People take bank lockers to keep their valuables, but what happens when their belongings are not safe in the locker itself? In such a situation, if you are also thinking of taking a bank locker for yourself, then you need to know some basic things about it first. In this news, we will tell you how you can take a bank locker, how you can take advantage of it, and what the rules are related to it-

Important rules related to the bank locker-

- To get a locker in the bank, first of all, you have to fill out an application. You can take a locker at any bank.

- However, you will have to give the application to whichever branch of the bank you want the locker.

- Locker facility is given on a first-come, first-served basis.

- If your name is on the waiting list, then you can get it only after the locker is empty.

Documents required for the locker-
To get the facility of a locker, apart from a PAN card or Aadhaar card, a recent photograph along with identity proof and address proof has to be submitted. Apart from this, there should also be a minimum amount in the bank account.

Will the bank take responsibility if the items kept in the locker are lost?

Under the bank locker rules, the responsibility of the bank in case of theft or fraud is limited to 100 times the annual rent of the locker. Banks cannot break the lock without giving written notice to the customer. However, banks insure their branches to cover losses caused by disasters like fire, theft, robbery, but the bank has no responsibility in natural disasters.

How much money does one have to pay to open a locker?
The charge for opening a locker is different in all banks. Its annual charges are also fixed based on the size and location of the locker. In SBI, the charge for a bank locker is from 2 thousand to 12 thousand. In Canara Bank, this charge is from 2 thousand to 10 thousand. In HDFC, this charge is from 3 thousand to 20 thousand. In ICICI Bank, this charge starts from Rs 1200 and goes up to 5 thousand. PNB charges from 1250 to 10 thousand rupees for a bank locker.

Is the stuff safe in a bank locker?

After a decision of the Supreme Court, lockers have become much safer than before. Now, in case of theft or fraud, banks will be responsible for paying compensation up to 100 times the annual rent of the locker. Therefore, you should avoid keeping stuff worth more than 100 times in the locker.

If you have a locker, keep these things in mind-

- Pay the locker fees on time.

- The closer the locker is to the house, the better.

- Keep a list of the things kept in the locker with you.

- Keep checking your locker from time to time.

- Keep a copy of the bank agreement safe with you.

- Keep the locker keys safe.

- You cannot keep cash in a bank locker.

- There is no insurance for things kept in the locker.

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