In India, bank deposits are insured by the DICGC up to five lakh rupees per depositor per bank, covering your savings, current, and fixed deposits at that bank combined. If the bank fails, that insured amount is protected, but anything above it is not automatically safe. For a founder holding a large cash buffer, the practical takeaway is do not park everything in one bank. Splitting your emergency fund and runway across two or three well run banks keeps more of it inside the insured limit and also means one frozen account never locks up all your money at once. Big established banks are generally lower risk, but the insurance limit is the same everywhere. Limits and rules can change, so check the current DICGC cover before you rely on a specific number, and treat diversification across banks as the real protection.
A curated summary to orient you, not advice. The resources below are the real value.
1 hand-picked resource, 1 India-specific, 1 link-checked. Pick how you want to dig in.
Why we picked it The free, India-first grounding in what to do with cash once you have it: goals, allocation, SIPs, and not losing it to fees.
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