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Bank locker rules: What can you keep in your bank locker and what you cannot

India Business News: Bank lockers are intended solely for legitimate purposes, such as safeguarding valuables like jewelry and documents. Storing cash or currency in these

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Can bank remove contents from your locker due to non-payment of locker rent?

The bank has been mandated to recover the rent and any other cost incurred by it and debit the customer account.

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Money insurance: Can you insure cash kept in a bank locker?

According to RBI rules, banks are not liable to provide compensation for the destruction of a locker’s contents

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Rs 18 lakh cash in bank locker destroyed by termites; Know the rules regarding keeping cash in your bank locker

The RBI announced the new locker guidelines via a notification on August 18, 2021. The RBI has set a deadline of December 31, 2023 for the execution of updated locker agreements. Let us take a look at what one can keep in their bank locker.

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Termites Destroy Rs 18 Lakh Cash In Bank Locker After A Year

In a tragic incident, a woman from Uttar Pradesh lost Rs 18 lakh, her savings for her daughter s wedding, to termites in a bank locker, , bank of baroda, termites, bank locker, cash

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