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
Complete guide to TDS on fixed deposits in...
Sweep in to Auto Sweep savings A/c
Recurring Deposits or Systematic...
Medical Insurance: Save tax along with health
For what purpose do you want to invest in...


I was deposit Rs,200000,00 by Mis self sbi saving...
I want check my saving account details...
HOW MANY YEAR DUBBLE MY FIXED DEPOSIT ON S,B,I

NEWS THIS WEEK
New deposit product – Anupama rolled out by SBT Apr 9, 2014
ICICI bank lodged FIR for the fake currency notes Apr 9, 2014
50th coin mela by HDFC bank Apr 8, 2014
IDBI bank earned a huge tax collection Apr 7, 2014
City Union Bank launching 75 new branches Apr 3, 2014
News Archive