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Sayed Maqsood Ahmed   02 December 2023

banking locker rules

respected learned advocates

my wife has a locker account in the Bank of baroda. she wants to add me as a joint holder of the locker account.

the bank is insisting that I open a saving account in their bank to add me as a joint locker accounts holder. otherwise, it's not possible to add me in the locker account as a joint holder.

please confirm if it's true

kind regards


 1 Replies

T. Kalaiselvan, Advocate (Advocate)     03 December 2023

Suppose you are an existing locker licensee and would like to add another person as a joint licensee. In that case, that person needs to be an existing customer of the bank (with a savings account, current account, or fixed deposit) and must submit their full KYC documents along with one recent photograph.

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