|
|
 |
 |
 |
|
This facility is not offered through all Bank branches and wherever the
facility is offered, allotment of Safe Deposit vault will be subject to
availability and compliance with other terms and conditions attached to
the service. Safe Deposit Lockers may be hired by an individual (being not
a minor) singly or jointly with another individual(s), HUFs, firms, limited
companies, associates, societies, trusts, etc. Nomination facility is available
to individual(s) holding the lockers singly or jointly. In respect of lockers
held in joint names, up to two nominees can be appointed. Joint locker holders
can give mandate for access to the lockers in the event of death of one
of the holders on the lines similar to those for deposit accounts. In the
absence of nomination or mandate for disposal of contents of lockers, with
a view to avoid hardship to common persons, the Bank will release the contents
of locker to the legal heirs against indemnity on the lines as applicable
to deposit accounts.
|
|
|
|
|
|
