Banks offer safe deposit lockers for secure storage, with annual rent varying by size and location, payable in advance. Besides rent, charg...

Both public and private sector banks offer this facility. However, rental charges may vary depending on factors like locker size, branch lo...

Latest bank locker charges: The cost of a bank locker varies based on several factors, including the locker size and the branch's location,...

A bank locker is a safe place to store valuable items, such as jewellery, important documents and other precious assets. Here’s how one can...

A safe deposit box is a personal vault offered to the banks’ customers to keep their valuables and belongings safe. Depending on the size o...

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...

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...

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, ...

"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...

Usually 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 ...

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...

Financial documents need to be kept safe. Storing hardcopies in the almirah locker is no longer the wisest thing to do. Instead, you should...

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.

While choosing a locker, keep in mind the location and ease of transaction. A neighbourhood branch in which one already has an account woul...

Going against RBI guidelines, banks arm-twist customers into opening an account or buying a financial product before renting a safe-deposit...