The Bold Voice of J&K

Bank locker rent

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Dear Editor,
Banks are concerned about the annual rent of lockers, so they require a fixed amount ranging from Rs 1,000 to Rs 10,000. The interest earned from this fixed account should be adjusted against the rent, but the banks ask for a savings account having a minimum balance that is more than the annual rent of the locker. Further, the banks don’t accept responsibility for compensation in case of locker burglary. This is gross injustice.
Vishva Mitter Bammi,
Via-e-mail

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