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Yaawar Khan   01 June 2018

bank locker

my dad had a joint account with my uncle in SBI bank locker
for one year
and all the things that is kept in locker belongs to my dad
now he wants to open the locker. but my uncle had a key and he is refusing to provide it nor he is coming to bank. what should my dad do now?


Learning

 4 Replies

vir sen jain (authorised signatory)     01 June 2018

The locker can be opened with the key, if he goes to the bank andsays that the key has been lost, a duplicae key may be obtained provided the locker is operated by eeither or survivour. the best course is to persue the uncle.

Yaawar Khan   01 June 2018

my uncle had a key and now we came to our notice that he had removed the stuff from the locker without informing us.
what should we do now
all that belonging is of my dad

Kumar Doab (FIN)     03 June 2018

The Bank must have kept the locker operation rules in branch and on website …

The RBI guidelines are followed by banks e.g;

https://www.rbi.org.in/scriptts/NotificationUser.aspx?Id=3422&Mode=0

If the mandate is Joint Operation then what is the opinion of bank/banker/BM given to you!

Hope you father has irrefutable evidence of ownership of all items placed in locker and notices/communications given to other locker hirer so far.

Kumar Doab (FIN)     03 June 2018

If locker operation was not joint band one of the hirers has operated the lcoker in accordance with mandate signed jointly then what is fault of bank/banker!


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