Periodic Settlements on Claims Settlement
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Every fifteen days beginning with 15 days after the release of payments by DICGC, a status report on payments and balance available out of the funds released to the bank should be submitted to DICGC. This fortnightly statement should be duly verified by the liquidator before submission. The scanned copy of the statement as per the format given in ( Click to download ) should be sent by email to dicgc@rbi.org.in

Quarterly statement no. 3 should be submitted to DICGC within 15 days from the end of each quarter. The quarterly statement should be duly verified by the liquidator before submission. The scanned copy of the statement as per the format given in ( Click to download ) should be sent by email to dicgc@rbi.org.in

After DICGC sanctions and approves claims payment, a status report on payments made out of the funds released to the liquidated bank or through liquid fund adjustment should be submitted to DICGC. This statement should be submitted quarterly or as and when payment is made to claimant and should be duly verified by the liquidator before submission. The scanned copy of the statement as per the format given ( Click to download ).