Lockers [1] Even now about 20% have not signed the agreement with their respective banks [2] Banks are seeking to pause the operation of concerned lockers if agreement is not signed [3] Bank’s liability for loss of locker contents due to Bank’s negligence is capped at 100 times the annual rent [4] Losses caused by natural disaster [ Act of God ] are not covered [5] Locker holders need to insure costly contents for which valuation certificate could be necessary –Courtesy BS

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