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https://www.businesstoday.in/moneytoday/banking/jewellery-safeguard-insurance-policy-or-bank-locker/story/186471.html
For instance, a 5 x 6 x 21 inches small locker at Canara Bank will cost Rs 700 annually, but if you want a bigger locker (16 x 20 x 21 inches) you will have to shell out Rs 3,500 annually.
https://www.timesnownews.com/business-economy/personal-finance/insurance/article/kept-jewellery-in-bank-locker-know-whether-you-should-insure-it/519438
Nov 26, 2019 · New Delhi: A lot of people in India nowadays, keep their gold and valuable items in bank lockers thinking it is safer to keep there than at home or any other place.The most common belief is that the possibility of theft is much lower in the case of banks compared to a house. However, did you know that banks bear no responsibility for the items kept in the locker since they are not aware of the ...
https://www.zeebiz.com/personal-finance/news-should-you-opt-for-bank-lockers-know-how-your-jewelry-papers-money-are-kept-in-banks-and-what-sbi-hdfc-bank-axis-bank-bob-charge-87132
Feb 22, 2019 · The bank is the owner of a locker, you are a renter here and hence, you have to pay them the charges on specified time. If you fail to do so, well banks are in the position to break-open your locker. Generally, a bank can break-open the lockers within six months from the date rent became overdue and by sending due notices as per bank’s norms.
https://www.moneychai.com/bank-locker-rules-and-regulations-charges-rbi-guidelines.html
Jul 03, 2018 · Bank locker is another ancillary product/service that banks provide to us. I always had a craze of accompanying my parents to the locker, where they would keep the important jewellery and documents, and there would be a heavy metal door with curtains. But I had yet to get a locker for myself, and I did not know anything about it. So I decided to ask my friend Shivani, who is a banker by ...
https://www.quora.com/Is-it-safe-to-keep-jewels-in-an-SBI-safe-deposit-locker
Aug 22, 2018 · Yes, But as per the RBI guidelines, in case of any theft or damage the bank is liable to pay only Rs.1 Lakh, no matter what is the value f your goods.
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