A savings account at the bank where you want to open a locker, we have the joint account and the safe in IDBI Bank, We would like to hand the safe to the bank. IDBI Bank asked us for physical presence when handing over From the Bank Is it mandatory under the banking law/rules? I stay in the United States and I can`t travel to Mumbai, India, my wife stays in Mumbai, India. I`m going to sign the necessary documents – send to the bank, will it work? Please share your views/comments/advice with me. Very informative contribution for those looking for information about bank deposits. If the locker is empty for more than a certain period of time. For example, for clients considered high risk (NRI clients, etc.). If the bank does not operate for more than a year, it can be pierced by the bank. This also happens when rent is regularly paid on the locker. Banks have a deposit policy that involves the policy of hiring lockers. All banks must comply with RBI guidelines. Guidelines for bank secure bank vaults can be obtained online.
Most banks offer to go to the bank`s local branch to get details on opening the lockers. If you want to know if a particular store has a deposit device, it can be purchased online. The locker was found open and ornaments were missing. The Bank did not request a service. He also did not provide information on who accessed the locker. The Commission therefore argued that there was a lack of services on part of the bank. Sir, I have a record with my wife. Now I want to shut it down. But not my wife. I didn`t pay the rent more than 3yrs. What must I do? In its response, the bank indicated that this was a case of false identity.
The customer went to the national commission against the bank for default in the service for the previous authorization Allotee, who had abandoned the locker to operate the same. In order to facilitate the identification of Safe Deposit Lockers on the basis of locker keys, the bank usually has all the keys in the locker marked, an identification code that could indicate the bank and branch that provides the locker. The bank only gives one key to the locker rental company, even if the locker is removed under a common name. The key is a very important part of the locker agreement and must be carefully preserved. If lost/displaced/stolen, the customer is required to notify the bank immediately. The banks tried to conclude the agreement between the lenders and the bank between the landlord and the tenant. Banks rent lockers to the customer and give the customer the right to use this option by giving rent. The banks argue that they do not know the contents of the safe and are therefore not responsible for the losses suffered by the customer. Similarly, if you take a locker, your goods in the locker are essentially the property of the bank, but you keep their belongings. So, as Shivani told me, you don`t need to be a hot VIP customer from the bank to have a locker – you just have to have an account and be able to pay the annual rent from the locker. Go to any branch of a public or private bank (whether SBI, ICICI or HDFC) where they have lockers and you will know the terms and conditions.
But let us spare you the trip and tell you here. My brother is in the early stages of cancer. He`s got a locker that`s either equipped with his wife. Both are RNAs and cannot travel to India to use the locker.