NEWS & ADVICE : FIXED DEPOSITS
Banks in south increasing count of safety lockers
By Neelima Shankar
Mar 9, 2012
Print    Email    RSS   

Rising number of thefts in places in southern belt of the country have led banks to increase the number of safety deposit lockers. The rising demand of these lockers from customers has led banks to add more lockers in their branches.

"Nobody wants small lockers. Everyone wants medium or large lockers. Earlier, only corporate houses sought large lockers," said Gopal Gusain, the Chennai circle head of PNB. This need is an indicative of the increasing consumption of gold amongst people.

"On an average, over 30% of investors are seeking large lockers," said an official from Andhra Bank.

The rent on lockers has however not been increased much by banks.


 


(Comments Posted : 0) Post Your Comments
Show All Comments
COMPARE QUICKLY
 Select a product:
 

CALCULATE QUICKLY
 Select a product:
 

EDITORS' PICKS
Calculate your tax
Fetch higher interest rate on your savings...
Need of nomination in bank accounts
Things to know before retirement
Carnival of Indian Personal Finance Blogs #6


how many rupees in my sbi account34309817454
I invest 4.5 lac in mis scheme in SBI how much...
FOR DEPOSIT OF 40,00000/- HOWMUCH IS MY INTEREST PER...
FEET @09780560514~@ Call GiRls ludhiana Female...
BaNg @~09780560514~@ Call GiRl In ludhiana EsCoRts...

NEWS THIS WEEK
Axis Bank profit increased by 18% Oct 20, 2014
Axis Bank reduced its rate by 0.10% Oct 17, 2014
New FD rates of central Bank of India Oct 16, 2014
Cooperative banks should also actively participate in PMJDY Oct 15, 2014
Banks working actively for the PMJDY yojana Oct 14, 2014
News Archive