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.... "^1[Provided that the companies may accept the deposits without deposit insurance contract till the 31st March, 2015.]" 3. Substituted vide Notification No. G.S.R. 639(E) dated 29-06-2016 before it was read as, "^2[Provided that the companies may accept deposits without deposit insurance contract till the 31^st  March, 2016 or till the availability of a deposit....

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....he date of renewal, as the case may be. Explanation- For the purposes of this sub-rule, the amount as specified in the deposit insurance contract shall be deemed to be the amount in respect of both principal amount and interest due thereon. ^4[Provided that the companies may accept deposits without deposit insurance contract till the 31st March, 2018 or till the availability of d....

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....s for each depositor. (3) The amount of insurance premium paid on the insurance of such deposits shall be borne by the company itself and shall not be recovered from the depositors by deducting the same from the principal amount or interest payable thereon. (4) If any default is made by the company in complying with the terms and conditions of the deposit insurance contract which....