Which FDs are insured by DICGC?
All bank deposits are insured by DICGC, a subsidiary of the RBI, for up to ₹5 lakh. This includes FDs booked on Stable Money with Ujjivan, Utkarsh, Suryoday, Shivalik, IndusInd, Unity, and South Indian Banks.
Note: Deposits with NBFCs are not covered by this insurance.