Bank locker charges: The Reserve Bank of India (RBI) modifies the rules with the customers’ security and convenience in mind. The regulations governing bank lockers have once more been modified by RBI. If you have taken a locker in a bank and have kept your gold and silver or other valuables in it, then definitely read this news.

According to the notification issued by the Reserve Bank entitled to get customer compensation, the Reserve Bank (RBI) has changed the rules on complaints of customers taking lockers in the bank. There are frequent complaints of theft in bank lockers from customers. But now if anything is stolen from the locker then the customer will be compensated up to 100 times the locker rent from the concerned bank.

It will be necessary to display the waiting list’s number on the display, in
The truth is that many times it has been seen that banks used to ignore the incident of theft. explains to the client that he is not accountable in any way. The order given by RBI said that banks will have to display the list of empty lockers, and waiting list numbers for the lockers. The locker system will become more transparent as a result. According to the RBI, the consumer cannot be kept in the dark by the bank.

You will be able to take rent for a maximum of 3 years at a time,
Whenever you use the locker, it will be communicated to you through e-mail and SMS through the bank. RBI has made this rule to protect against any kind of fraud. Banks have the right to collect locker rent for a maximum period of three years at a time. The bank is not allowed to charge you more than Rs 6000, excluding additional maintenance fees, if the locker rent is Rs 2000.

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With the aid of CCTV cameras, it is also required to keep an eye on who enters and exits the locker room. In addition, 180 days’ worth of CCTV footage must be stored securely. In case of theft or any other incident, the police will be able to investigate from the CCTV footage.

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