: (1) The Fund shall protect the deposits of up to two lakh rupees in the deposit account of every natural person opened in every protected member institution.
(2) Notwithstanding anything written in sub-section (1), the Government of Nepal, on the recommendation of the committee, shall publish a notice in the Nepal Gazette and make necessary changes in the limits of deposit protection.
(3) While evaluating the safe deposit amount, the principal and interest accrued on the deposit account will also be calculated.
(4) The safe deposit account may be in Nepali currency or any other foreign currency.
(5) If any depositor operates more than one deposit account in any one secured member institution or is part of a joint deposit account or is a third party beneficial deposit account, all the accounts shall be aggregated and recognized as one account.
(6) Even in cases where the membership of a protected member organization is not maintained due to financial liquidation or cancellation, the protected deposit shall be considered safe until the financial liquidation or cancellation process is over.
(7) In the case of a secured member institution that voluntarily declares liquidation, the secured deposit shall remain safe until the end of the liquidation process.