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Q.

Are Bank Lockers Safe?

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1 Answers

35 days

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0 2024-11-21T13:14:18+00:00

Hello. I saw you asking are bank lockers safe in India or not? Well, people have considered bank lockers a safe place to keep valuables for a long time now. However, if you see the recent thefts, natural disasters and collusion between bank employees, I don’t think bank lockers are safe anymore. It is not just this, but the security infrastructure for bank lockers is inadequate and is not on a par with the needed technology to be prepared for theft. Let me tell you more about this.

Are Lockers Safe in Banks?

Continuing to talk about the security infrastructure that is present, banks have CCTV cameras with a recording feature, but that measure isn’t proactive to prevent theft. There is no setup to provide alerts when someone breaks into the lockers. 

The armed guard stationed at the bank lockers remain unavailable during the bank’s non-working hours. In 2018, I read a news article where a theft took place in the UCO Bank locker over an extended bank closure in 2018.

The major reason I feel that bank lockers aren’t safe is because customers have had to face financial losses in most locker thefts. This is because of the lack of adequate locker insurance provided by the bank and also insufficient steps taken towards compensating the victims. 

So, if you ask me how safe are bank lockers in India, there is a lot of work needed to be done to ensure a secure environment for us to keep our valuables.

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