How do I get a duplicate key of bank locker?

There is no duplicate key of a bank locker as such. The bank has to call the supplier of the locker (i.e. the company that has supplied the lockers to the banker) and the supplier provides the duplicate key. This may entail a cost of about Rs. 3000 per key.

What if SBI locker key is lost?

If you lose or misplace the locker keys, the bank will replace it but it’ll come at a hefty cost. Banks usually charge up to ₹3,000, including service fees and charges involved in breaking open the locker and replacing the lock.

Can we remove bank locker key without locking it?

Next time when you want to open it, you will have to put both keys (the key cannot be taken out while the lock is open, which is for our safety only.

Is bank liable for any loss of locker?

Banks cannot disown liability for loss of locker contents due to theft or due to fraud by its employees, the Reserve Bank of India (RBI) in a notification issued on August 18, 2021. RBI has said that the bank would not be liable for loss of/damage to locker contents due to natural calamities or customer negligence.

What happens if you lose your safety deposit box key?

Safe deposit boxes are protected by two keys: one that the bank gives you and another guard key that the bank keeps. Without these two keys available, the box cannot be opened. Losing your personal key will cost you both time and money, as the bank will have to arrange for a locksmith to drill the lock.

How does bank locker key work?

Bank locker operates with two keys – one kept with the bank and other given to you. Both the keys are required to open the locker and access your valuables.

Is it safe to put gold in bank locker?

Bank lockers are considered to be the safest place to store valuable jewellery, important documents, certificates or the things precious to you. Both the public and private sector banks offer locker facility to individuals for annual charges of Rs1,000 to Rs10,000 depending upon the size you opt for.

Do banks provide a replacement of duplicate key of lockers?

Bankers do provide a replacement of duplicate key of lockers in case the same is misplaced or lost. There is no duplicate key of a bank locker as such. The bank has to call the supplier of the locker (i.e. the company that has supplied the lockers to the banker) and the supplier provides the duplicate key.

What to do in the case of lost locker keys?

In the case of locker keys reported lost by the hirer, a written declaration shall be obtained from him/her. The bank shall obtain from the manufacturing company a fresh set of lock and key.

What happens if I lose my locker key in SBI Bank?

If the key of the locker, supplied by the Bank be lost by the hirer (s), the Branch should be noticed without delay. All charges for opening the locker, replacing the lost key and of changing the lock, shall be payable by the Hirer. From SBI Bank website

What is the service charge in case of loss of lockers?

In case of loss of key of the lockers, a service charge of Rs.509/- has to be recovered from hirer in addition to the actual expenditure incurred in breaking open the locker and changing of key by manufacturer of lockers.** In the case of locker keys reported lost by the hirer, a written declaration shall be obtained from him/her.