Legal Question in Banking Law in India

Bank locker rent not paid for 9 years. Savings Account also no operated for same period. What would be the liability to bank with respect to locker rent?


Asked on 5/15/16, 7:07 am

2 Answers from Attorneys

Find out from the bank. Varies from bank to bank.

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Answered on 5/15/16, 9:49 am
Fca Prashant Chavan Expert Edge LLP

15.05.2016

Dear Sir / Madam,

The Bank will recover arrears of locker rent and non-operating charges of your Savings A/c accumulated since all these years and you remain liable to pay both as long as the locker and the Savings A/c remains in your name..

Regards,

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Answered on 5/15/16, 10:37 am


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