Will You Have To Pay To Keep Your Money Safe In Banks | Paisa Live

There could be major changes to the insurance rules for bank deposits. Presently, banks offer deposit insurance at no additional cost, covering up to ₹500,000 per depositor. This means that if your deposit is within this limit, it is insured and protected. However, upcoming revisions might impact this coverage. It's crucial to stay informed about these potential changes to understand how they could affect the security of your funds. For a detailed explanation of what these changes might entail and how they could impact your bank deposits, make sure to watch the complete video. This will provide you with all the necessary information to stay prepared.