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Bank Locker New Rules: Many people consider bank lockers to be more secure and keep their valuables in them. Most people are unaware of what can be kept in a bank locker and what are the rules of banks in case of its disappearance.

RBI has now issued new guidelines (Bank Locker Guidelines) regarding bank lockers. It has also made provisions for compensation while fixing the accountability of banks. RBI has also given instructions to banks to implement these rules (RBI new rules for bank locker). These rules have been taken in the interest of customers to protect their rights.

You cannot keep money in the locker-

In the new rules, RBI has told what can be kept in a bank locker (bank locker ke niyam) and what cannot. How much compensation will be given in case of its disappearance. According to the rules of RBI (RBI new rules), you cannot keep cash in a bank locker.

The bank is not responsible for cash-

According to a case, the cash kept in the bank locker was eaten by termites, so the bank refused to give this amount citing the rules. If someone keeps cash in the locker (bank locker rules), then the bank will not have any responsibility or accountability.

These things cannot be kept -

Cash cannot be kept in the bank locker. You can deposit it in the account. Apart from this, no weapons, drugs, poison, explosives, perishable items, or illegal items can be kept in the bank locker. The customer has to follow the rules of the bank and the guidelines of RBI. Otherwise, in case of any discrepancy, the claim can be rejected.

These things can be kept in the locker -

Rules (bank locker luggage rules) have also been fixed regarding the luggage kept in the bank locker. It is not that you can keep anything in the locker. According to RBI, you can keep jewelry, property papers, important documents and certificates, insurance policies, etc. in a bank locker (bank locker new rules). You should make a list of what you have kept in your locker.

This much compensation will be given for the bank's negligence-

If any negligence is done by the bank, then the bank will have to compensate the customer for the loss caused by it (bank locker compensation). According to RBI, if this happens, the banks will have to pay compensation 100 times the annual rent of the bank locker. RBI has fixed the responsibility of the banks in its guidelines (RBI new guidelines).

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