SAFE DEPOSIT LOCKER
A safe deposit locker is a rented locker that a bank offers you to store your valuables. This could be jewellery, gemstones, financial or legal papers, insurance policies, identity proof, such as a passport, and other similar items of high value. You can rent a locker for as long as you want for a certain fee. The key to the locker remains with you, and you can access your items whenever you need them after informing the bank.
Important things you need to know about safe deposit lockers
- Operate your locker once a year
- Bank lockers are very safe
- You can choose the locker size as per your preference
- It is recommended safe deposit lockers have nominees
- You need to have an account with the bank to open a locker
Features of Safe Deposit Locker
- Safe Deposit Locker facility is one of the ancillary services provided by the Company to its customers.
- Lockers Branches are equipped with high-security features and specially built strong rooms.
- Wide availability of lockers in various sizes and at various locations.
- Hassle-free payment options through your Roxyment India Account.
- Extended office hours for accessing lockers.
- Nomination facility available
- Nomination on safe-deposit lockers enables Roxyment India to release the contents to the nominee of the person hiring in the event of their death. If a locker is held jointly, and one of the people hiring dies, the contents can only be removed jointly by the nominee(s) and the survivors.
- The nomination facility is available to anyone hiring a locker.
- For those hiring on an individual basis; nomination can be made in favor of one individual
- For those hiring jointly by more than one hirer: more than one nominee can be made. In such scenario no. of nominees are restricted to the no. of joint hirers.
- Unpaid locker rentals are recovered from the nominee
- If the hirer is major and the nominee is minor, the nomination will be made by someone lawfully entitled to act on behalf of the minor.
FAQ (Frequently Asked Questions)
You will need to fill up the following forms and submit it to your locker branch.
The forms are available in the Forms center section of our website.
– For addition of a nominee: Form SL1 (sole hirer) / SL1A (joint hirer)
– For cancellation of nomination: Form SL2
– For change of nomination: Form SL3 (sole hirer) / SL3A (joint hirer)
You can plan your visit and access your locker on all working days during office hours.
Yes, you can set a Standing Instruction in your Account to pay your annual locker
rent.
Yes, a nomination facility is available to Individuals /Joint hirers of Safe Deposit Lockers.
A nomination can be made in favor s of only one individual.
Lockers can be hired by individuals, limited companies, associations, trusts and should be above 18 years old.
Features of Safe Deposit Locker
| Location | Metro | Urban | Semi -Urban | Rural |
|---|---|---|---|---|
| Extra Small | 1350 | 1100 | 1100 | 550 |
| Small | 2200 | 1650 | 1200 | 850 |
| Medium | 4000 | 3000 | 1550 | 1250 |
| Extra Medium | 4400 | 3300 | 1750 | 1500 |
| Large | 10000 | 7000 | 4000 | 3300 |
| Extra Large | 20000 | 15000 | 11000 | 9000 |