{"id":7794,"date":"2025-02-11T08:49:27","date_gmt":"2025-02-11T08:49:27","guid":{"rendered":"https:\/\/www.incredmoney.com\/blog\/?p=7794"},"modified":"2025-02-21T05:53:08","modified_gmt":"2025-02-21T05:53:08","slug":"how-safe-are-fixed-deposits-understanding-dicgc-insurance","status":"publish","type":"post","link":"https:\/\/devblog.incredmoney.com\/blog\/how-safe-are-fixed-deposits-understanding-dicgc-insurance\/","title":{"rendered":"How Safe Are Fixed Deposits? Understanding DICGC Insurance"},"content":{"rendered":"<p data-pm-slice=\"1 1 []\"><a href=\"https:\/\/fd.incredmoney.com\/\">Fixed Deposits<\/a><span style=\"font-weight: 400;\"> (FDs) have long been considered one of the safest investment options for risk-averse investors.<\/span><span style=\"font-weight: 400;\"> They provide capital protection, assured returns, and liquidity. However, recent banking crises and financial frauds have raised concerns about the safety of FDs.<\/span> <span style=\"font-weight: 400;\">This blog explores the safety aspects of FDs, the role of the Deposit Insurance and Credit Guarantee Corporation (DICGC), and ways to ensure maximum security for your deposits.<\/span><\/p>\n<h2><b>1. The Safety of Fixed Deposits: A Risk Perspective<\/b><\/h2>\n<h3><b>Why Are FDs Considered Safe?<\/b><\/h3>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Capital Protection:<\/b><span style=\"font-weight: 400;\"> Unlike stocks and mutual funds,\u00a0 <a href=\"https:\/\/fd.incredmoney.com\/\">Fixed Deposits<\/a> offer assured returns without market volatility.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Regulation by the RBI:<\/b><span style=\"font-weight: 400;\"> Commercial banks, cooperative banks, and some NBFCs offering FDs are regulated by the Reserve Bank of India (RBI), ensuring compliance with financial norms.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Predictable Returns:<\/b><span style=\"font-weight: 400;\"> The interest rates on FDs are fixed at the time of investment, making them a reliable savings tool.<\/span><\/li>\n<\/ul>\n<h3><b>Risks Associated with Fixed Deposits<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">While FDs are relatively safe, they are not entirely risk-free. The major risks include:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Bank Failures:<\/b><span style=\"font-weight: 400;\"> If a bank faces financial distress, depositors may struggle to recover their money.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Inflation Risk:<\/b><span style=\"font-weight: 400;\"> FD returns may not always beat inflation, leading to a decline in purchasing power over time.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Liquidity Constraints:<\/b><span style=\"font-weight: 400;\"> Premature withdrawals attract penalties, making FDs less flexible compared to other investment options.<\/span><\/li>\n<\/ul>\n<h2><b>2. Understanding Deposit Insurance and Credit Guarantee Corporation (DICGC)<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">The concept of deposit insurance in India emerged in 1948 after banking crises in Bengal and gained traction after the crashes of Palai Central Bank Ltd. and Laxmi Bank Ltd. in 1960. This led to the introduction of the Deposit Insurance Corporation (DIC) Bill in 1961, which became law on January 1, 1962. Initially covering commercial banks, the scheme was later extended to eligible co-operative banks in 1968.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In 1960, the government, in consultation with the RBI, introduced a Credit Guarantee Scheme to support small-scale industries, administered by the RBI until March 31, 1981. To further strengthen credit access, the RBI established the Credit Guarantee Corporation of India Ltd. (CGCI) in 1971, focusing on priority sector lending.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">On July 15, 1978, DIC and CGCI merged to form the Deposit Insurance and Credit Guarantee Corporation (DICGC). This led to the renaming of the Deposit Insurance Act, 1961, as the Deposit Insurance and Credit Guarantee Corporation Act, 1961. The Corporation expanded its guarantee coverage over time, including small-scale industries in 1981 and the entire priority sector in 1989, though housing loans were excluded from coverage in 1995.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">DICGC, a wholly owned subsidiary of the RBI, provides deposit insurance to protect depositors against the risk of bank failure. Here\u2019s how it works:<\/span><\/p>\n<h3><b>Coverage Under DICGC<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">As per the latest regulations:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Maximum Insurance Coverage:<\/b><span style=\"font-weight: 400;\"> Deposits up to \u20b95 lakh per depositor per bank (including principal and interest) are insured.