Friday, November 22, 2024
HomePersonal FinanceSBI Locker Rules: Big News! Bank changed its rules for customers having...

SBI Locker Rules: Big News! Bank changed its rules for customers having lockers, check details immediately

SBI Bank Locker Rule: If you also have a locker in SBI, then this news is very useful for you. The bank has issued a notice to all the customers informing them to settle this work. Actually the bank has changed its rules for the customers having lockers.

SBI Locker Rules: State Bank of India, the country’s largest public sector bank, has issued a message for its customers. This message is especially for those customers who have a locker in the bank. The bank has asked its locker holders to reach the branch of the bank and sign the new locker agreement as soon as possible. The bank has given information by tweeting about the revised locker agreement that we urge all our customers to visit the branch as soon as possible to sign the new locker agreement. The customer must read the new agreement notice before signing.

Let us tell you that there has been an amendment in the rules regarding bank lockers, which banks have to implement by 30 September. In such a situation, SBI has asked the customers to update their bank locker agreement. Lockerholders will have to show eligibility for a new locker agreement and enter into an agreement for renewal.

RBI issued circular

The Reserve Bank has directed all banks to sign new agreements with at least 50 percent of their locker holders by June 30, 2023. At the same time, by September 30, 75 percent and by December 31, 100 percent customers should be signed on the new locker agreement. Along with this, customers of all banks have also been asked to inform about the details of the new agreement. All banks will also have to update the status of their locker agreement on the efficient portal of RBI.

What are the new rules of RBI

RBI has issued new rules due to the ever increasing complaints from the customers taking lockers in the bank. These new rules have come into force from 1 January 2022. According to these new rules, now banks cannot say that they have no responsibility for the goods kept in the locker. In case of theft, fraud, fire or building collapse, the liability of the banks will be up to 100 times of the annual rent of the locker. Apart from this, the bank will have to take all necessary steps for the safety of the locker.

Banks will be responsible in this condition

Please tell that whenever the customer who has taken the locker on rent access his locker, its alert will be given through e-mail and SMS through the bank. Along with this, it is now necessary to monitor the people coming and going in the locker room through CCTV. Apart from this, the data of CCTV footage will have to be stored for 180 days. If in any event it is proved that the loss of the contents of the locker is due to the connivance of the bank staff or due to negligence in the security arrangement, then the bank will be held responsible for the same and will have to compensate it.

How much will SBI customers have to pay the charge

  • 2,000 and GST will have to be paid for taking SBI small locker in urban or metro city.
  • On the other hand, for a small locker in a small city or rural area, 1,500 and GST charges will have to be paid.
  • On the other hand, for taking SBI’s medium size locker in urban or metro city, Rs 4,000 and GST will have to be paid.
  • On the other hand, for taking a medium size locker in a small town or rural area, you will have to pay Rs 3,000 plus GST.
  • For SBI’s big size locker, customers in big and metro cities will have to pay Rs 8,000 plus GST charges.
  • On the other hand, in small and rural cities, you will have to pay a fee of Rs 6,000 plus GST.
  • 12,000 and GST will have to be paid for taking the biggest locker of SBI in big cities or metro cities.
  • Whereas in small towns and rural areas, you will have to pay Rs 9,000 plus GST.
Shyamu Maurya
Shyamu Maurya
Shyamu has done Degree in Fine Arts and has knowledge about bollywood industry. He started writing in 2018. Since then he has been associated with Informalnewz. In case of any complain or feedback, please contact me @informalnewz@gmail.com
RELATED ARTICLES
- Advertisment -

Most Popular

Recent Comments