tag:blogger.com,1999:blog-1072534379447599771.post8149673469684017315..comments2024-03-16T19:11:05.756+08:00Comments on Anand's Blog: Everything You Would Ever Want To Know About Bank Lockers Anand Vijayakumarhttp://www.blogger.com/profile/04069290912727901147noreply@blogger.comBlogger97125tag:blogger.com,1999:blog-1072534379447599771.post-61885069013789688882017-10-29T09:52:08.226+08:002017-10-29T09:52:08.226+08:00In case of an either/survivor type account the rem...In case of an either/survivor type account the remaining/alive account holder automatically becomes the sole owner of the locker however, in this case as your sister in law may have legal claims on your mom in laws assets, you may be liable to share them with her. Of course you don't need any NOC as the acc belongs to you and your late mom in lawAnand Vijayakumarhttps://www.blogger.com/profile/04069290912727901147noreply@blogger.comtag:blogger.com,1999:blog-1072534379447599771.post-44458446899716333202017-10-16T05:14:22.725+08:002017-10-16T05:14:22.725+08:00Hi, i have a locker with my mother in law. She is ...Hi, i have a locker with my mother in law. She is the first name holder and i am secondary. Also the locker is in either or survivor mode. In case of my mother in law's death ; can the locker be transferred to my name? Will it be a easy process i.e. giving the death certificate to bank and the locker be transferred to me or will i be required to bring NOC from my sister in law as well?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1072534379447599771.post-8164404956190076932017-07-23T13:38:10.679+08:002017-07-23T13:38:10.679+08:00Both transfer and adding you as co-owenr is possib...Both transfer and adding you as co-owenr is possible. Ask your mother in law to visit the bank and go along with her. The officers in the bank can help finish the formalities. As you are the daughter/son in law you may need to show proof of relationship (usually if its son or daughter this type of proof will not be asked)Anand Vijayakumarhttps://www.blogger.com/profile/04069290912727901147noreply@blogger.comtag:blogger.com,1999:blog-1072534379447599771.post-40814355437830699162017-07-21T13:28:16.945+08:002017-07-21T13:28:16.945+08:00Hi thank u for the valuable information. I have ...Hi thank u for the valuable information. I have a query. If the locker in my mother in laws name can it be transferred to my name or can I become a Co holder of the account.? If yes will be the procedure for this Anonymoushttps://www.blogger.com/profile/02358615879707604136noreply@blogger.comtag:blogger.com,1999:blog-1072534379447599771.post-6276726442681193862017-06-18T09:57:39.115+08:002017-06-18T09:57:39.115+08:00Lockers very well allow nominations however for jo...Lockers very well allow nominations however for joint holding type lockers the second/subsequent holders automatically become the nominees. This is probably why the bank suggested so (Because - What if you nominate your brother and post your death your brother and husband get into a legal spat as to who should gain control of the locker. Get the picture?)<br /><br />If it were a single owned Anand Vijayakumarhttps://www.blogger.com/profile/04069290912727901147noreply@blogger.comtag:blogger.com,1999:blog-1072534379447599771.post-850461017755630262017-06-18T06:29:26.360+08:002017-06-18T06:29:26.360+08:00I opened a locker on joint name with my husband .a...I opened a locker on joint name with my husband .anyone of us can operate the locker. I asked for making a nomination to which the bank denied telling that we don't make nominations for locker.i really wonder if it's true..kindly guide me on thisPratshttps://www.blogger.com/profile/11846166387055900072noreply@blogger.comtag:blogger.com,1999:blog-1072534379447599771.post-18978790675356905542017-05-26T17:13:18.057+08:002017-05-26T17:13:18.057+08:00Hi - No I don't think so. If anyone other than...Hi - No I don't think so. If anyone other than the locker holders access the locker esp. a joint holding like your case, your ex husband could initiate legal proceedings against you (Per my knowledge but you can check with a good lawyer to confirm the same) Anand Vijayakumarhttps://www.blogger.com/profile/04069290912727901147noreply@blogger.comtag:blogger.com,1999:blog-1072534379447599771.post-38796601392206671672017-05-26T17:06:22.326+08:002017-05-26T17:06:22.326+08:00Hi can you please suggest - I hold a joint locker ...Hi can you please suggest - I hold a joint locker with my ex husband and I am not in India can I ask one of my relatives to access it on my behalf - I have the keys to the locker ? <br /><br />Anaayahttps://www.blogger.com/profile/09639352650747790061noreply@blogger.comtag:blogger.com,1999:blog-1072534379447599771.post-59799270587532632202017-05-23T15:00:36.608+08:002017-05-23T15:00:36.608+08:00If they have a legal WILL that says they are the l...If they have a legal WILL that says they are the legal heir of your father then yes they can access the locker. If no such WILL Exists, they can still request access to the property inside the locker to be equally shared as it was a joint holding between you & your father. So, any claims his next generation will have on his assets will include the locker. <br /><br />Pls consult a good lawyerAnand Vijayakumarhttps://www.blogger.com/profile/04069290912727901147noreply@blogger.comtag:blogger.com,1999:blog-1072534379447599771.post-15928129264024885262017-05-05T17:39:10.965+08:002017-05-05T17:39:10.965+08:00Thanks for your kind words.
