HDFC Bank tightens locker access rulesHDFC Bank has enhanced locker security with mandatory biometric authentication linked to Aadhaar. A bank representative will now monitor lo...
27 Feb, 2026, 06.04 AM IST
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...
23 Feb, 2026, 03.53 PM IST
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...
09 Aug, 2025, 01.50 PM IST
Aurm to set up safe deposit facilities with 5000 lockers in FY24Aurm intends to install 5000 secure deposit lockers in 25 Bangalore residential societies by year-end, aiming to tackle the increased deman...
02 Aug, 2024, 04.11 PM IST
Flatheads’ founder sets up bank locker security venture Aurm with former MyGate core teamThe startup aims to enhance security and optimise customer experience when storing valuables such as gold in bank lockers.
12 Feb, 2024, 02.50 PM IST
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, ...
19 Oct, 2023, 02.03 PM IST
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 ...
30 Sep, 2023, 03.53 PM IST
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...
22 Jun, 2023, 02.21 PM IST
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...
16 Jun, 2023, 06.05 PM IST
New bank deposit locker agreement rules: 5 things to knowThe bank will not be liable for any damage or loss of locker contents caused by natural calamities like earthquakes, floods, lightning, or ...
30 Jan, 2023, 06.30 AM IST
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, ...
03 Jan, 2023, 10.25 AM IST
New bank locker rules: Sign new locker agreements to get locker loss compensation"It is the responsibility of banks to take all steps for the safety and security of the premises in which the safe deposit vaults are house...
19 Aug, 2021, 04.05 PM IST
RBI revises lockers rules: Bank liability limited to 100 times of annual rentThe revised instructions will be applicable to both new and existing safe deposit lockers and the safe custody of articles facility with th...
18 Aug, 2021, 09.30 PM IST
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...
08 Aug, 2017, 03.38 PM IST
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...
18 Jul, 2017, 07.30 PM IST
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".
25 Jun, 2017, 08.12 PM IST
- Banks expand safe deposit lockers to keep gold
A huge demand for safe deposit lockers for gold, prompted by a spate of thefts in south Indian cities, is driving banks to increase storage...
08 Mar, 2012, 04.48 AM IST