The Deposit and Savings Insurance Fund of Tajikistan (the Fund) is established to protect depositors and to enhance public trust in the banking system of the Republic of Tajikistan. Below is the essential information you need to know about deposit protection, including the coverage limit, how to make a claim, and steps to stay safe.
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
- Excess balances become ordinary creditor claims in liquidation.
- Deposits at different institutions are insured separately.
How to Claim Insurance Compensation
- Announcement: The Fund publishes instructions on payment locations and dates.
- Agent banks: Payments are made through appointed agent banks.
- Timeline: Payouts begin within 14 calendar days after the insured event.
- Documents required: ID, TIN, application form, and deposit agreement.
- Representatives: Authorized persons can claim with a notarized power of attorney.
- 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.
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.