SBI Bank Locker Rule: SBI has asked customers to update their bank locker agreement. Locker holders will have to show eligibility for a new locker agreement and enter into an agreement for renewal.
If you are a customer of State Bank of India, the country’s government bank and have taken a bank locker in this bank, then the bank has issued a notice for you. There has been an amendment in the rules regarding bank lockers, which banks have to implement by 30 September. In such a situation, SBI has asked the customers to update their bank locker agreement. Lockerholders will have to show eligibility for a new locker agreement and enter into an agreement for renewal.
In a tweet recently, SBI told its customers that “the bank has issued revised / supplementary locker agreement incorporating the rights of customers. Customers availing locker facility with SBI are requested to contact their locker branch.” Get in touch and make changes as per the revised/supplementary agreement.”
RBI has issued a guideline
The Central Reserve Bank has given a timeline to banks for issuing amendments to the bank locker agreement. Banks had to give this information by April 30 and have been asked to implement the rule of locker agreement up to 50 percent by June 30 and 75 percent by September 30. Banks will also have to give this information on the efficient supervisory portal. RBI has implemented these rules to give more security to the customers in the bank locker rules, so it is important that they renew their agreement as soon as possible for their benefit.
What are the new bank locker rules?
Whenever the customer accesses his locker, the bank will send its alert through e-mail and SMS.
– Banks will compensate you under certain circumstances, if- If the contents of the locker are damaged due to the negligence of the bank, incidents like fire, theft/robbery, building collapse, in which the bank is at fault, or the bank has You have shied away from the responsibility of the goods.
– If you suffer losses due to fraud on the part of the bank’s employees, the bank will compensate you up to 100 times the annual rent of the locker.
Banks will continue to accept fixed deposits to recover locker rent. To ensure prompt payment of locker rent, banks are permitted to obtain a fixed deposit at the time of allotment, which will cover three years’ rent and locker opening charges in case of any such eventuality.
What are the locker charges of SBI? (SBI Locker Charges)
