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Page 2 - Bank Lockers
Cap on term deposit while opening bank locker will end arbitrariness
Your bank will bear limited liability for the contents of your locker, so buy insurance
 "Cap on term deposit while opening bank locker will end arbitrariness")
Updated On : 20 Aug 2021 | 6:07 AM IST
RBI issues revised norms for hiring of bank lockers: Check details here
Under new norms, the liability of banks will be limited to 100 times its annual rent in case of fire, theft, building collapse or frauds by bank employees
 "RBI issues revised norms for hiring of bank lockers: Check details here")
Updated On : 19 Aug 2021 | 1:18 AM IST
RBI issues revised instructions for banks on locker management
As per the revised guidelines, banks will be required to incorporate a clause in the locker agreement prohibiting the hirer from keeping anything illegal or hazardous in lockers
 "RBI issues revised instructions for banks on locker management")
Updated On : 18 Aug 2021 | 6:24 PM IST
Ways to reduce your risk when bank doesn't compensate for theft from locker
Prudence over choice of bank, a detailed item inventory are a few of the ways
 "Ways to reduce your risk when bank doesn't compensate for theft from locker")
Updated On : 26 Jun 2017 | 4:38 PM IST