| Safe Deposit Lockers The facility of Safe Deposit Lockers is an
ancillary service offered by the Bank. The Bank's branches offering this facility will
indicate/display this information.
The major aspects governing the services are :
- A locker may be hired by an individual (not minor), firms, limited companies, specified
associations and societies, etc.
- Nomination facility is available to individual hirer of Safe Deposit Locker.
- Loss of key should immediately be informed to the Branch.
- Lockers are available in different sizes.
- Lockers are rented out for a minimum period of one year. Rent is payable in advance. In
case of overdue rent, the Bank will charge penalty as decided from time to time.
- With standing instruction, the rent may be paid fromihe deposit account of the hirer.
- The Bank will hire locker only to properly introduced persons.
- The Bank reserves right to break open the locker if the rent is not paid inspite of
giving notices as per the Bank rules and recover charges thereof.
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