I have not heard of ...Thanks for your kind words. <br /><br />I have not heard of any such fees for repair as the locker is essentially the banks property and the customer is already paying yearly fee to use the locker. So, it must be the banks responsibility to fix it. Anyways, these are tricky things that greedy banks these days are doing to get the most money from customers. Just ask the manager to show the Anand Vijayakumarhttps://www.blogger.com/profile/04069290912727901147noreply@blogger.comtag:blogger.com,1999:blog-1072534379447599771.post-53942640972808126442017-05-05T16:23:32.956+08:002017-05-05T16:23:32.956+08:00hi anand,
a very nice and informative article.My m...hi anand,<br />a very nice and informative article.My mother is using a locker in indian bank..Recently when she went to take some things from the locker she couldn't open the locker it was jammed..when asked the manager what is supposed to be done he said he would call upon the particular company locker person to rectify the prob and also added we are supposed to pay the cost of rectifying Anonymoushttps://www.blogger.com/profile/17827914926829593163noreply@blogger.comtag:blogger.com,1999:blog-1072534379447599771.post-49059298883126214942017-05-03T13:18:17.418+08:002017-05-03T13:18:17.418+08:00Me and my father were joint account holder and the...Me and my father were joint account holder and the locker is also in the same account, my father passed away and i am not able to find the keys, can someone from my family (mother and sister) access the locker if they have the key in my absence.Bhantaihttps://www.blogger.com/profile/15450708644599542012noreply@blogger.comtag:blogger.com,1999:blog-1072534379447599771.post-28474214231186483212016-12-20T00:08:23.824+08:002016-12-20T00:08:23.824+08:00Hi Anand,
Very informative article!
The only que...Hi Anand,<br /><br />Very informative article!<br /><br />The only question I have is, are renters allowed to put a personal lock over and above the 2 locks provided by the bank?<br /><br />Recently, my parents were asked by the bank Manager to remove personal lock citing audit reasons. After that there has been an incident where they found 2 articles missing. I am going to file an FIR and would Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1072534379447599771.post-72628736782846113612016-12-17T09:50:37.597+08:002016-12-17T09:50:37.597+08:00Usually items inside a locker are legal possession...Usually items inside a locker are legal possessions of the person whose name it is registered to. If you are not a joint holder you cannot force the bank to do anything for you<br /><br />If you are trying for a legal separation/divorce you can use the courts to force your husband to return the items he got from youAnand Vijayakumarhttps://www.blogger.com/profile/04069290912727901147noreply@blogger.comtag:blogger.com,1999:blog-1072534379447599771.post-61573672898260253002016-12-05T21:23:36.903+08:002016-12-05T21:23:36.903+08:00hi,
My husband has a locker on his name and he ha...hi, <br />My husband has a locker on his name and he has kept my entire jewellery in his locker since the day of wedding,and it is solely his locker where in my name was never entered or neither it was made a joint locker, now he denies keeping the articles with him, i remember the date and day that we toghater have visited the bank.is there any way that i can find out when exactly he has Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1072534379447599771.post-49999050594403705792016-11-20T18:38:36.632+08:002016-11-20T18:38:36.632+08:00Can you add - Yes but being abroad I don't thi...Can you add - Yes but being abroad I don't think so. The bank would expect you to visit them in person to add your parents as a joint holder of the lockerAnand Vijayakumarhttps://www.blogger.com/profile/04069290912727901147noreply@blogger.comtag:blogger.com,1999:blog-1072534379447599771.post-22691863055006947272016-11-20T05:58:36.351+08:002016-11-20T05:58:36.351+08:00Hi, I have a joint account with my husband, we are...Hi, I