How can I write a letter to bank manager to close bank locker?

How can I write a letter to bank manager to close bank locker?

Dear Sir/ Madam, I have a savings account in your bank and the account no. is (write your account no). Also, I am holding a safe deposit locker facility in your bank and the locker no is (write your locker number). I’m requesting a locker facility as I don’t need it anymore.

How do you open a bank locker?

Typically banks ask for collateral in the form of deposits that cover a rent of up to three years. A locker can be held by more than one person. On the death of one of the holders, the nominee and other holders get access to the contents of the locker on submission of necessary documents.

How do I write a letter to remove a name from a bank locker?

This is to inform you that I am a Safe Deposit Locker (No. xxxx) holder in your bank. I want to remove the name of my wife as she expired last month. Kindly add my daughter mention name and relation with you) as my new joint lessee to operate the locker henceforth (either of us solely or jointly/ survivor of us.

What is the procedure to close locker in bank?

If one wishes to close the locker, he/she can apply to surrender it. The customer needs to empty the locker and return the key to the bank. The agreement stands terminated and the locker rental collected at the beginning of the year is refunded to the customer.

How do you close a bank locker?

Closing a bank safe deposit locker The locker can be surrendered by the hirer(s) at any time during the contract period. They will have to surrender it if they want to change the location of their locker from one branch to another or shift from the bank with which they have the locker.

How does bank locker work?

Both the public and private sector banks offers bank lockers safety facility to individuals for annual charges of Rs. 1,000 to Rs. Bank locker operates with two keys – one kept with the bank and other given to you. Both the keys are required to open the locker and access your valuables.

What is the rule of bank locker?

“The bank shall not be liable for any damage and/or loss of contents of locker arising from natural calamities or Acts of God like earthquake, floods, lightning, and thunderstorm, or any act that is attributable to the sole fault or negligence of the customer,” it said.

Which stamp paper is required for bank locker?

A signature verification process has to be carried out before opening a bank locker along with the submission of regular documents. An indemnity agreement has to be signed on a stamp paper of Rs100/110.

How do I write a letter to the bank manager to change the name of the account holder?

Dar Sir, I have to inform you that I have got my name changed from my old name to my new name and I request you to incorporate it in my bank account. A copy of official registration and notification of my name changed is enclosed for your reference and further necessary action at your end.

Can you put cash in locker?

There is no bar on keeping cash in bank lockers but it may attract investigation by the income tax department. Otherwise, the cash maintained should be consistent with the earning capacity of the taxpayer.

Is it safe to keep Jewellery in bank locker?

Bank lockers are considered to be the safest place to store valuable jewellery, important documents, certificates or the things precious to you.

How do I get a locker in a bank?

If you wish to have a bank locker then you must write a letter to bank manager for locker facility requesting him to issue you a locker at the bank. It is quite a simple procedure and all you need is a request letter for a new locker.

What happens if I change the address of my locker?

In case there is a change of the address as given in your application, you must right away inform the Bank branch where you are maintaining the locker. It is advisable to use the nomination facility for lockers, which is separate from the nomination facility provided for your savings/current account.

What is safe deposit locker in a bank?

The facility of renting a safe deposit locker is a service which the Bank provides at specific branches. The lockers are under secure monitoring, kept inside specially built strong rooms at branches.

Can I rent a safe deposit locker in a bank in India?

This article provides a sample letter to bank for renting a safe deposit locker in a bank in India in case the bank does not have an official form for it. You can also know the approximate annual locker rental fees at SBI and important details about terms & conditions of operating a bank safe deposit locker in India.