NEWS & ADVICE : FIXED DEPOSITS
Renting a bank locker is not cheap
By Neelima Shankar
Oct 25, 2013
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It won't come as an amaze if individuals soon begin storing resources and valuable things under their mattress in place of leasing a locker in their locality banks. There are a few dissentions how these banks are exploiting the flying interest for lockers to drive clients to invest lakhs of rupees for a not too bad measured locker.

Standing out are none other than banks which are nationalized, which have just about made it mandatory for any client looking for a locker, to put resources into settled stores and open a record, in violation of the Reserve Bank of India ( Rbi) standards. The lockers are for the most part classified as little, medium, substantial and additional vast and their twelve-month lease goes between Rs.1500 to Rs.15,000.

Numerous inhabitants in the city imparted their frightening knowledge of not having the capacity to lease a locker with their local banks.


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