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.
Rules:
- 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.
- Please contact the branch for further details
Get Insurance on the following :
- Deposits of Foreign Governments;
- Deposits of Central/State Governments;
- Deposits of the State Land Development Banks with the State Co-operative Bank;
- Any amount due on account of and deposit received outside India and more
Get In Touch
Our Expert will call you back on the number provided by you within 24-48 hours to assist you further. Thank you for your interest in Cosmos Bank
- Insurance of deposits and guaranteeing of credit facilities and for other connected matters
- Rules - Each depositor in the bank is insured up to a maximum of 5,00,000 (Rupees Five Lakh) for both principal and interest amount held by him Deposit insurance premium is borne entirely by the bank.
- Insurance Facilities - Get Insurance on the following:
- Deposits of foreign Governments
- Deposits of Central/State Governments
- Inter-bank deposits
- Deposits of the State Land Development Banks with the State co-operative bank
- Any amount due on account of and deposit received outside India and more
*Terms and Conditions Apply