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

The revised guidelines are applicable to both new and existing safe deposit lockers and the safe custody of articles facility, as per revis...

The 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 ...

The revised guidelines are applicable to both new and existing safe deposit lockers and the safe custody of articles facility, as per revis...

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...

Many bank branches are unprepared, lacking necessary documents for signing the agreements, despite customers being notified to visit and up...

The State Bank of India (SBI) has modified its locker rental fees, which vary by location and locker size. Here are the latest locker renta...

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...

If you have submitted a modified bank locker agreement on or before December 31, 2022, locker holders may need to sign and submit an update...

The Reserve Bank of India (RBI) has issued a circular on January 23, 2023 asking banks to ensure that model locker agreement is followed. I...

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 ...

Here is a look at the revised guidelines for bank lockers and its impact on locker users, as per the RBI notification.

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

Here is a look at the charges of bank lockers and the various sizes available at State Bank of India (SBI), ICICI Bank, Punjab National Ban...

"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...

Banks have also been directed to maintain a branch-wise list of vacant lockers as well as a wait-list for the purpose of allotment of locke...