SBI: If you are also a customer of SBI Bank then there is a big news for you. State Bank of India (SBI) is the largest government bank of India with crores of customers in the country. If you also have a bank locker in SBI, then you should complete this work before 31st December. The Reserve Bank of India (RBI) has asked all banks to get their bank locker customers to sign the new agreement. This work must be completed by December 31st. If you also have a bank locker in SBI and you have not yet signed the new agreement, then you must be getting a call from the bank.

SBI customers should complete their work till 31st December

According to SBI, the bank has issued a revised bank locker contract incorporating the rights of the customer. Now customers will have to sign this new agreement. SBI Bank is asking its customers to visit the bank through phone, SMS and email. If you also have a bank locker in any branch of SBI Bank, then go there and sign your new bank locker agreement. Otherwise you may face problems later.

All banks have to complete this work by 31st December

RBI has ordered all banks to get the agreement signed by their customers by September 31. All banks have been directed to provide necessary information to their customers as well as update the status of their locker agreements on the efficient portal of RBI.

These are the charges i.e. rent of SBI bank locker.

SBI customers in urban or metro cities will have to pay Rs 2,000 plus GST for a small locker. In small towns or rural areas, the charge for a small locker will be Rs 1,500 excluding GST. In urban or metro cities, a medium-sized locker will cost Rs 4,000 plus GST. A medium-sized locker in small towns or rural areas will cost Rs 3,000 including GST. Customers opting for larger size lockers in major metro cities will have to pay Rs 8,000 plus GST. In small towns and rural areas, the fee for a larger size locker will be Rs 6,000 plus GST. For the largest locker in major cities or metro areas, SBI will charge Rs 12,000 plus GST. In small towns and rural areas, the charge for the largest locker will be Rs 9,000 plus GST.

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The c(RBI) has asked all banks to get their customers to sign the new bank locker agreement. The bank has to complete this work by 30 September. If you also have a bank locker in any branch of SBI Bank, then go there and sign your new bank locker agreement. Otherwise you may have problems later.

SBI instructed its customers to complete this work by 30th September.

According to SBI, the bank has issued a revised bank locker contract incorporating the rights of the customer. This new bank locker contract is required to be signed by the customers taking the locker. The bank is also asking its customers to know the bank through SMS and email. He must go to the branch where he has a bank locker and sign his new agreement.

All banks have to complete this work by 31st December

RBI has ordered all banks to sign the new agreement by at least 50 percent of the locker holders by June 30. Banks across the country must get 75 percent of their customers signed on to the agreement by September 30 and reach 100 percent. This work has to be completed by December 31 this year. All banks have been directed to provide necessary information to their customers as well as update the status of their locker agreements on the efficient portal of RBI.

These are the charges of SBI bank locker i.e. rent

SBI customers in urban or metro cities will have to pay Rs 2,000 plus GST for the small locker.

In small towns or rural areas, the charge for a small locker will be Rs 1,500 plus GST.

– In urban or metro cities, a medium-sized locker will cost Rs 4,000 plus GST.

– In small towns or rural areas, the charge for a medium sized locker will be Rs 3,000 including GST.

– Customers who choose larger size lockers in major metro cities will have to pay Rs 8,000 plus GST.

In small towns and rural areas, the fee for a larger size locker will be Rs 6,000 plus GST.

– SBI will charge Rs 12,000 plus GST for the largest locker in major cities or metro areas.

– In small towns and rural areas, the charge for the largest locker will be Rs 9,000 plus GST.

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