Bank lockers Rules: SBI, HDFC, BOB and ICICI Bank customers cannot keep these items in their bank lockers, check the complete list

Jyoti — Tue, 19 Nov 2024 07:29:14 +0000

Bank lockers Rules : Bank locker is a good way to keep your valuables safe. You can keep your valuables safe in it, but not everything is allowed in it. Many banks like State Bank of India (SBI), Bank of Baroda (BoB), HDFC Bank, ICICI Bank and Canara Bank provide lockers of different sizes, so that you can choose the right option according to your need. Do you know what you can keep in your bank locker and what you cannot?

What can be kept in a bank locker?

Jewellery and precious metals:
Jewellery made of gold, silver, diamonds and other precious metals.
Gold and silver coins or bullion (bricks).

Legal documents:

Will, property papers, adoption related documents.
Power of Attorney and other important documents.

Financial documents:

Documents related to mutual funds, share certificates, tax receipts and insurance policies.

What cannot be kept in a bank locker?

Illegal items:

Weapons, explosives, drugs or other illegal items.

Perishable items:

Food and drinks that can spoil or rot over time.

Harmful Ingredients:

Any radioactive, corrosive or dangerous goods.

Cash amount:

Most of the banks do not consider cash as safe and insured, hence keeping it in the locker is not allowed.

Things to keep in mind while using a bank locker

You are responsible for the things kept in the bank locker.
Choose a locker as per your requirement with the correct information.
Always follow the bank’s guidelines while using the locker.
Make a list of every item and keep the important documents safely.
By using the bank locker properly, you can keep your valuables safe and avoid unnecessary expenses.

The post Bank lockers Rules: SBI, HDFC, BOB and ICICI Bank customers cannot keep these items in their bank lockers, check the complete list first appeared on Rightsofemployees.com.

UPI Payment New Limit: New Update..! SBI, HDFC, BoB and ICICI bank customers transfer only this much money, check limit immediately

Pravesh Maurya — Wed, 10 May 2023 16:05:27 +0000

If you also use UPI Payment, then there is big news for you. In today’s time, transacting money through UPI has become very common. If we want to transfer even 10 rupees, then we use UPI for that, but in the midst of all this, do you know how many rupees you can transfer in a day.

The limit of all banks is different-

Let us tell you that this limit is different for the customers of all the banks. All bank customers including SBI, ICICI Bank and HDFC get different limits, through which you can transact money.

Let’s check which bank’s UPI Limit –

If you are an SBI customer, you can do a transaction of Rs 1 lakh through UPI in a day.
HDFC Bank customers can also do transactions up to Rs 1 lakh, but for new customers this limit is only Rs 5000.
ICICI Bank customers can do UPI transactions up to Rs 10,000, but for Google Pay users this limit is Rs 25,000.
Bank of Baroda customers can do transactions up to Rs 25,000.
Apart from this, Axis Bank customers can do transactions up to Rs 1 lakh.

RBI is making this plan-

Let us tell you that now RBI is making a new plan regarding UPI payment. The National Payments Corporation of India (NPCI) is preparing to limit the volume cap of the country’s Third Party App Providers (TPAP) to 30 percent. Talks are going on with the Reserve Bank of India in this regard.

Only after the approval of RBI, companies like Phone Pay, Google Pay and Paytm will be able to fix its limit, due to which customers may have to face problems in the beginning. However, how much limit will be imposed on this is not yet decided.