RBI Issued Bank Locker Rules: Know this new rule of RBI before keeping cash in bank locker

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RBI Issued Bank Locker Rules: Do you also keep your money, important documents or jewelery in the bank locker. If yes, then this news can be of your use. Often people keep their essential things and money in bank lockers for fear of theft or loss.

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They feel that their belongings will be safe in the locker. But, sometimes even the stuff kept in the locker goes missing or gets damaged. In such a situation, banks refuse to take responsibility for it. If you are also thinking of taking a locker, then before that you should know the locker rule of RBI.

This is the rule of RBI

RBI has changed the rules of bank locker this year. According to the new rule, if a person keeps goods in the locker of the bank and it gets damaged, then it will be the responsibility of the bank. The bank will be bound to pay 100 times the annual rent of the locker to the customer. On the other hand, if the customer’s locker is damaged due to fire, robbery or in any way, the bank will compensate it.

How can I get a locker in the bank?

If you want to take a locker in the bank, then you will have to first go to the branch where you want to open your locker, then you will have to apply there. Locker is allotted to you on first come first serve basis. If your name comes in the waiting list of the bank after giving the application, then you are given a locker. For this you are also charged some rent annually.

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