Neha Nagar Instagram – As per RBI regulations, if valuables kept in a bank locker are lost due to theft, robbery, fire, building collapse, or fraud by a bank employee, the bank’s maximum liability is limited to 100× the annual locker rent.
🔸 Important: However, if the loss occurs due to natural calamities like earthquakes or floods, the bank is not liable to pay anything.
⚠️ What can you do to stay protected ?
✅ Ensure the value of items in your locker doesn’t exceed 100× the annual rent
✅ Take personal insurance for high-value items
✅ Enable SMS/email alerts for locker access
✅ Keep and understand your locker agreement
bank locker, RBI rules, gold theft, locker insurance, personal finance, safety tips | Posted on 17/Feb/2026 19:37:02
