β | Claims Process and Liquidation Rules
Q8
Consider the following statements:
Q9
There is ...... prescribed in the Scheme for a customer/depositor for claiming a refund from the DEA Fund.
Q10
In the event that a bank is under liquidation, who should a depositor approach to claim their unclaimed deposit amount that was previously transferred to the DEA Fund?
Q11
For a bank under liquidation, if a customer's deposit was covered by DICGC at the time of transfer to the DEA Fund, how does the Liquidator handle the claim (up to the insured amount)?
Q12
For a bank under liquidation, if a DICGC-insured deposit claim (e.g., 6 lakh) is more than the DICGC insurance cover (e.g., 5 lakh), how is the amount in excess of the cover (e.g., 1 lakh) handled?