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Types of Deposits Covered:<\/b><span style=\"font-weight: 400;\"><span style=\"font-weight: 400;\"> Savings accounts, current accounts, recurring deposits, and <a href=\"https:\/\/fd.incredmoney.com\/\">Fixed Deposits<\/a><\/span><\/span><span style=\"font-weight: 400;\">.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Types of Banks Covered:<\/b><span style=\"font-weight: 400;\"> All commercial banks, regional rural banks, cooperative banks, and foreign bank branches operating in India.<\/span><\/li>\n<\/ul>\n<h3><b>How DICGC Payout Works<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">If a bank is liquidated or goes bankrupt:<\/span><\/p>\n<ol>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>DICGC steps in<\/b><span style=\"font-weight: 400;\"> and processes claims.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Depositors receive up to \u20b95 lakh<\/b><span style=\"font-weight: 400;\"> within 90 days.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>For amounts beyond \u20b95 lakh<\/b><span style=\"font-weight: 400;\">, depositors must wait for the bank\u2019s resolution process.<\/span><\/li>\n<\/ol>\n<h3><b>Instances Where DICGC Played a Role<\/b><\/h3>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>PMC Bank Crisis (2019):<\/b><span style=\"font-weight: 400;\"> Depositors faced withdrawal restrictions due to fraud. DICGC provided limited relief through insurance claims.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>YES Bank Moratorium (2020):<\/b><span style=\"font-weight: 400;\"> Though resolved through government intervention, it raised questions about banking stability.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Lakshmi Vilas Bank Merger (2020):<\/b><span style=\"font-weight: 400;\"> Depositors were protected when DBS Bank took over operations.<\/span><\/li>\n<\/ul>\n<h2><b>3. How to Maximize FD Safety<\/b><\/h2>\n<ol>\n<li><b>Diversify Deposits Across Banks: <\/b><span style=\"font-weight: 400;\">Since DICGC insurance is limited to \u20b95 lakh per depositor per bank, spreading deposits across multiple banks ensures better risk coverage.<\/span><\/li>\n<li><b>Choose Well-Rated Banks: <\/b>Prefer nationalized banks, large private sector banks, and well-rated NBFCs to reduce the risk of default. To explore <strong>safe FD options<\/strong>, visit <a href=\"https:\/\/fd.incredmoney.com\/\"><strong>Incred Money Fixed Deposits<\/strong><\/a>.<\/li>\n<li><b>Ladder Your FDs: <\/b><span style=\"font-weight: 400;\">Instead of investing in a single FD, create multiple FDs with different maturity periods. This improves liquidity and reduces reinvestment risks.<\/span><\/li>\n<\/ol>\n<h3><b>4. Monitor the Financial Health of Banks<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">Regularly check RBI reports and financial statements of banks for red flags such as:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Rising NPAs (Non-Performing Assets)<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Declining credit ratings<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Frequent regulatory interventions<\/span><\/li>\n<\/ul>\n<h2><b>Conclusion<\/b><\/h2>\n<p><span style=\"font-weight: 400;\"><a href=\"https:\/\/fd.incredmoney.com\/\">Fixed Deposits<\/a> remain a safe investment avenue, especially for conservative investors. However, understanding the risks and leveraging DICGC insurance can help safeguard your funds better. By diversifying deposits, choosing financially stable institutions, and staying informed, investors can optimize safety while enjoying stable returns.<\/span><\/p>\n<h2><b>Sources:<\/b><\/h2>\n<ol>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/www.rbi.org.in\/commonman\/English\/Scripts\/FAQs.aspx?Id=272\"><span style=\"font-weight: 400;\">RBI: Deposit Insurance &amp; Credit Guarantee Corporation<\/span><\/a><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/www.statista.com\/outlook\/fmo\/banking\/india#:~:text=In%20India%2C%20the%20Banking%20market,bn%20in%20the%20same%20year.