Bank Locker: Know these things before putting things in the locker, and don't say you didn't say it afterwards.

Bank Locker: Due to the increasing number of thefts today, many people hire bank lockers to protect their valuables. But you know? Bank is not responsible for any item stolen from your locker. Banks provide compensation only in certain cases. Let us know about the rules for storing your belongings in a bank locker. When you rent a locker from a bank, it's like a landlord-tenant relationship. Just as a landlord is not responsible for a tenant's possessions, the bank is not responsible for the items left in your locker. There is an agreement between you and the bank which states that they will not be liable for any loss in case of natural calamities or other unforeseen events. The bank will try to keep your belongings safe, but they will not be responsible for any possible losses. Also Read: Ambuja Cement: Ambuja brings in Rs 1600 crore investment, now jobs will increase in Bihar, says RBI rules: RBI implements new rules for lockers from January 2022 Thus the banks cannot escape from the responsibility of the items kept in the lockers. In case of any malpractices like theft, fraud, fire or building collapse, the liability of the bank is limited to 100 times the annual rent. Banks should ensure that lockers are secure and notify customers of access via email and SMS. All locker rooms must have CCTV surveillance and footage must be stored for 180 days. If a bank employee messes up and violates security or loses something from a locker, the bank will be held responsible. Also Read: Panchayat: Digital India is a dream come true, many villages in the country have gone digital The post Bank locker: Know these things before putting things in the locker, don't say what you didn't say appeared first on Tamilcnn – Tamil News – Tamil Cinema – Tamil Songs. On Prabhat Khabar.