Who all can avail bank locker facilities? Explain in brief.

1.	Who all can avail bank locker facilities? Explain in brief.
Answer» Persons who can avail Bank locker facilities: Locker facility is provided by the bank at its select branches. For obtaining a locker at the bank, you must be an account holder with the bank a) Lockers can be allotted both individually (except minor) as well as jointly. b) The lockers are allotted on first come first served basis to the customers only. c) At the time of hiring the locker, bank will obtain a minimum-security deposit in the form of a Fixed Deposit Receipt (FDR) from the lessee for the amount which would be sufficient to cover 3 years rent and the charges for breaking open the locker in case of such eventualities. d) The Security Deposit will be kept under Bank's lien in respect of rentals and other dues on locker services. e) An acknowledgement will be issued by the bank for fixed deposit to be kept as security deposit.

Answer»

Persons who can avail Bank locker facilities: Locker facility is provided by the bank at its select branches. For obtaining a locker at the bank, you must be an account holder with the bank

a) Lockers can be allotted both individually (except minor) as well as jointly.

b) The lockers are allotted on first come first served basis to the customers only.

c) At the time of hiring the locker, bank will obtain a minimum-security deposit in the form of a Fixed Deposit Receipt (FDR) from the lessee for the amount which would be sufficient to cover 3 years rent and the charges for breaking open the locker in case of such eventualities.

d) The Security Deposit will be kept under Bank's lien in respect of rentals and other dues on locker services.

e) An acknowledgement will be issued by the bank for fixed deposit to be kept as security deposit.

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