Lost your Bank Locker Key? Here’s what you need to know to get a New One Safely

New Delhi :

Millions of individuals across the country utilize bank lockers to safeguard their valuable jewellry and important documents. However, losing the bank locker key can be a cause for concern.

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Replacing a Lost Bank Locker Key

To open a bank locker, customers are provided with two keys – one kept by the bank and the other given to the customer. The locker can only be accessed when both keys are used simultaneously.

But what if you misplace your key? Read on to learn about the necessary measures to retrieve a new one.

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1) Do a FIR with local police

In the unfortunate event of losing your bank locker key, the first course of action is to file a complaint with the local police, similar to reporting a lost SIM card. This complaint is essential to proceed further with the replacement process.

2) Informing the Bank about lost key

Once you have filed a complaint with the police, you need to inform your bank about the lost key. Present your locker details, police FIR copy, and a formal application to the bank. The bank will then facilitate the issuance of a new key, although a charge for this service will apply.

3) Pay the Cost of Key Replacement

It’s crucial to be aware that obtaining a new bank locker key involves additional expenses. Customers have two options – either pay for a replacement key or opt to break the locker and transfer its contents to another one. However, the latter option comes with its own costs, including a fee of Rs 1,000 plus GST.

Tips for Preventing Key Loss

To avoid the hassle and expenses of replacing a lost bank locker key, it is imperative to take precautions to safeguard your keys diligently.

Be sure to keep them in a secure and easily accessible place, reducing the risk of misplacement.

By following the necessary steps and exercising caution, you can ensure the security of your bank locker and its contents while avoiding unnecessary charges and inconveniences associated with key loss.

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