WHAT IS THE MAXIMUM DEPOSIT INSURANCE IN A BANK?

WHAT IS THE MAXIMUM AMOUNT FOR WHICH INSURANCE IS GIVEN FOR AMOUNT IS DEPOSITED IN A BANK
Answer:

I am not clear whether this applies to all Bank's including the Private Sector - you need to check this out. As a general policy it is 1 Lac per Deposit Account per person.

shridhar r at Yahoo! Answers Visit the source

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Other answers

1 lac is the maximum

Venkatesh V S

It varies from bank to bank I think but what my knowledge tells me that 1 lac is generally the maximum deposit. Regards, Jhonny Becker http://www.justclaims.co.uk/

Jhonny

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