no of times a locker holder can operate locker free of cost in a year is restricted to .....

BANKING GENERAL KNOWLEDGE

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

no of times a locker holder can operate locker free of cost in a year is restricted to ____

A	10
B	12
C	15
D	30

Explanation:

Detailed explanation-1: -A locker hirer has to operate the locker at least once every six months. If the locker is not operated for more than one year, bank can forcibly open the locker after giving proper notice.

Detailed explanation-2: -Your bank may open the locker if you don’t visit your bank locker at least once in a year, according to the Reserve Bank of India (RBI) regulations. You may get more time if you fall in the low-risk category.

Detailed explanation-3: -There is no limit to the number of times the locker can be operated in a day during working hours, by the authorized hirer.

Detailed explanation-4: -SBI locker visiting charges In a financial year, the bank gives 12 free locker visits. Thereafter, it charges Rs 100 + GST per visit.

There is 1 question to complete.