New Bank locker rules 2023

A new bank locker rule has come into effect from January 1, 2023, according to a Reserve Bank of India (RBI) notification. Over the past few days, many lenders have sent text messages to customers to renew their safe deposit locker agreements. As part of this, existing locker depositors were required to furnish proof of eligibility for a renewed locker arrangement. Additionally, they were required to sign a renewal agreement by December 31, 2022.

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