Bank lockers offer limited protection for valuables. The RBI limits bank liability for loss from theft or fire to 100 times ...
Under Reserve Bank of India (RBI) guidelines, the responsibility of the bank is limited — and in many cases, the loss is ...
Many customers are unsure whether banks keep duplicate keys, how lockers are opened if a key is lost, and who bears the cost.
Upon loss of the key, the locker-hirer is obliged to immediately inform the bank, whereupon the bank is entitled to follow a ...
Bank lockers offer limited protection for your gold. A Gold Overdraft facility provides better security and access to funds.
If you find out that your locker key is missing, the first step is to immediately inform your bank branch. Most banks require ...
Balakrishnan’s vision behind launching the venture is to enhance security and optimise customer experience when storing valuables such as gold in bank lockers The startup intends to partner with banks ...