Looking for a secure way to safeguard your valuables and important documents? Look no further than Unity Small Finance Bank’s locker services. These lockers are available in various convenient sizes, providing you with the flexibility and ease you need for your storage needs.
Safe Deposit Lockers are a valuable service provided by Unity Small Finance Bank Ltd (USFB) to ensure the secure storage of valuable items and documents. Unity Small Finance Bank locker charges ranging from Rs 1000/- to Rs 12500/- Unity Small Finance Bank Locker Services: A Secure Solution for Your Valuables.
UNITY SMALL FINANCE BANK LOCKER FEATURES
Convenient Sizes:
Choose the perfect size for your needs from our range of small, medium, and large lockers. Whether it’s small valuables or larger items, we have the right size to accommodate your requirements.
Flexible Operating Hours:
Worried about fitting locker visits into your schedule? With extended banking hours for locker operations, you can access your locker at a time that suits you. Your convenience is our priority.
Hassle-Free Payment:
Paying for your locker has never been easier. We offer direct debit options, ensuring that your locker rent is seamlessly deducted from your bank account. No more worrying about missing payments or due dates.
Multiple Access Options:
Need to grant access to someone else? With our multiple access feature, you can add or remove individuals who can operate the locker on your behalf. It’s all about providing you with control and flexibility.
Safety and Security:
Your peace of mind is our top concern. Our lockers come with dual key security, ensuring that your belongings are doubly protected. Plus, our branches are equipped with advanced security features, adding an extra layer of safety to your valuable items.
When it comes to the security of your valuables, Unity Small Finance Bank’s locker services offer the perfect combination of convenience, flexibility, and peace of mind. Choose us for a secure storage solution that meets your needs.
STANDARD OPERATING PROCEDURES FOR SAFE DEPOSIT LOCKERS AT UNITY SMALL FINANCE BANK
LOCKER ALLOTMENT
i. Lockers come in three sizes: large, medium, and small, with rent based on size.
ii. Lockers can be allotted to individuals, firms, societies, companies, HUFs, and more.
iii. If no lockers are available, customers are waitlisted based on a first-come, first-serve basis.
CUSTOMER DUE DILIGENCE
i. KYC completion is required before locker allotment.
ii. A signed agreement is necessary for locker allotment, outlining details and mode of operation.
iii. Due diligence is performed regardless of existing banking relationships.
NOMINATION FACILITY FOR LOCKERS
i. Nominees can be assigned for safe deposit lockers as per regulations.
ii. Nomination forms must be signed by all hirers and submitted for changes.
iii. Nomination isn’t allowed for entities like corporate bodies, firms, trusts, etc.
LOCKER OPERATION
i. Locker access is limited to banking hours.
ii. The locker must be opened using the bank-provided key and according to the chosen mode of operation.
iii. An access slip should be filled out during locker operation.
iv. Only one locker can be operated at a time.
v. After use, a confirmation email/SMS is sent to customers.
COLLECTION OF LOCKER RENT
i. Locker rent is collected in advance for the whole year.
ii. Rent can be paid from an active account with USFB.
iii. Security deposit and rent details are specified in the bank’s Locker Policy.
ADDITION OF HIRERS
i. Adding hirers requires a signed request letter from all existing hirers.
ii. New hirers must submit KYC and sign a new agreement.
iii. Stamp duty must be paid as per State Stamp Act.
DELETION OF HIRERS
i. A request letter signed by all hirers is needed for hirer deletion.
ii. New mode of operation should be mentioned in the request letter.
iii. Stamp duty must be paid for agreement execution.
BREAKING OPEN OF LOCKER
Bank-initiated break open occurs in scenarios like lost keys, legal actions, non-payment of rent, or inactivity.
DEATH CLAIM SETTLEMENT OF LOCKER
i. Claims due to deceased locker hirers are settled within 15 days, subject to proper documentation.
ii. Contents are released to survivors/nominees/legal heirs based on circumstances.
PROCEDURE FOR SETTLEMENT OF CLAIM
i. Legal representatives/nominees should submit a claim application with necessary documents.
ii. They must provide the locker key and clear any arrears.
iii. Missing keys require break open charges.
iv. Complete documents are submitted to the Cluster/Corporate Office.
v. On approval, necessary documents are executed for content release.
SURRENDER OF LOCKER
i. Locker surrender is possible at any time during the contract.
ii. All hirers must be present and the locker must be empty.
iii. Overdue rent is collected before surrender.
iv. Refunds are given for advanced collected rent proportionally.
CONCLUSION
Unity Small Finance Bank Ltd’s SOP for Safe Deposit Lockers ensures the safety and convenience of customers’ valuable items, providing a seamless experience from allotment to surrender. In this article you will get to know about locker charges in Unity Small Finance Bank. Dear Reader you have any query comment below.