Bank Lockers
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What happens if jewellery gets stolen from bank locker? Know your rights and compensation options
February 18, 2026 20:13 ISTIf jewellery or valuables are stolen from a bank locker, customers can file a written complaint, lodge an FIR and claim compensation if negligence is proven. RBI guidelines require banks to pay up to 100 times the annual locker rent in such cases.
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Good news for bank customers: They can now opt for up to four nominees in their accounts, lockers
October 23, 2025 16:04 ISTCustomers may nominate up to four persons, either simultaneously or successively, thereby simplifying claim settlement for depositors and their nominees.
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What can be kept in bank locker and what can't? All you need to know
Business | November 21, 2024 15:39 ISTBank lockers are secure storage options for valuables like jewellery and documents. However, there are a few things to keep in mind while operating a locker.
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UP woman keeps Rs 18 lakh in bank locker for daughter's wedding | This is what happens next
Trending | September 27, 2023 17:44 ISTA woman in UP's Moradabad received the shock of her life when she opened her bank locker to witness cash worth Rs 18 lakh turned to dust. The woman had saved the money and some jewellery for her daughter's wedding for one and a half years in the locker.
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New bank locker rules to EPF nomination: 4 Money-related changes that will kick in from today
Business | January 01, 2022 9:52 ISTMany money-related developments are expected from January 2022. From ATM fees becoming costlier to new guidelines on bank lockers. Here are some key regulatory and operational changes that are likely to come into effect from 2022.
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Bank Locker New Guidelines: RBI issues new, revised instructions on safe deposit lockers in banks
Business | August 19, 2021 10:54 ISTBank Locker New Guidelines: The revised instructions will be applicable to both new and existing safe deposit lockers and the safe custody of articles facility with the banks.
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SBI Bank Alert! State Bank of India hikes locker charges from March 31; Check revised locker charges
Business | February 26, 2020 6:48 ISTThe State Bank of India (SBI), India's largest lender, has announced a hike in rental charges for its safe deposit lockers across India. The new rental charges will be effective from March 31, 2020.
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Have you kept your gold in a bank locker? You MUST assess how safe it is
Business | November 23, 2019 17:57 ISTAs per the RBI guidelines, banks have no liability for loss of valuables in lockers. Which clearly states that during any mishap like: bank robbery, sudden fire or any natural calamity banks are not liable to pay their customers any compensation.
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No proposal to seal bank lockers, confiscate jewellery: Finance ministry
November 18, 2016 15:16 ISTthe Finance Ministry on Friday said there was no move to seal bank lockers nor was it true that the ink of the new Rs 2,000 notes has been bleeding in some cases.
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Rs 1.05-cr cash, jewellery found from Fiza's 3 bank lockers
India | September 13, 2012 17:36 ISTChandigarh, Sep 13: Mohali police and Income Tax department officials today jointly opened three bank lockers belonging to Fiza aka Anuradha Bali, former wife of Haryana's former deputy CM Chander Mohan, and found Rs 1.05
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CBI Searches Kalmadi's Bank Lockers
India | March 01, 2011 20:42 ISTPune, March 1: A CBI team from Delhi today searched some bank lockers of former chairman of Commonwealth Games Organising Committee Suresh Kalmadi, here today, sources close to the Congress MP said. An officer at
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