\"><span style=\"font-weight: 400;\">Statista: Indian Banking Sector Overview<\/span><\/a><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/financialservices.gov.in\/beta\/en\/related-laws\"><span style=\"font-weight: 400;\">Ministry of Finance: Deposit Insurance Amendment Act<\/span><\/a><\/li>\n<\/ol>\n","protected":false},"excerpt":{"rendered":"<p>Fixed Deposits (FDs) have long been considered one of the safest investment options for risk-averse investors. They provide capital protection, assured returns, and liquidity. However, recent banking crises and financial frauds have raised concerns about the safety of FDs. This blog explores the safety aspects of FDs, the role of the Deposit Insurance and Credit [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":7800,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[8,31],"tags":[],"class_list":["post-7794","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-fixed-deposits-fds","category-investing"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>How Safe Are Fixed Deposits? Understanding DICGC Insurance - InCred Money<\/title>\n<meta name=\"description\" content=\"Understand the safety of Fixed Deposits, the role of DICGC insurance, and how to protect your savings. Learn about risks, coverage limits, and strategies to maximize FD security.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/devblog.incredmoney.com\/blog\/how-safe-are-fixed-deposits-understanding-dicgc-insurance\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"How Safe Are Fixed Deposits? Understanding DICGC Insurance - InCred Money\" \/>\n<meta property=\"og:description\" content=\"Understand the safety of Fixed Deposits, the role of DICGC insurance, and how to protect your savings. Learn about risks, coverage limits, and strategies to maximize FD security.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/devblog.incredmoney.com\/blog\/how-safe-are-fixed-deposits-understanding-dicgc-insurance\/\" \/>\n<meta property=\"og:site_name\" content=\"InCred Money\" \/>\n<meta property=\"article:published_time\" content=\"2025-02-11T08:49:27+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-02-21T05:53:08+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/s3.ap-south-1.amazonaws.com\/devblogs.incredmoney.com\/blog\/wp-content\/uploads\/2025\/02\/11084508\/image-11.png\" \/>\n\t<meta property=\"og:image:width\" content=\"2492\" \/>\n\t<meta property=\"og:image:height\" content=\"1652\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Chirag Yogi\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Chirag Yogi\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":[\"Article\",\"BlogPosting\"],\"@id\":\"https:\/\/devblog.incredmoney.com\/blog\/how-safe-are-fixed-deposits-understanding-dicgc-insurance\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/devblog.incredmoney.com\/blog\/how-safe-are-fixed-deposits-understanding-dicgc-insurance\/\"},\"author\":{\"name\":\"Chirag Yogi\",\"@id\":\"https:\/\/devblog.incredmoney.com\/blog\/#\/schema\/person\/38aa234e2be70f9819b5eaabe0fbaca9\"},\"headline\":\"How Safe Are Fixed Deposits? Understanding DICGC Insurance\",\"datePublished\":\"2025-02-11T08:49:27+00:00\",\"dateModified\":\"2025-02-21T05:53:08+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/devblog.incredmoney.com\/blog\/how-safe-are-fixed-deposits-understanding-dicgc-insurance\/\"},\"wordCount\":739,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/devblog.incredmoney.com\/blog\/how-safe-are-fixed-deposits-understanding-dicgc-insurance\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/s3.ap-south-1.amazonaws.com\/devblogs.incredmoney.com\/blog\/wp-content\/uploads\/2025\/02\/11084508\/image-11.png\",\"articleSection\":[\"Fixed Deposits (FDs)\",\"Investing\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/devblog.incredmoney.com\/blog\/how-safe-are-fixed-deposits-understanding-dicgc-insurance\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/devblog.incredmoney.com\/blog\/how-safe-are-fixed-deposits-understanding-dicgc-insurance\/\",\"url\":\"https:\/\/devblog.incredmoney.com\/blog\/how-safe-are-fixed-deposits-understanding-dicgc-insurance\/\",\"name\":\"How Safe Are Fixed Deposits? Understanding DICGC Insurance - InCred Money\",\"isPartOf\":{\"@id\":\"https:\/\/devblog.incredmoney.com\/blog\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/devblog.incredmoney.com\/blog\/how-safe-are-fixed-deposits-understanding-dicgc-insurance\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/devblog.incredmoney.com\/blog\/how-safe-are-fixed-deposits-understanding-dicgc-insurance\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/s3.ap-south-1.amazonaws.com\/devblogs.incredmoney.com\/blog\/wp-content\/uploads\/2025\/02\/11084508\/image-11.png\",\"datePublished\":\"2025-02-11T08:49:27+00:00\",\"dateModified\":\"2025-02-21T05:53:08+00:00\",\"author\":{\"@id\":\"https:\/\/devblog.incredmoney.com\/blog\/#\/schema\/person\/38aa234e2be70f9819b5eaabe0fbaca9\"},\"description\":\"Understand the safety of Fixed Deposits, the role of DICGC insurance, and how to protect your savings. Learn about risks, coverage limits, and strategies to maximize FD security.