Windows Errors? Fix Them Before They Spread
Repair common Windows errors and clear accumulated junk for a smoother, more stable PC - no reinstall needed.Free scan · no reinstallOutdated Drivers Are Slowing You Down
One free scan finds every outdated or missing driver and matches the right update for your exact hardware.Free scan · exact hardware matchA foreign-currency denomination alone does not determine whether a deposit is covered by DICGC insurance. DICGC excludes deposits received outside India and specifically lists FCNR account balances among exempted deposits. Check that your bank is insured, then ask the bank to confirm how your particular account is classified and where the deposit was received or booked.
Is my foreign-currency deposit covered by DICGC?
It depends on the account and how the deposit is classified—not just the currency it uses. DICGC’s FAQ excludes “any amount due on account of any deposit received outside India.” Its explanatory notes also specifically list balances held in FCNR accounts among exempted deposits. These statements do not establish that every foreign-currency deposit is excluded, or that every such deposit is covered.
As an Amazon Associate I earn from qualifying purchases.
DICGC says it insures common deposit types such as savings, fixed, current and recurring deposits, subject to its exclusions. The key questions for a foreign-currency account are therefore whether it is an FCNR account, whether the deposit was received outside India, and whether DICGC treats the balance as eligible or exempt.
The Tool Desk
Outbyte PC Repair FREERepair Windows errors before they cause bigger problemsFix Now →Outbyte Driver Updater FREEFix the driver behind crashes, sound loss and screen glitchesFind Drivers →How to check your bank and account
- Check whether the bank is insured. Look up the institution in DICGC’s insured-bank list. If the listing or status is unclear, contact a branch; DICGC’s FAQ advises depositors to make a specific enquiry with the branch when in doubt.
- Ask the bank to identify the account type. Confirm whether the account is an FCNR account or another kind of foreign-currency account.
- Ask where the deposit was received or booked. Specifically ask whether the bank treats it as a deposit received outside India for DICGC purposes.
- Request the DICGC classification in writing. Ask the bank to confirm whether the balance is eligible for DICGC insurance or falls within an excluded category, and to identify the account classification it used.
- Resolve unclear answers before relying on coverage. DICGC’s published materials do not explain how every cross-border booking or account arrangement is classified. If the bank’s response is unclear, consult the current DICGC rules or regulator guidance.
How to interpret the answer
- FCNR balance: DICGC’s explanatory notes specifically name FCNR balances among exempted deposits.
- Deposit received outside India: DICGC’s FAQ lists these deposits as excluded.
- Other foreign-currency account: Do not infer coverage or exclusion from the currency denomination alone. Ask the bank for its classification and the basis for it.
- Bank not on the insured-bank list: The DICGC limit described below applies only to eligible deposits at insured banks.
What is the DICGC insurance limit?
For eligible deposits, DICGC covers up to ₹5 lakh per depositor per bank, including both principal and interest. Deposits held across branches of the same bank are aggregated when they are held in the same right and capacity. This limit does not make an otherwise excluded deposit eligible.
#1 Best Overall
- Industry-leading counterfeit detection: Cassida patented "M" Algorithm, the Quattro offers outstanding counterfeit detection combined with the lowest "false reject" Rate of any manufacturer
- Four way scan: Insert a bill in any of the 4 possible orientations and the Quattro will verify its authenticity. Other detectors can only verify cash in one orientation
- See total breakdown of value & denomination with sophisticated report screen
- Compact, durable and portable: the Quattro is designed for use anywhere counterfeit detection may be needed and its rechargeable battery means access to power is not required
- Easy-to-read digital display clearly reports pass or fail for checked bills along with their denomination
If you hold multiple accounts, assess each account’s type and classification first. Then total the eligible principal and interest across the bank’s branches in the same right and capacity and compare that amount with the ₹5 lakh limit.
Official DICGC guidance
DICGC’s FAQ describes deposits received outside India as excluded. Its 2024–25 information leaflet also lists deposits received outside India and specifically exempted amounts among deposits not insured. DICGC’s Public Awareness listing dates that leaflet 10 October 2025.
