Many customers are unsure whether banks keep duplicate keys, how lockers are opened if a key is lost, and who bears the cost. While the pro...

The Reserve Bank has directed banks to ensure deposit accounts and safety lockers have nominations to ease claim settlements. Observing man...

Veteran armed forces member and MyGate founder Vijay Arisetty has been appointed as founder and CEO of Aurm, an asset protection firm in Mu...

State 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...

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, ...

A safe deposit locker is a rented locker that a bank offers you to store your valuables. Latest bank locker charges of HDFC Bank, ICICI Ban...

See exactly what happens is that if for example, customer has not paid rent for a long time then banks can open the locker as they had this...

New bank locker rules: Banks are recommended to take steps to make it easier for their customers to execute new or additional stamped agree...

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

The Reserve Bank of India has asked banks to get the new locker agreements signed with their exisiting customers on or before December 31, ...

The revised instructions will be applicable to both new and existing safe deposit lockers and the safe custody of articles facility with th...

Breaking open a locker without following the legal procedure would be construed as gross negligence on the part of the bank, a top court be...

After note ban in 2016, I-T raids add to the woes of private locker firms catering to small traders.

The Reserve Bank has asked banks to ensure customers' lockers remain safe and there is "no negligence" that could render banks liable to cl...

The RBI has stated that banks will not compensate if the contents of the locker are stolen or damaged in a natural calamity.

The RBI says that banks aren't responsible for the contents of the lockers, though they are required to take precautions for their protecti...

About 104 Bank branches, which have been operating in Noida from residential areas for decades, have been asked to shift to other locations.