What is Deposit Insurance & What it Covers

Deposit insurance protects eligible depositors if a member credit institution fails. The Fund pays compensation up to the statutory limit and ensures orderly pay‑outs.

• Individuals.
• Sole proprietors.
• Small business legal entities.
• Non-profit organizations.

• Savings, term deposits, and current accounts held by depositors.
• Multiple accounts at the same institution are aggregated for coverage purposes.
• Joint accounts are considered as one account for payout allocation.
• Foreign currency deposits are reimbursed in somoni at the official rate on the date the insurance case occurs.

• Deposits of affiliated persons (major shareholders, managers, etc.).
• Funds frozen by court or derived from criminal activity.
• Deposits in foreign branches of the institution.
• Deposits less than 10 somoni.

Coverage Limit

The standard compensation limit is 35,000 somoni per depositor per credit institution.

• Excess balances become ordinary creditor claims in liquidation.
• Deposits at different institutions are insured separately.

How to Claim Insurance Compensation

1. Announcement: The Fund publishes instructions on payment locations and dates.
2. Agent banks: Payments are made through appointed agent banks.
3. Timeline: Payouts begin within 14 calendar days after the insured event.
4. Documents required: ID, TIN, application form, and deposit agreement.
5. Representatives: Authorized persons can claim with a notarized power of attorney.
6. Deadline: Up to one year from the insured event (extensions possible).

Coverage Calculator

Estimate how much of your deposits are protected under the 35,000 TJS limit.

Member Institutions & Institutions in Liquidation

The Fund maintains a current register of member credit institutions and those in liquidation.

• Member institutions
• Institutions in liquidation

Tips for Depositors

• Always check that your institution is a Fund member before depositing.
• Ensure personal details are correct in your bank’s records.
• Keep copies of deposit agreements and account statements.
• Inform your institution of any name or address changes.
• Beware of fraud — the Fund never requests passwords or codes.