Will I still get DICGC insurance for Fincare Small Finance Bank after the merger with AU?

Fixed Deposits (FDs)
1

Will I still get DICGC insurance for Fincare Small Finance Bank after the merger with AU?

2

Yes, but account holders with accounts in both Fincare Small Finance Bank and AU Small Finance Bank will be treated as account holders of one banking entity after the merger. The Deposit Insurance and Credit Guarantee Corporation (DICGC) provides insurance coverage of up to ₹5 lakh per depositor.