\",\"breadcrumb\":{\"@id\":\"https:\/\/devblog.incredmoney.com\/blog\/how-safe-are-fixed-deposits-understanding-dicgc-insurance\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/devblog.incredmoney.com\/blog\/how-safe-are-fixed-deposits-understanding-dicgc-insurance\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/devblog.incredmoney.com\/blog\/how-safe-are-fixed-deposits-understanding-dicgc-insurance\/#primaryimage\",\"url\":\"https:\/\/s3.ap-south-1.amazonaws.com\/devblogs.incredmoney.com\/blog\/wp-content\/uploads\/2025\/02\/11084508\/image-11.png\",\"contentUrl\":\"https:\/\/s3.ap-south-1.amazonaws.com\/devblogs.incredmoney.com\/blog\/wp-content\/uploads\/2025\/02\/11084508\/image-11.png\",\"width\":2492,\"height\":1652},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/devblog.incredmoney.com\/blog\/how-safe-are-fixed-deposits-understanding-dicgc-insurance\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/devblog.incredmoney.com\/blog\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"How Safe Are Fixed Deposits? Understanding DICGC Insurance\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/devblog.incredmoney.com\/blog\/#website\",\"url\":\"https:\/\/devblog.incredmoney.com\/blog\/\",\"name\":\"InCred Money\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/devblog.incredmoney.com\/blog\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/devblog.incredmoney.com\/blog\/#\/schema\/person\/38aa234e2be70f9819b5eaabe0fbaca9\",\"name\":\"Chirag Yogi\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/secure.gravatar.com\/avatar\/c2989c6c89a1e2e72b2a879230ab55295debe299354a678d4bc30716e245984b?s=96&d=mm&r=g\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/c2989c6c89a1e2e72b2a879230ab55295debe299354a678d4bc30716e245984b?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/c2989c6c89a1e2e72b2a879230ab55295debe299354a678d4bc30716e245984b?s=96&d=mm&r=g\",\"caption\":\"Chirag Yogi\"},\"url\":\"https:\/\/devblog.incredmoney.com\/blog\/author\/chirag-yogi\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"How Safe Are Fixed Deposits? Understanding DICGC Insurance - InCred Money","description":"Understand the safety of Fixed Deposits, the role of DICGC insurance, and how to protect your savings. Learn about risks, coverage limits, and strategies to maximize FD security.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/devblog.incredmoney.com\/blog\/how-safe-are-fixed-deposits-understanding-dicgc-insurance\/","og_locale":"en_US","og_type":"article","og_title":"How Safe Are Fixed Deposits? Understanding DICGC Insurance - InCred Money","og_description":"Understand the safety of Fixed Deposits, the role of DICGC insurance, and how to protect your savings. Learn about risks, coverage limits, and strategies to maximize FD security.","og_url":"https:\/\/devblog.incredmoney.com\/blog\/how-safe-are-fixed-deposits-understanding-dicgc-insurance\/","og_site_name":"InCred Money","article_published_time":"2025-02-11T08:49:27+00:00","article_modified_time":"2025-02-21T05:53:08+00:00","og_image":[{"width":2492,"height":1652,"url":"https:\/\/s3.ap-south-1.amazonaws.com\/devblogs.incredmoney.com\/blog\/wp-content\/uploads\/2025\/02\/11084508\/image-11.png","type":"image\/png"}],"author":"Chirag Yogi","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Chirag Yogi","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":["Article","BlogPosting"],"@id":"https:\/\/devblog.incredmoney.com\/blog\/how-safe-are-fixed-deposits-understanding-dicgc-insurance\/#article","isPartOf":{"@id":"https:\/\/devblog.incredmoney.com\/blog\/how-safe-are-fixed-deposits-understanding-dicgc-insurance\/"},"author":{"name":"Chirag Yogi","@id":"https:\/\/devblog.incredmoney.com\/blog\/#\/schema\/person\/38aa234e2be70f9819b5eaabe0fbaca9"},"headline":"How Safe Are Fixed Deposits? Understanding DICGC Insurance","datePublished":"2025-02-11T08:49:27+00:00","dateModified":"2025-02-21T05:53:08+00:00","mainEntityOfPage":{"@id":"https:\/\/devblog.incredmoney.com\/blog\/how-safe-are-fixed-deposits-understanding-dicgc-insurance\/"},"wordCount":739,"commentCount":0,"image":{"@id":"https:\/\/devblog.incredmoney.com\/blog\/how-safe-are-fixed-deposits-understanding-dicgc-insurance\/#primaryimage"},"thumbnailUrl":"https:\/\/s3.ap-south-1.amazonaws.com\/devblogs.incredmoney.com\/blog\/wp-content\/uploads\/2025\/02\/11084508\/image-11.png","articleSection":["Fixed