All types of depositors, whether businesses or individuals, are protected. The maximum limit of coverage is RM250,000 per depositor per member institution. This includes both the principal amount of a deposit and the interest/return. The RM250,000 limit provides for 99% of existing depositors to be protected in full. The Malaysian deposit insurance system provides separate coverage for conventional and Islamic deposits.

 Deposits eligible for protection

• Current and savings deposit accounts
• Fixed deposits
• Joint accounts, trust accounts
• Foreign currency deposits

 Deposits NOT eligible for protection

• Deposits not payable in Malaysia
• Inter-bank money market placements
• Negotiable instruments of deposit (NIDs) and other bearer deposits
• Repurchase agreements
• Unit trusts

There is also separate deposit insurance protection up to the RM250,000 limit for a depositor who holds a deposit under each of the following categories:

1. Islamic accounts - These accounts are separately protected up to the RM250,000 limit.
2. Joint accounts - Joint accounts enjoy separate deposit insurance protection provided the records of the member bank disclose the names of the joint account holders.
3. Trust accounts - For trust accounts, beneficiaries can enjoy separate protection if the trustee discloses the interest of each beneficiary and the amounts owed to each beneficiary on the records of the member bank. Each beneficiary is protected up to RM250,000 separately from insured deposits held in their names.
4. Accounts of sole proprietorships, partnerships or persons carrying on professional practices (e.g. architects, dentists) - These accounts are also separately protected up to the RM250,000 limit.