Many banks provide the facility of locker. In this locker, people keep their important documents, jewellery or any other such item which needs a lot of security.
Locker facility is provided by many banks. In this locker, people keep their important documents, jewellery or any other item which needs a lot of security. Due to this, it is also called Safe Deposit Locker. Many people think that they can keep anything in the bank, but according to the rules of the Reserve Bank of India, some things are prohibited in it. Let us know what are the revised rules of the Reserve Bank of India.
What can be kept in a bank locker?
According to the Reserve Bank of India, a bank locker can be used only for legitimate purposes. Valuables like jewellery and documents can be stored in it. These things of yours are completely safe in the locker.
What things are prohibited to be kept in a bank locker?
- According to the website of the State Bank of India, first of all, you cannot keep cash or currency in the locker.
- Apart from this, things like weapons, explosives, drugs cannot be kept in any bank locker.
- If there is any decomposable thing, then it also cannot be kept in the locker.
- Any radioactive material or any illegal thing or any such thing, which is banned as per Indian law, cannot be kept in a bank locker.
- No such material can be kept in a bank locker, which can pose a threat to the bank or any of its customers.
Bank locker opens with two keys
Two keys are required to open a bank locker. One key is with the customer and the other with the bank manager. Unless both keys are used, the locker will not open. Now the question is what will happen if you lose the key of the bank locker? What are the rules regarding bank locker? Let’s know.
If the key of the bank locker is lost, then first of all you have to inform the bank about it. Also, an FIR has to be lodged for the loss of the key. If the key of your bank locker is lost, then two things can happen in that situation-
First, the bank issues a new key for your locker. For this, the bank will get a duplicate key made. However, there is a risk in getting a duplicate key made that the person who made the duplicate key of that locker may do some wrong thing in the future.
The second situation is that the bank will issue you another locker and the first locker will be broken. After breaking the locker, all its stuff will be shifted to another locker and its key will be given to the customer. However, the customer may have to bear all the expenses from breaking the locker to getting it repaired again. In such a situation, try to keep the key very carefully.
How is the locker broken?
The arrangement of the bank locker is such that from opening it to breaking it, during every work, both the customer and the bank officer are present. Whenever a customer goes to the bank to open his locker, the bank manager also goes with him to the locker room. There, two keys are used in the locker. One key is with the customer and the other with the bank. Unless both the keys are used, the locker will not open. After the locker is unlocked, the bank official leaves the room and the customer can see, change or take out the items kept in the locker with complete privacy.
Similarly, when a bank locker is broken, it is necessary for the bank officer as well as the customer to be present there. If the locker is taken jointly, then it is necessary for all the members to be present there. If the customer gives in writing that the locker can be broken even in his absence, then the locker can be broken without the customer and the items present in it can be shifted to another locker.
When can the bank break the locker on its own?
If there is a criminal case against a person and it seems that the person has hidden something in his locker, which may be related to the crime, then the locker can be broken. However, in this situation, along with the bank officials, the presence of police officers is also necessary.
According to SBI, if a person does not pay the rent of his locker for 3 years, then the bank can recover its rent by breaking the locker. If a customer’s locker remains in-operative for 7 years and the customer is not traceable, even if the rent continues to be paid, the bank can break open that locker.
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