What you need to do

What you need to do

The deadline to sign a revised agreement for safe deposit locker holders is December 31, 2023. The Reserve Bank of India (RBI) has asked banks to sign an updated agreement with bank locker holders.  The RBI initially mandated banks to update safe deposit locker agreements with customers by January 1, 2023. However, due to a large number of customers not complying and facing difficulties, the RBI extended the deadline to December 31, 2023. Click here to follow our WhatsApp channel “It has come to the notice of the Reserve Bank that a large number of customers are yet to execute the revised agreement and are facing difficulties in doing the same. In many cases, the banks are yet to…
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Source: https://www.business-standard.com/amp/finance/personal-finance/bank-locker-agreement-renewal-deadline-on-dec-31-what-you-need-to-do-123121400552_1.html