Quick Recap
Best Value
- INSTANT VERIFICATION: The Money Marker counterfit marker is specially formulated to deliver accurate and easy results. Expose one fake bill and these counterfeit pens pay for themselves.
- EASY TO UNDERSTAND to effectively detect counterfeit bills with these counterfeit pens. A black line means the bill is counterfeit while a gold mark means the cash is genuine when using a counterfit bill pen.
- SAVE MONEY by checking and rejecting bad currency with a counterfeit marker. Comes in a BOX OF 2 pack of money pen detector, assuring you and your store will be protected from fraudulent counterfeiters for an extended period of time with these counterfeit detector pen.
- INNOVATIVE CHISEL TIP lengthens the life of each money pen and helps a business earn more by preventing each money marker counterfeit bill detector from drying out. These money pens counterfeit insures you from fake money pen. Superior quality means superior performance and protection with our counterfit pen money detector pen.
- We strive to make the best and most convenient counterfeit money pen you've ever used to catch counterfeit money. That’s why our fake bill marker pen comes with HVM’s original manufacturer warranty
Rank #4
- 【Double Anti-counterfeiting Identification】The Aneken counterfeit money detector with UV LED light made of the most advanced LED technology, it provides ultra-bright UV LED light to quickly identify the ultraviolet anti-counterfeiting features in the banknotes; the unique four-leaf clover watermark backlight can reveal the "hidden" watermark pattern inside the banknotes within one second, so as to achieve double anti-counterfeiting identification.
- 【Long Lifetime】The banknote detecting table is equipped with sensors, only need to place the banknotes on the detecting table to start detecting, when the detecting table does not put banknotes the UV counterfeit cash detector is in a dormant state, more intelligent and energy-saving, can extend the life of the equipment more than 3 times.
- 【Highly Resistant to Light Interference】This bill checker machine has a US dollar anti-counterfeiting indicator line, so that the location and colour of the US dollar gold line for each of the five currencies can be seen at a glance, and the ultra-bright ultraviolet light can identify banknotes under fluorescent light or sunlight.
- 【Powerful Function】The UV counterfeit money detector can verify up to five currency values ($5 $10 $20 $50 $100) of U.S. dollars. Not only can it verify the security features of all national banknotes, such as US Dollar, Euro, Canadian Dollar, Renminbi, Pound Sterling, Indian Rupee, etc., but also detect passports, ID cards, credit cards and other secure documents.
- 【Compact and Portable】Our banknote detector light is more portable than other plug-in banknote detector lights. Perfect for countertop use, you can use the UV counterfeit bill detectors anywhere
Rank #3
- Quick and conclusive: confirm a bill's authenticity in less than a second with a clear "Pass" or "Fail" indication
- Advanced counterfeit money detector: scans money and cross-references a comprehensive database of infrared, magnetic and ultraviolet markings to confirm authenticity
- The most affordable counterfeit money detector solution offered by America's #1 brand in cash handling- Cassida!
- Compact and lightweight, the InstaCheck will fit anywhere the authenticity of cash may need to be verified.
- Backed by a one-year warranty and a helpful, US-based support team.
Rank #2
- EASY TO USE: With a simple PASS or FAIL, the KCD-1000 money detector makes it easier to use than counterfeit pen, money checker pen, or UV light scanners saving your business time and money.
- ALL-WAY ORIENTATION: The counterfeit money detector machine allows bills to be inserted in any orientation when checking for fraudulent bills.
- HIGH-LEVEL DETECTION: The money checker uses UV, MG, IR, Size, and Double Note sensors to detect counterfeit bills. Field-tested to 99% accuracy (results vary by currency and condition).
- INFRARED LIGHT: Most money detector pens and UV lights can only protect against a small number of fake bills. The KCD-1000 uses IR technology ensuring top-notch protection.
- EFFICIENT: Checking a currency bill with the money detector takes less than 2 seconds and will safeguard your business. Reads only US Currency. Comes with 1-year warranty.
Product prices and availability are accurate as of the date/time indicated and are subject to change. Any price and availability information displayed on Amazon at the time of purchase will apply.
