Sat, Oct 07, 2023
The RBI has released new rules for bank lockers in India, and it's important to be aware of them. In this video, we'll cover the five key things you need to know, including what you can store in your locker, what the bank's liability is, and when the bank can open your locker on its own. So watch on to learn how to protect your valuables and your legal rights.
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Fri, Jun 30, 2023
New Bank Locker Rules: For the convenience of the customers, banks provide locker facilities to keep valuables safe instead of keeping them at home. But, the new locker rules of RBI are becoming a cause of trouble for the customers. Central Reserve Bank has asked banks to complete the first figure of 50 per cent contract renewals by June 30, 2023
Mon, Jun 19, 2023
Get an overview of the latest bank locker charges for leading banks in India including SBI, HDFC Bank, ICICI Bank, Canara Bank, Axis Bank, and Kotak Mahindra Bank.
Mon, Jul 11, 2022
According to the rules of RBI, banks will have to monitor the locker rooms through CCTV. Banks will have to keep the CCTV footage safe for 180 days. In the case of complaint, the footage will have to be kept till the investigation. Not only this, but banks will also have to notify by SMS or e-mail when the locker is opened. According to the rules, if there is any damage to the goods kept in the locker due to fire, theft, robbery, dacoity, then the banks will have to pay compensation. Compensation will have to be given up to 100 times the annual rent of the locker. On the other hand, if the locker is damaged due to flood, earthquake or any act of God, then no bank will be responsible for it. Watch this exclusive report from India 360.
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