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Bank locker rules change, Here are the rules that every customer should know

After objections from clients, RBI chose to make changes in the bank locker rules. The new principles have become effective from January 1, 2022.

Remembering the security of the clients, the Reserve Bank has rolled out a major improvement in the bank locker rules. Assuming that you are likewise intending to open a locker in any bank or on the other hand if you recently have a locker in any bank, you should be familiar with the new guidelines.

After the consistent objections from clients on bank locker spaces, the Reserve Bank chose to make changes in the current principles. The new standards have become effective from January 1, 2022. If you don’t know about these changed standards at this point, we bring before you a definite contribution on rule changes relevant for bank locker rooms.


Bank to give remuneration for theft

There have been many occasions where there has been instances of burglary from bank locker rooms. To stop this, the Reserve Bank has now made severe guidelines which has expanded the obligation of the banks. Presently assuming that anything is taken from your bank locker or there are any issues connected with it, then the bank should repay the client multiple times the lease of the bank.

Presently banks can’t say that they are not answerable for bank locker robberies.

CCTV necessary

Presently it will be obligatory for banks to introduce CCTVs to screen the locker rooms. Alongside this, it has likewise been made required to save the information of CCTV for 180 days. This will help in checking assuming that there is any disparity.

It has likewise been made important to track the CCTV film if a client gripes of any unsettling influence or robbery to the bank till the police examination is finished.

Email and SMS alarms

To safeguard clients from cheats, the Reserve Bank has now made it important that the bank should send SMS and messages each time a client gets to his locker. This alarm will safeguard clients from extortion.

Data on void locker to be unveiled

As per the new principles of the Reserve Bank, banks can never again give half-finished or bogus data about the locker to the clients. They should disclose the rundown of void locker rooms, the hanging tight rundown for the locker and the quantity of the holding up list.

These must be placed on the presentation leading body of the bank. Likewise, they should acknowledge every one of the applications connected with opening the locker and illuminate the clients about the holding up list.

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