back to top
11.8 C
Qādiān
Thursday, December 26, 2024

Reshaping Perspectives and Catalyzing Diplomatic Evolution

RBI Issued Bank Locker Rules: Before keeping cash in bank locker, know this new rule of RBI

RBI issued Bank Locker Rules: Do you also keep your money, important documents or jewelry in the bank locker. If yes, then this news can be of your use. Often people keep their essential things and money in bank lockers for fear of theft or loss.

They think that their belongings will be safe in the locker. But, sometimes even the stuff kept in the locker goes missing or gets damaged. In such a situation, the banks refuse to take responsibility for it. If you are also thinking of taking a locker, then before that you should know the locker rule of RBI.

This is RBI rule

RBI has changed the rules of bank locker this year. According to the new rule, if a person keeps goods in the locker of the bank and it gets damaged, then it will be the responsibility of the bank. The bank will be bound to pay the customer 100 times the annual rent of the locker. On the other hand, if the customer’s locker is damaged by fire, robbery or in any way, then the bank will compensate it.

How can I get a locker in the bank?

If you want to get a locker in the bank, then first you have to go to the branch where you want to open your locker, then apply there. The locker is allotted to you on first come first serve basis. If your name appears in the waiting list of the bank after applying, then you are given a locker. For this, some annual rent is also taken from you.

(pc freepik)

Read the Latest India News Today on The Eastern Herald.

More

Follow The Eastern Herald on Google News. Show your support if you like our work.

Topics

Author

News Room
News Room
The Eastern Herald’s Editorial Board validates, writes, and publishes the stories under this byline. That includes editorials, news stories, letters to the editor, and multimedia features on easternherald.com.

Editor's Picks

Trending Stories