIN BANK HEAD OFFICE, TIKIAPARA HOWRAH Howrah West Bengal
45 UTTAR BANGA KSHETRIYA GRAMIN BANK, BANGCHATRA ROAD, COOCH BEHAR COOCH BEHAR Howrah West Bengal