This is big news for those who have lockers in banks. Have you also got a locker in the State Bank of India (SBI) and Bank of Baroda (BOB)? If you also have your locker in these two banks, then you should also complete the necessary work by 31 December 2023. All banks have been asked by the Reserve Bank of India (RBI) to get their customers to sign the new agreement for bank lockers. If you too have not done this work, then complete it as soon as possible.
If you do not do this, there may be problems in the future. Most banks have prepared a revised bank locker agreement covering customer rights, which all customers are required to sign. Banks are informing customers through bank calls, SMS, and e-mails that they should come to the bank branch and sign the agreement. Stamp papers have also been kept by the banks for the customers so that the customers do not have to go anywhere else.
Customers will just have to come to the bank branch. Customers having lockers have to visit the bank branch and provide their Aadhaar, PAN, and photographs. After this, the stamp paper and bank locker agreement have to be signed.
Know why it is necessary to sign?
The Reserve Bank of India has instructed all the banks to get the bank locker holders to sign a new agreement by 31 December 2023. After this, banks have to upload this information on the Kushal portal.
Most people keep gold, jewelry, and important documents in bank lockers, for the safety of which the customers need to sign a new agreement.
New instructions related to bank safety deposit locker were issued by RBI on August 18, 2021. Under this, banks had to sign a new agreement with the existing locker holders by January 1, 2023, but the central bank later extended the date.
(PC: iStock)
