About Supermarket lockers can store valuables
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6 FAQs about [Supermarket lockers can store valuables]
What can you store in a bank locker?
According to the revised bank locker agreement, you can store valuable items like jewellery and documents. The bank lockers are suitable for safeguarding jewellery, loan documents, property documents, birth or marriage certificates, insurance policies, saving bonds and other confidential items.
Are bank lockers safe?
The banks offer enhanced security measures, like 24x7 surveillance cameras, restricted areas, alarms and more to reduce the risk of damage and theft. Nevertheless, you can use bank lockers for legitimate purposes only. You must follow certain rules set by the Reserve Bank of India (RBI) about bank lockers.
Why do people use bank lockers?
People from different sections and professions use bank lockers to keep their valuable items and belongings, like documents and jewellery, safe and secure. The banks offer enhanced security measures, like 24x7 surveillance cameras, restricted areas, alarms and more to reduce the risk of damage and theft.
Can you store illegal items in a bank locker?
As per thenewRBI bank locker operation rules, customers arenot allowed touse the locker for unlawful purposes orstore any illicit goods, like dangerous materials or illegal items. Here is the list of items allowed and not allowed in bank lockers:
Can you keep cash in a bank locker?
You cannot keep cash in a bank locker as the Reserve Bank of India prohibits storing cash in bank lockers. How much gold can be kept in a bank locker? The Reserve Bank of India does not regulate the amount of gold in a bank locker.
Can you store a POA in a safe deposit box/parcel locker?
POA or Power of Attorney document. Any other thing that although quite valuable, is exclusively disallowed by the bank or locker facility provider for storing in a safe deposit box/parcel locker. No matter how reliable digital locker systems and intelligent lockers may seem, they still carry with them an inherent risk.