SBI, HDFC, Bank of Baroda and ICICI Bank customers cannot keep these items in their locker – Details
informalnewz | November 19, 2024 9:19 AM CST
Bank lockers Rules: Bank lockers provide a safe and secure way to store valuable items. However, not all items are permitted inside them. State Bank of India ( SBI), Bank of Baroda ( BoB), HDFC Bank, ICICI Bank, and Canara Bank, among other lenders, offer different lockers categorised based on their sizes. This helps you select the one that perfectly caters to your needs, saving you from paying additional charges.
Items that can be stored in bank lockers
- For protection, jewellery made of gold, silver, diamonds, and other precious metals, coins, and bullion (gold and silver bars) are frequently kept in lockers.
- Legal documents include adoption paperwork, power of attorney documents, wills, and property deeds.
- Documents about mutual funds, bonds, share certificates, taxes, and insurance policies are examples of financial records.
Items that cannot be stored in bank locker: Common restrictions across all banks
- Possessing weapons, explosives, drugs, or any other type of contraband is strictly forbidden.
- Food and other items that may deteriorate or spoil over time are prohibited.
- It is forbidden to bring anything corrosive, radioactive, or otherwise harmful.
- Since cash is not considered a secure or insurable object, most banks do not permit storage.
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