Bank Locker Rules: RBI has made some guidelines for the locker. These guidelines have been made protecting in thoughts the protection of the products of the shoppers and their comfort. Let’s know what are the principles of RBI for financial institution locker…

Know this rule of RBI earlier than protecting cash in financial institution locker, in any other case there will probably be bother
Do you additionally maintain your cash, essential paperwork or jewelery within the financial institution locker. If sure, then this information could be of your use. Often folks maintain their important issues and cash in financial institution lockers for worry of theft or loss. They really feel that their belongings will probably be protected within the locker. But, typically even the stuff saved within the locker goes lacking or will get broken. In such a state of affairs, banks refuse to take accountability for it. If you’re additionally pondering of taking a locker, then earlier than that it’s best to know the locker rule of RBI.
RBI has made some guidelines for lockers. These guidelines have been made protecting in thoughts the protection of the products of the shoppers and their comfort. Let us know what are the principles of RBI for financial institution locker…
Read this additionally: Money was not taken from you for the approval of the mortgage? Know what’s the matter
This is the rule of RBI
RBI has modified the principles of financial institution locker this yr. According to the brand new rule, if an individual retains items within the locker of the financial institution and it will get broken, then will probably be the accountability of the financial institution. The financial institution will probably be sure to pay 100 occasions the annual hire of the locker to the shopper. On the opposite hand, if the shopper’s locker is broken as a consequence of hearth, theft or in any method, the financial institution will compensate it.
How can I get a locker within the financial institution?
If you wish to take a locker within the financial institution, then you’ll have to first go to the department the place you wish to open your locker, then you’ll have to apply there. Locker is allotted to you on first come first serve foundation. If your title comes within the ready listing of the financial institution after giving the appliance, then you’re given a locker. For this you’re additionally charged some hire yearly.
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