Putting gold in a bank locker feels like the safest thing you can do. But the protection you think you have and the ...
Bank lockers offer limited protection for valuables. The RBI limits bank liability for loss from theft or fire to 100 times ...
If you find out that your locker key is missing, the first step is to immediately inform your bank branch. Most banks require ...
Upon loss of the key, the locker-hirer is obliged to immediately inform the bank, whereupon the bank is entitled to follow a ...
Many customers are unsure whether banks keep duplicate keys, how lockers are opened if a key is lost, and who bears the cost.
Under Reserve Bank of India (RBI) guidelines, the responsibility of the bank is limited — and in many cases, the loss is ...
Bank lockers offer limited protection for your gold. A Gold Overdraft facility provides better security and access to funds.
With gold prices seeing a surge, it is better to get insurance for the gold jewellery that you have in safe deposit lockers.