Is Equitas Bank safe?

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flawlessking

6% on 1 lac+ and 7% on 5L+ sounds too good to be true….Does it provide 5 Lac deposit guarantee?? Any user review would be appreciated. TIA

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Deal Lieutenant Deal Lieutenant
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1 swal, 5 lac tak insurance ha theek(vaise yeh limit jada honi chahiye). par agar kisi bhi bank me koi panga hota ha to yeh milega kab tak? pmc valo ko abhi tak nahi mila.

Deal Cadet Deal Cadet
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kukdookoo wrote:

1 swal, 5 lac tak insurance ha theek(vaise yeh limit jada honi chahiye). par agar kisi bhi bank me koi panga hota ha to yeh milega kab tak? pmc valo ko abhi tak nahi mila.

pmc was hit when it was not covered by DICGC. Had it been covered before then this mess would not have been happened.

Deal Lieutenant Deal Lieutenant
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narayana1dd249 wrote:

pmc was hit when it was not covered by DICGC. Had it been covered before then this mess would not have been happened.

but they were bought under the same afterwards afaik.
what is the maximum time within which digc is supposed to pay the deposit holders?

Crowdpuller Crowdpuller
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kukdookoo wrote:

but they were bought under the same afterwards afaik.
what is the maximum time within which digc is supposed to pay the deposit holders?

now 90 days

Deal Subedar Deal Subedar
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kukdookoo wrote:

but they were bought under the same afterwards afaik.
what is the maximum time within which digc is supposed to pay the deposit holders?

Don’t know about current timeline, but we received our money stuck with CKP Bank after 7 years (Bank was caught in trouble in 2014, received money back in 2021)

Deal Lieutenant Deal Lieutenant
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shh_my_dog_is_sleeping wrote:

Don’t know about current timeline, but we received our money stuck with CKP Bank after 7 years (Bank was caught in trouble in 2014, received money back in 2021)

bahut bura lga sunkar.kitni amount thi aapki? chor ha yaar sab interest bhi nahi dete us amount pe.

Deal Cadet Deal Cadet
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kukdookoo wrote:

but they were bought under the same afterwards afaik.
what is the maximum time within which digc is supposed to pay the deposit holders?

.

replyuser
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