Lockers

Rent-based digital lockers now available at 50 Delhi Metro stations

Going for a movie or an interview and want to safely keep your handbag or cameras for few hours at some place, well, Delhi Metro commuters can do that now by renting digital lockers at 50 of its stations through a new mobile app launched on Wednesday. Delhi Metro is the first mass rapid transit system in the country to introduce such unique facilities for commuters, officials said. The app -- 'Momentum 2.0' -- also allows commuters to do online purchasing from listed e-commerce companies through 'virtual stores' located at 20 metro stations, send a courier via a smart box (digi-locker) and buy QR code-based tickets. The cutting-edge mobile application which seeks to enhance experience of metro riders beyond travelling has taken a year-and-a-half in the making, and the Delhi Metro Rail Corporation (DMRC) plans to expand the 'virtual stores' and 'digi-lockers' facilities to majority of its stations by June 2024. Delhi Metro's network span 393 kilometres with 288 stations, including t

How will the Reserve Bank of India's new locker norms impact you?

New locker rules: Now, the relationship between a bank and a customer has become that of a lessor and a lessee

Banks get time till Dec end to renew safe deposit locker agreements

RBI has asked them to complete work in phases with intermediate milestones of 50% by June 30, 75% by Sept 30

Banks get time till Dec 31 to execute revised agreement with locker holders

The RBI on Monday extended the time till December-end for banks to enter into revised agreements with safe deposit locker holders as a large number of customers are yet to do so. In August, 2021 the Reserve Bank of India (RBI) had asked banks to enter into revised agreements with the existing locker holders by January 1, 2023 in view of various developments in the area of banking and technology, nature of consumer grievances and also the feedback received. "However, it has come to the notice of RBI that a large number of customers are yet to sign the revised agreement. "In many cases, the banks are yet to inform the customers about the need to do so before the stipulated date (January 1, 2023)," the central bank said in a statement while extending the deadline for banks to complete the process of renewal of agreements for the existing safe deposit lockers in a phased manner by December 31, 2023. Banks have been asked to notify all their customers of the revised requirements by Apr

Contact the bank if you have not signed the new locker agreement

While new rules enhance banks' accountability, buying locker insurance is added protection

Bank Locker Rules: Here's everything you should know to protect your assets

The Reserve Bank of India regularly updates rules for improving the safety and convenience of the bank customers. These are the Bank locker rules that everyone should know.

Govt allots Rs 2,516 cr for computerisation of primary agri co-op societies

The model bylaws will enable PACS to offer economic activities other than credit which includes developing cold-storage facilities in villages, running PDS shops and locker facilities for depositors

Read this before going for private locker service

They offer convenience for slightly higher rental than banks