Bank Locker Rules

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Bank Locker Rules

Bank lockers are meant for storing legitimate items such as jewelry, important documents, birth certificates, insurance policies, and other valuables Bank lockers are meant for storing legitimate items such as jewelry, important documents, birth certificates, insurance policies, and other valuables

Bank Locker Rules

iI is not permissible to store cash, arms, explosives, drugs, perishable items, or any material that could potentially pose a threat or inconvenience to the bank or its customers. iI is not permissible to store cash, arms, explosives, drugs, perishable items, or any material that could potentially pose a threat or inconvenience to the bank or its customers.

Bank Locker Rules

To ensure the safety of items in a bank locker, it is recommended to use airtight plastic bags or pouches for papers and documents to protect them from humidity. To ensure the safety of items in a bank locker, it is recommended to use airtight plastic bags or pouches for papers and documents to protect them from humidity.

Bank Locker Rules

Similarly, jewelry and metal-based articles should be stored in containers that fit within the locker. Similarly, jewelry and metal-based articles should be stored in containers that fit within the locker.

Bank Locker Rules

It's important to note that the bank does not provide these storage items. It's important to note that the bank does not provide these storage items.

Bank Locker Rules

Banks are held responsible for any losses that occur due to their own negligence, employee fraud, or any acts of omission or commission. Banks are held responsible for any losses that occur due to their own negligence, employee fraud, or any acts of omission or commission.

Bank Locker Rules

In such cases, the bank's liability is limited to one hundred times the current annual rent of the safe deposit box. In such cases, the bank's liability is limited to one hundred times the current annual rent of the safe deposit box.

Bank Locker Rules

For instance, if the locker rent is Rs 2000 per annum, the bank's compensation is limited to Rs 200,000, as per SBI's policy. For instance, if the locker rent is Rs 2000 per annum, the bank's compensation is limited to Rs 200,000, as per SBI's policy.