Locker Allotment Sample Clauses

Locker Allotment. In order to facilitate customers making informed choices, Branch shall maintain a branch wise list of vacant lockers as well as a wait-list in Core Banking System (CBS) or any other computerized system compliant with Cyber Security Framework issued by RBI, for the purpose of allotment of lockers and ensure transparency in allotment of lockers. The branch shall acknowledge the receipt of all applications for allotment of locker and provide a wait list number to the customers, if the lockers are not available for allotment. No new locker account should be opened without linkage of SB/CD account and Time Deposit as a caution deposit. Memorandum of Letting of Lockers (SL-1) should be held / completed and duly signed by all the Hirers in the presence of the Custodian / Officer-in-charge of lockers. Branch should give a copy of the Memorandum of Letting of Lockers (SL-1) regarding operation of the locker to the locker hirer at the time of allotment of the locker. The Specimen Signature Card (SL-11) duly completed, including a password, should be obtained. The custodian/ officer-in-charge of lockers should counter- sign the Specimen Signature Card preferably in red ink or in a color different from the color in which xxxxxx has signed. All the hirers should also sign the Password Book (RSL-1). The custodian / Officer-in-charge of the lockers should explain to lessee the significance of password and the need to keep it confidential.
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Locker Allotment. 2. In order to facilitate customers making informed choices, banks shall maintain a branch wise list of vacant lockers as well as a wait-list in Core Banking System (CBS) or any other computerized system compliant with Cyber Security Framework issued by RBI, for the purpose of allotment of lockers and ensure transparency in allotment of lockers. The banks shall acknowledge the receipt of all applications for allotment of locker and provide a wait list number to the customers, if the lockers are not available for allotment.

Related to Locker Allotment

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