The DCB Niyo Savings Account is as safe as any traditional bank account. DCB Bank is a scheduled commercial bank and your money gets safely deposited with DCB Bank. 

Bank deposits in India are covered under the insurance scheme offered by Deposit Insurance and Credit Guarantee Corporation of India (DICGC) subject to certain limits and conditions. 

At present, bank deposits upto INR 500,000/- in respect of each of the depositors is covered under the insurance provided by DICGC.