The RBI had asked banks to assist their clients in the execution of fresh/supplementary stamped agreements with their customers by taking m...

The rent should be paid in full before the start of the fiscal year. To ensure that the customer is aware of their rights and obligations, ...

Banks typically provide each rental locker with one key while keeping one key with the bank on record. When you have to operate the account...

Banks always recommend that you use your locker regularly, or at least once a year, to prevent inoperative status. Locker status may change...

The bank will not be liable for any damage or loss of locker contents caused by natural calamities like earthquakes, floods, lightning, or ...

According to the RBI notification, this arrangement must comply with the updated instructions as well as the Supreme Court's directives in ...

When opening a locker at the State Bank of India (SBI) or any other bank, customers must ensure that they register for the nomination facil...

PNB has a simplified policy and procedure in place to help with the settlement of claims for deposits, locker contents left in the accounts...

As with any financial instrument or service, you will also have to add nominees to your bank locker. Here is a look at how someone with a l...

For instance, for a small locker in a metro or urban city, the rental charge has been increased by Rs 500 to Rs 2,000. For a large locker, ...

Here is the procedure to access the bank locker by the nominee in case of death of holder whether held individually or jointly.

The lockers come in different sizes and are used for safe keeping of valuables. Only the locker hirer or joint hirers can operate the locke...

The safe deposit locker facility is one of the subsidiary services provided by a bank for keeping valuables safe.

While choosing a locker, keep in mind the location and ease of transaction. A neighbourhood branch in which one already has an account woul...

BCSBI state that the bank is bound to supply authenticated copies of all the loan documents executed by you at the bank's own cost.

Issuing fresh guidelines to tackle the security threat, the Reserve Bank of India today permitted banks to break open a locker if it remain...

Banks are set to be granted additional powers by the banking regulator to break open lockers.