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TERMS AND CONDITIONS FOR LOCKERS
What should you do with your gold investments after PM Modi urges people to postpone gold purchases?Prime Minister Modi urged citizens to postpone gold purchases to curb India's import bill amidst West Asia tensions. While the intention is...
These 6 banking stocks have an upside potential of up to 24% in 1 year, according to analystsThe news flow is mixed in the case of banking stocks. The numbers so far this quarter suggest that all is well with the sector and banks ar...
PNB locker charges revised: Check how much people need to pay in rural, semi-urban, urban and metro areasPunjab National Bank has reduced locker rent charges across all regions and locker sizes, effective 30 days after publication on its websit...
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...
Private vs public bank locker charges 2025: Who is offering lockers at lowest rental?Both public and private sector banks offer this facility. However, rental charges may vary depending on factors like locker size, branch lo...
Bank locker charges November 2024: SBI, ICICI Bank, HDFC Bank, PNBLatest bank locker charges: The cost of a bank locker varies based on several factors, including the locker size and the branch's location,...
Bank locker rules 2024: Want to open a bank locker? How to choose, eligibility, cost, other detailsA bank locker is a safe place to store valuable items, such as jewellery, important documents and other precious assets. Here’s how one can...
Bank locker charges 2024: SBI vs HDFC Bank vs ICICI Bank vs Canara Bank vs PNBA safe deposit box is a personal vault offered to the banks’ customers to keep their valuables and belongings safe. Depending on the size o...
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...
Bank locker rules: Lost locker keys? Here's what you need to doBanks typically provide each rental locker with one key while keeping one key with the bank on record. When you have to operate the account...
New locker rules: Banks need to provide new locker agreement to customers by Jan 1, 2023According to the RBI notification, this arrangement must comply with the updated instructions as well as the Supreme Court's directives in ...
New bank locker rules effective from January 1: How locker customers will be impactedHere is a look at the revised guidelines for bank lockers and its impact on locker users, as per the RBI notification.
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, ...
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...
All you need to know about opening, maintaining and closing a bank lockerUsually there is a high demand for lockers and one needs to apply to the bank for the same. If a locker is available then the bank and the ...
Supreme Court says banks must inform locker holders in writing before breaking them openBreaking open a locker without following the legal procedure would be construed as gross negligence on the part of the bank, a top court be...
How to safely store your financial documentsFinancial documents need to be kept safe. Storing hardcopies in the almirah locker is no longer the wisest thing to do. Instead, you should...
Bank lockers: How much can you entrust them with your valuable deposits?According to Section 152 of the Indian Contract Act, a bank is not responsible for any loss or damage to the contents of a locker.
How to open a locker with a bankWhile choosing a locker, keep in mind the location and ease of transaction. A neighbourhood branch in which one already has an account woul...
- Why is it difficult to get a locker?
Going against RBI guidelines, banks arm-twist customers into opening an account or buying a financial product before renting a safe-deposit...