Bank lockers are secure storage options for valuables like jewellery and documents. However, there are a few things to keep in mind while operating a locker.
A woman in UP's Moradabad received the shock of her life when she opened her bank locker to witness cash worth Rs 18 lakh turned to dust. The woman had saved the money and some jewellery for her daughter's wedding for one and a half years in the locker.
Many money-related developments are expected from January 2022. From ATM fees becoming costlier to new guidelines on bank lockers. Here are some key regulatory and operational changes that are likely to come into effect from 2022.
Bank Locker New Guidelines: The revised instructions will be applicable to both new and existing safe deposit lockers and the safe custody of articles facility with the banks.
The State Bank of India (SBI), India's largest lender, has announced a hike in rental charges for its safe deposit lockers across India. The new rental charges will be effective from March 31, 2020.
As per the RBI guidelines, banks have no liability for loss of valuables in lockers. Which clearly states that during any mishap like: bank robbery, sudden fire or any natural calamity banks are not liable to pay their customers any compensation.
the Finance Ministry on Friday said there was no move to seal bank lockers nor was it true that the ink of the new Rs 2,000 notes has been bleeding in some cases.
Chandigarh, Sep 13: Mohali police and Income Tax department officials today jointly opened three bank lockers belonging to Fiza aka Anuradha Bali, former wife of Haryana's former deputy CM Chander Mohan, and found Rs 1.05
Pune, March 1: A CBI team from Delhi today searched some bank lockers of former chairman of Commonwealth Games Organising Committee Suresh Kalmadi, here today, sources close to the Congress MP said. An officer at
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