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BANK LOCKER BURGLARY
The safe keepers: Inside India's booming locker economyIndia’s locker economy is booming amid rising gold prices and household wealth. While banks remain the preferred repository, private vault ...
Delhi bank locker row: Rs 60 lakh jewellery loss claim sparks big questions on liability and compensation; Know your rights and how to protect your valuablesA Delhi woman reported Rs 60 lakh worth of jewelry missing from her bank locker, prompting a police investigation. Despite no signs of forc...
Bank locker facility: Don’t sign that bank agreement until you know these chargesBanks offer safe deposit lockers for secure storage, with annual rent varying by size and location, payable in advance. Besides rent, charg...
10 Best Manual Lockers for Home in India at Best PriceAre you looking for a locker for home? If so, then continue reading this article where we have shared a list of the 10 best manual lockers ...
Bank ordered to pay Rs 10 lakh to customer for loss of jewellery from bank lockerState run UCO Bank was ordered to pay Rs 10 lakh compensation to a customer who maintained a bank locker in the bank's Civil Lines, Allahab...
Loss of items in bank locker: How much will the bank pay you in case of fire, theft, building damageThe 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, ...
You cannot can keep these things in a bank lockerAs per RBI’s revised guidelines on lockers, the revised Locker Agreement is to be executed by all the existing locker holders. The RBI has ...
Rs 18 lakh cash in bank locker destroyed by termites; Know the rules regarding keeping cash in your bank lockerThe RBI announced the new locker guidelines via a notification on August 18, 2021. The RBI has set a deadline of December 31, 2023 for the ...
When does an SBI locker become inoperativeBanks always recommend that you use your locker regularly, or at least once a year, to prevent inoperative status. Locker status may change...
SBI locker: Know latest charges, revised guidelinesThe State Bank of India (SBI) has modified its locker rental fees, which vary by location and locker size. Here are the latest locker renta...
SBI locker update: SBI asks customers to execute revised locker agreementIf you have submitted a modified bank locker agreement on or before December 31, 2022, locker holders may need to sign and submit an update...
Banks are not adding this clause to the new locker agreement: How does this impact you?The Reserve Bank of India has asked banks to get the new locker agreements signed with their exisiting customers on or before December 31, ...
Honest misers make robbery unprofitableA thwarted thief’s accusatory note highlights the falling returns of robbery.
Now, a policy to protect bank lockerThe policy offers a cover against risks including fire, earthquake, burglary, holdup or any act of terrorism.
IFFCO Tokio General offers bank locker coverThe policy covers loss arising out of accident, terrorism, hold-up or infidelity of bank staff. The cover is limited to bank lockers provid...
After locker theft, e-petition seeks RBI review of bank policy on safety, insuranceThe objective of the petition is that the RBI should issue guidelines to all banks to bring transparency in the bank locker system.
Ensure safety of customers' lockers: RBI to banksThe Reserve Bank has asked banks to ensure customers' lockers remain safe and there is "no negligence" that could render banks liable to cl...
Banks lost Rs 180 crore to dacoity, burglaries in 3 yearsMinister of State for Finance Santosh Kumar Gangwar said State Bank of India lost Rs 30 crore in 344 incidence of robbery, theft, dacoity a...
Experts, bankers differ on liability for loss of locker itemsThe RTI disclosure by RBI and 19 PSU banks had said that they were not liable for damage to the locker contents by any cause, including fir...
Banks have no liability for loss of valuables in lockers: RBIStung by the revelation, the lawyer who had sought information under the transparency law has now moved the CCI alleging "cartelisation".