Bank Locker Alert! Is the gold in the bank? This 1 mistake can prove costly. Gold Safety Rules In Bank Locker Compensation Limit Rbi Guidelines
Sanjeev Kumar | January 27, 2026 10:23 PM CST
How to keep gold safe?
1. Be sure to take gold jewelery insurance. General insurance companies provide it, which covers theft, fire, flood etc. Gold kept in the locker is also covered.
2. Home Insurance Plus Jewelery Add-on. This covers the gold even if it is kept at home or in a bank locker or worn at a wedding. This is the safest method.
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