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WorldAsiaNew Bank Locker Agreement: RBI issues new guidelines for locker holders in public sector banks, reach your branch immediately.

New Bank Locker Agreement: RBI issues new guidelines for locker holders in public sector banks, reach your branch immediately.

– Published on:

SBI New Bank Locker Agreement: There is great news for SBI customers. Giving great relief to its customers, the bank is going to take a big decision regarding the locker.

Yes, State Bank of India has taken steps to change its locker rules. According to the information, the new rules of bank locker will become effective after 30 June 2023. If you have a locker in SBI, then you should contact your branch without delay.

SBI tweeted

Yes, want to sign this new agreement. In a tweet, State Bank of India has appealed to the customers who have taken lockers to sign the new agreement, in which the bank has said, ‘Dear customer, please visit your branch to settle the revised locker agreement. Even if you have already signed the Update Agreement, you need to sign the Supplemental Agreement.

Knowing the new rule of locker, you will be happy to know that according to the new bank locker agreement, if there is any loss in the locker, then the bank will compensate its customers. For this, a new agreement will have to be signed. RBI has already said in this regard that the customers who will sign this new agreement immediately, they will start getting many benefits from the same time.

Please tell that till now there was no such provision. After signing the new agreement, the bank will indemnify the locker for theft, burglary, robbery, negligence of the bank or any other incident on the part of its employees. This compensation will be up to 100 times the annual rent of the locker.

Locker borrowers should contact their bank immediately

According to the circular issued by RBI on January 23, 2023, customers have also been appealed to sign new agreements with their banks. Do note that the new locker agreement has been prepared on the instructions of RBI. In such a situation, apart from SBI, those who have other bank lockers will also have to sign this agreement.

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