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    • Question

      What is the insurance coverage limit provided by DICGC for

      deposits under ‘SIB Quick FD’?
      A ₹1 lakh Correct Answer Incorrect Answer
      B ₹2 lakh Correct Answer Incorrect Answer
      C ₹3 lakh Correct Answer Incorrect Answer
      D ₹4 lakh Correct Answer Incorrect Answer
      E ₹5 lakh Correct Answer Incorrect Answer

      Solution

      All deposits under South Indian Bank’s ‘SIB Quick FD’ are insured by DICGC (Deposit Insurance and Credit Guarantee Corporation) for up to ₹5 lakh, ensuring financial security for depositors.

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