If you keep your valuable jewellery and necessary documents etc. in the bank locker, then read this news first. In fact, most of the banks offer locker facilities to their customers. However, a few days ago, the Central Bank of India (Rbi) has changed the necessary rules related to bank lockers in January 2022. The RBI has announced to give more compensation to the customers on the loss in the bank locker in case of theft, robbery or fire in the bank. It is being said that this compensation will be up to 100 times the locker fee paid to the bank annually.

Yes and that means that if someone has paid the locker fee of Rs 2,000 a year, the bank may have to pay them a compensation of up to Rs 2 lakh in case of theft, robbery, etc. The RBI has implemented these new rules after a Supreme Court order in which the court had said that it should be the responsibility of the banks to take good care of the security of people's goods. In fact, the recently issued new rule has been implemented by the banks since January this year.

Yes, and the banks have started entering into agreements with the customers under this new rule. According to the new rule of the Reserve Bank of India, if a customer does not come to open his bank's locker for seven years but continues to deposit the locker fee, then in such a situation, the bank can break his locker and take out his luggage and keep it aside. Later, the goods will be returned when the customer arrives.  

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