Karnataka Govt.

Karnataka Protection of Interest of Depositors in Financial Establishments Rules, 2026

By TEAM CIRCULAR EXPRESS • 27 Aug 2026
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• The Government of Karnataka has notified the Karnataka Protection of Interest of Depositors in Financial Establishments Rules, 2026.
• These rules establish procedures for the appointment of a Nodal Officer and Competent Authority to investigate fraudulent financial schemes.
• The rules detail processes for property attachment, search and seizure, claim submission by depositors, and disbursal of funds from the absolute account.
purpose of issuance
To establish rules for the protection of interest of depositors in financial establishments, including investigation, property attachment, and claim settlement procedures.
is it guidelines or office order
Rules (Statutory Notification)
issuing_state
Government of Karnataka
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