Bank Locker Agreement : Customers having bank lockers in India’s largest public sector banks State Bank of India (SBI) and Bank of Baroda (BOB) have to complete important bank related work by 31st December.
The Reserve Bank of India (RBI) has instructed all banks to get their customers to sign the new agreement for bank lockers. If you also have a bank locker in any branch of SBI or Bank of Baroda, then go there and sign your new bank locker agreement. Otherwise, you may face problems later.
Banks are making phone calls to customers
Most all banks have issued a revised bank locker agreement covering the customer’s rights. Bank locker customers are required to sign on it. Banks are also asking their customers to visit the bank through phone calls, SMS and emails. Not only this, banks are also keeping stamp papers for the customers. So that, customers just have to come to the bank and sign. Customers have to go to the bank and give their Aadhaar, PAN and photo. Also, stamp paper and bank locker agreement will have to be signed.
All banks should complete the signing of bank locker agreement by 31st December.
RBI has ordered all banks to sign the new agreement with bank locker holders by 31 December 2023. All banks have been directed to provide necessary information to their customers as well as update the status of their locker agreements on the efficient portal of RBI. Most people keep their gold and important documents in bank lockers. In such a situation, it is necessary to sign an agreement for the safety of the items kept in the locker.
