Bank issued advisory
Let us tell you that the State Bank is going to change the rules regarding bank lockers from June 30. The bank has issued an advisory saying that it is appealing to the locker holders on the Internet to sign the revised locker agreement by June 30, 2023. For the last few days, the bank is continuously issuing advisory regarding this.
SBI tweeted
The bank has appealed to the customers to sign the locker agreement as soon as possible. SBI has written in its official tweet that Dear Customer, please visit your branch for settlement of the revised locker agreement. If you have already signed the updated agreement, you still need to execute the supplementary agreement.
Bank of Baroda is also demanding from customers
Apart from SBI, Bank of Baroda customers are also being asked to sign revised locker agreements by the due date.
RBI has appealed to the customers
The Reserve Bank of India has also appealed to the customers that on January 23, 2023, a circular has been issued keeping the customers in mind. According to this circular, all banks have to give information about the rules and agreements related to the locker. Along with this, it will also have to be ensured that 50 percent of customer agreements will have to be revised by June 30 and 75 percent by September 30.
Customers will get compensation
According to the revised rules, if there is fire, theft, burglary, dacoity, negligence of the bank or any kind of incident on the part of its employees, then the bank will indemnify it. Explain that this compensation will be equal to 100 times the annual rent of the locker.
