Bank locker safety is not absolute. Here's how costs, RBI rules and liability caps work before you store jewellery and key ...

A locker feels like the safest place in the world for your valuables, but there are rules, costs and limits most people don’t fully understand.

Under Reserve Bank of India (RBI) guidelines, the responsibility of the bank is limited — and in many cases, the loss is borne by the customer.

With gold prices at a record high, many Indian households assume that jewellery stored in bank lockers is fully protected.

If you lose your bank locker key, there's no need to panic. According to RBI rules, there's a defined break-open procedure.

Upon loss of the key, the locker-hirer is obliged to immediately inform the bank, whereupon the bank is entitled to follow a ...

Many people consider a bank locker to be the safest place to store their gold jewellery and other valuables. By paying an ...