Nominated: All banks require the tenant to appoint a person who transmits the contents of the locker in case of loss of the tenant. If the applicant is a minor at the time of the tenant`s death, access is granted to the candidate`s guardian. Non-resident Indians who are part of the bank may also expand this possibility. The lockers can also be rented by the illiterate and the blind. However, the lockers cannot be rented on behalf of minors. If the key to the safe is lost by the tenant, it must be immediately communicated in writing to the branch concerned. In such a case, the safe must be forced and the tenant (in the case of joint tenancy of the two/all) must be physically present in the branch on the day set for the break. There are some of the conditions in the company`s bank locker, in which the tenant is obliged to use the locker. Mentioned below, the step-by-step process to make Locker Bank work in India: You can`t also move your bank back-to-back from one branch to another. You have to abandon it and open another one if you want to move it. Thus, rental fees for public sector banks such as the State Bank of India and the Union Bank of India are between Rs 1,000 and 8,000 including GST, while private banks such as Axis Bank and Karur Vysya Bank 1,500 rs. Rs 22,000, including GST. Citibank charges between RS 2,500 and Rs 48,000.
ICICI Bank has Wealth branches that deal with wealthy individual clients (HNIs) and high-level clients. A locker is more expensive here than in other ICICI bank branches. Bank fees in India are not very high, which means simpaly they are affordable. Before you open a safe, you should look for safes near me, and you should keep going. Renting an automatic safe is not cheap. It usually depends on the size of the safe and the bank you choose. For example, the State Bank of India (SBI) charges $1,500 plus GST per year for a small locker (125x175x492cm) in urban and metropolitan areas, while in rural areas, the same box cost $1,000 plus GST. An extra large box at SBI can cost you up to $9,000 plus GST per year. If you have claims about such bundled investment systems that are insisted on while you request a safe, contact the bank`s customer service department.
If there is no response from the bank within 30 days, you can escalate the complaint to the banking ombudsman. And to solve the problem, The Andhra Bank has a new idea of lockers for the safe preservation of jewelry used in the functions of the molar. The bank would provide lockers for the safe preservation of wedding jewelry or other valuables presented at the wedding. The lockers would be available for the payment of R 200 for the night. All they (customers) should do is inform the banking authorities and fill in the necessary applications.