The Reserve Bank of India issues revised guidelines for hiring of locker facility provided by banks
Taking into consideration the various developments in the area of banking & technology, nature of consumer grievances & feedback received from banks, RBI has issued revised guidelines for locker/safe custody facility. It is now mandatory for banks to maintain a branch-wise list of vacant lockers as well as a wait-list for the allotment of lockers.
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The new guidelines will be effective from 1st January 2022.