Are you also thinking of keeping some of your valuables in a bank locker? Nowadays, many people consider it safer to keep their valuables in a bank locker instead of keeping them at home and in such a situation, this is also a good thing. Now the question is whether it will be safe to keep your valuables in a bank locker. The question that comes to the mind of many such people is that if they keep valuables and it gets stolen from the bank or something goes wrong, will they get their valuables back? So let us know today what are the rules of bank locker and what will happen if some things go missing from the bank locker.
What if items go missing from your bank locker?
The Reserve Bank of India has changed many rules regarding bank lockers. According to the new rule, if a bank customer keeps his goods in the bank locker and the goods get damaged then the customer need not worry. The bank will be responsible if the goods get damaged. If the goods get damaged or stolen then the bank will have to pay compensation. Even if the goods are destroyed due to fire in the bank, the bank will compensate for the entire loss.
How to avail bank locker facility?
Now for those who are wondering how to avail the facility of bank locker. For this you will first have to go to the bank. Where you have to submit an application to the bank to get your locker. Also, it is given on first come first serve basis in the bank. If your name is in the waiting list of the bank then you will be given a locker. For this, some rent is charged from you on annual basis i.e. you will have to pay the fee for the locker you will take.
