New Rules on Bank Locker: Just imagine, you have kept your valuables safe in the bank locker and someday on opening the locker you come to know that those things have been stolen or lost. From whom will you make up for that loss?
RBI New Rules on Bank Locker: People prefer to keep their valuables in bank lockers to avoid theft, robbery, fire and other untoward incidents. For this they also pay annual rent. Just imagine, on opening a locker, it is found that all the money kept in it has been spoiled or stolen and what will happen if the bank also refuses to take responsibility for it.
The ground will slip from under the feet of the victim. It is possible that someone may also get a heart attack. But now this will not happen. Banks will not be able to abdicate their responsibility for the loss caused in the locker.
Supreme Court had ordered
The Supreme Court had ordered RBI to take steps on the security of bank locker (RBI New Rules on Bank Locker), after which the Reserve Bank of India issued new rules on locker security. Those rules have come into force from January 1 this year. Under the new rules, the bank management will now be responsible for the loss of any valuables of the customer kept in the bank locker and he will have to pay the consumer up to 100 times the rent of the locker.
Now banks will have to pay compensation
According to the new rules, if there is damage to the goods kept in the locker (RBI New Rules on Bank Locker) due to fire, theft-robbery or any other reason in the bank and it is proved that the bank was negligent in this incident, then it The customer will have to pay compensation. He will not be able to run away from his responsibility under any circumstances and will be able to refuse to compensate the consumer.
New locker agreement from 1 January 2023
Following the instructions of RBI, banks have also released the format of new locker (RBI New Rules on Bank Locker) agreement from this year. All consumers and banks availing locker facility will have to sign this agreement. RBI has instructed the banks that this agreement should be made consumer friendly and no unfair conditions should be added to it. The compliance of the orders of the Supreme Court should also be ensured in the agreement.
Earlier banks used to behave like this
Let us tell that earlier most of the banks used to shirk their responsibility in case of any kind of damage to the goods kept in the locker (RBI New Rules on Bank Locker). They also refused to give him any kind of compensation. Due to this, the consumer who has lost his capital remains standing like a cheat. While hearing a petition, the Supreme Court had issued an order in this regard last year. The implementation of which has now started.