Deposits (FDs)","Investing"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/devblog.incredmoney.com\/blog\/how-safe-are-fixed-deposits-understanding-dicgc-insurance\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/devblog.incredmoney.com\/blog\/how-safe-are-fixed-deposits-understanding-dicgc-insurance\/","url":"https:\/\/devblog.incredmoney.com\/blog\/how-safe-are-fixed-deposits-understanding-dicgc-insurance\/","name":"How Safe Are Fixed Deposits? Understanding DICGC Insurance - InCred Money","isPartOf":{"@id":"https:\/\/devblog.incredmoney.com\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/devblog.incredmoney.com\/blog\/how-safe-are-fixed-deposits-understanding-dicgc-insurance\/#primaryimage"},"image":{"@id":"https:\/\/devblog.incredmoney.com\/blog\/how-safe-are-fixed-deposits-understanding-dicgc-insurance\/#primaryimage"},"thumbnailUrl":"https:\/\/s3.ap-south-1.amazonaws.com\/devblogs.incredmoney.com\/blog\/wp-content\/uploads\/2025\/02\/11084508\/image-11.png","datePublished":"2025-02-11T08:49:27+00:00","dateModified":"2025-02-21T05:53:08+00:00","author":{"@id":"https:\/\/devblog.incredmoney.com\/blog\/#\/schema\/person\/38aa234e2be70f9819b5eaabe0fbaca9"},"description":"Understand the safety of Fixed Deposits, the role of DICGC insurance, and how to protect your savings. Learn about risks, coverage limits, and strategies to maximize FD security.","breadcrumb":{"@id":"https:\/\/devblog.incredmoney.com\/blog\/how-safe-are-fixed-deposits-understanding-dicgc-insurance\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/devblog.incredmoney.com\/blog\/how-safe-are-fixed-deposits-understanding-dicgc-insurance\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/devblog.incredmoney.com\/blog\/how-safe-are-fixed-deposits-understanding-dicgc-insurance\/#primaryimage","url":"https:\/\/s3.ap-south-1.amazonaws.com\/devblogs.incredmoney.com\/blog\/wp-content\/uploads\/2025\/02\/11084508\/image-11.png","contentUrl":"https:\/\/s3.ap-south-1.amazonaws.com\/devblogs.incredmoney.com\/blog\/wp-content\/uploads\/2025\/02\/11084508\/image-11.png","width":2492,"height":1652},{"@type":"BreadcrumbList","@id":"https:\/\/devblog.incredmoney.com\/blog\/how-safe-are-fixed-deposits-understanding-dicgc-insurance\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/devblog.incredmoney.com\/blog\/"},{"@type":"ListItem","position":2,"name":"How Safe Are Fixed Deposits? Understanding DICGC Insurance"}]},{"@type":"WebSite","@id":"https:\/\/devblog.incredmoney.com\/blog\/#website","url":"https:\/\/devblog.incredmoney.com\/blog\/","name":"InCred Money","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/devblog.incredmoney.com\/blog\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/devblog.incredmoney.com\/blog\/#\/schema\/person\/38aa234e2be70f9819b5eaabe0fbaca9","name":"Chirag Yogi","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/c2989c6c89a1e2e72b2a879230ab55295debe299354a678d4bc30716e245984b?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/c2989c6c89a1e2e72b2a879230ab55295debe299354a678d4bc30716e245984b?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/c2989c6c89a1e2e72b2a879230ab55295debe299354a678d4bc30716e245984b?s=96&d=mm&r=g","caption":"Chirag Yogi"},"url":"https:\/\/devblog.incredmoney.com\/blog\/author\/chirag-yogi\/"}]}},"_links":{"self":[{"href":"https:\/\/devblog.incredmoney.com\/blog\/wp-json\/wp\/v2\/posts\/7794","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/devblog.incredmoney.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/devblog.incredmoney.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/devblog.incredmoney.com\/blog\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/devblog.incredmoney.com\/blog\/wp-json\/wp\/v2\/comments?post=7794"}],"version-history":[{"count":4,"href":"https:\/\/devblog.incredmoney.com\/blog\/wp-json\/wp\/v2\/posts\/7794\/revisions"}],"predecessor-version":[{"id":7803,"href":"https:\/\/devblog.incredmoney.com\/blog\/wp-json\/wp\/v2\/posts\/7794\/revisions\/7803"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/devblog.incredmoney.com\/blog\/wp-json\/wp\/v2\/media\/7800"}],"wp:attachment":[{"href":"https:\/\/devblog.incredmoney.com\/blog\/wp-json\/wp\/v2\/media?parent=7794"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/devblog.incredmoney.com\/blog\/wp-json\/wp\/v2\/categories?post=7794"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/devblog.incredmoney.com\/blog\/wp-json\/wp\/v2\/tags?post=7794"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}