Bank Locker Rules: Avoid This Mistake When Getting a Locker!

Business
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News18•07-02-2026, 05:16
Bank Locker Rules: Avoid This Mistake When Getting a Locker!
- •Bank lockers offer a secure alternative to storing valuables at home, protecting jewelry, documents, and other critical items.
- •Locker opening can be done online via the bank's website or offline by visiting a branch, requiring an account number and necessary documents.
- •Eligibility extends to individuals, joint holders, companies, organizations, trusts, and NRIs, with Aadhaar, PAN, and bank account details required.
- •Permitted items include jewelry, important documents, and confidential materials; cash, weapons, drugs, and perishable goods are strictly prohibited.
- •Banks are liable for losses due to their negligence or employee fraud, compensating up to 100 times the annual locker rent.
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