have a joint account with my husband, we are both outside India now. Is there a possibility that I can add my mom or dad as a joint account holder so they can access it in my absence.Anonymoushttps://www.blogger.com/profile/03994809908621997918noreply@blogger.comtag:blogger.com,1999:blog-1072534379447599771.post-85221623586913081172016-11-15T09:56:11.747+08:002016-11-15T09:56:11.747+08:00If you give a power of attorney to your dad I thin...If you give a power of attorney to your dad I think he can access your locker on your behalfAnand Vijayakumarhttps://www.blogger.com/profile/04069290912727901147noreply@blogger.comtag:blogger.com,1999:blog-1072534379447599771.post-63972714387106137342016-11-15T06:12:09.162+08:002016-11-15T06:12:09.162+08:00Hi,
I have a joint account in name of me and my w...Hi,<br /><br />I have a joint account in name of me and my wife and we both are outside India.Is there any possibility/provision that my parents can access the locker if I give some signed authority document.I made my father as nominee when I opened the locker.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1072534379447599771.post-14903074683281114492016-10-29T16:36:52.765+08:002016-10-29T16:36:52.765+08:00Do you at least know what bank it is? Without that...Do you at least know what bank it is? Without that i dont think it is possible. If you know the bank, you can try to make a request to the bank via a legal request to inquire if your late father had an account or a lockerAnand Vijayakumarhttps://www.blogger.com/profile/04069290912727901147noreply@blogger.comtag:blogger.com,1999:blog-1072534379447599771.post-75755839163787624792016-10-26T20:31:44.003+08:002016-10-26T20:31:44.003+08:00My father maintained a bank locker with important ...My father maintained a bank locker with important documents in it, who is no more. Due to strained relationship, we don't have any details of the locker / where is it maintained. Is there a way trace out the detail and access the locker? Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1072534379447599771.post-17764261787945401092016-09-25T10:55:21.002+08:002016-09-25T10:55:21.002+08:00As far as I know, in case of joint ownership of a ...As far as I know, in case of joint ownership of a locker, either party is free to do what they want. The other parties legal heir usually doesnt have much say because the other owner is still alive. Anyways, you can consult a good lawyer for expert adviseAnand Vijayakumarhttps://www.blogger.com/profile/04069290912727901147noreply@blogger.comtag:blogger.com,1999:blog-1072534379447599771.post-68152058076333816462016-09-25T10:52:39.970+08:002016-09-25T10:52:39.970+08:00sorry i dont understand the question clearly. Bank...sorry i dont understand the question clearly. Bank will not miss updating nominee info. How do you know if they missed it?Anand Vijayakumarhttps://www.blogger.com/profile/04069290912727901147noreply@blogger.comtag:blogger.com,1999:blog-1072534379447599771.post-9323332115054436332016-09-25T10:51:23.583+08:002016-09-25T10:51:23.583+08:00No, as far as I know, using someone else's loc...No, as far as I know, using someone else's locker is illegal. Even if you use, that person will be the owner of the locker and do whatever they want with the contents inside. You will not have any legal claim on the locker contents once stuff is kept insideAnand Vijayakumarhttps://www.blogger.com/profile/04069290912727901147noreply@blogger.comtag:blogger.com,1999:blog-1072534379447599771.post-81490891227062708202016-09-21T19:48:36.140+08:002016-09-21T19:48:36.140+08:00My mother has opened a bank locker jointly with my...My mother has opened a bank locker jointly with my sister, As my mother is bed ridden my sister operates her locker, my sister has influenced my mother for hiding all information regarding locker from me, after my mother's death in future being her legal heir how can i get my share in her locker belongings, my sister being a joint locker holder may grab all valuables and can flee away Anonymousnoreply@blogger.com