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FORM SL1 Vide Para 1. 5. 2 i a Nomination under section 45ZE of the Banking Regulation Act 1949 and the Rule 4 1 of the Banking Companies Nomination Rules 1985 by Sole Hirer in respect of Safety Lockers I Name and address nominate the following person to whom in the event of my/minor s death may give access to the locker and liberty to remove the contents of locker particulars whereof are given below.
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How to fill out sbi locker nomination form pdf download

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How to fill out locker nomination form:

01
First, gather all the necessary information such as your full name, student ID number, and contact details.
02
Carefully read the instructions provided on the form to understand the requirements for locker nomination.
03
Fill out the personal information section accurately, including your name, contact information, and any other requested details.
04
Next, determine the locker size or location preferences, if applicable, and indicate them clearly on the form.
05
Make sure to sign and date the form to validate your nomination.
06
Finally, submit the completed nomination form as instructed, either online or in-person, before the stated deadline.

Who needs locker nomination form:

01
Students who wish to have a locker for storing their belongings during the academic year.
02
Individuals who need a designated space for storing specific items, such as sports equipment or musical instruments.
03
Anyone who wants to ensure the security and convenience of having a personal locker on campus or in a specific facility.
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People Also Ask about sbi locker rules

Nomination is a facility that enables a deposit account holder(s) (individual or sole proprietor) or safe deposit locker holder(s) to nominate an individual, who can claim the proceeds of the deposit account(s) or contents of the safe deposit locker(s), post the demise of the original depositor(s) or locker holder(s).
While form DA1 is to be used for a fresh nomination, DA2 and DA3 are for cancellation and modification. These forms can also be downloaded from your Bank's website.
Add/Modify Nominee Step1. Login to NetBanking using your NetBanking ID and Password. Step2. Go to Request section of Accounts tab. Step3. Select View/Update Nomination Details. Step4. Select the Account for which you want to update the nominee. Fill in the details and Confirm.
Registration of Nomination through Internet Banking: Login to online sbi -> click on Request & Enquiries ->click on Online Nomination ->Choose Account Number->fill the nominee details and submit.
b) In the event of death of all the locker hirers, all the legal heirs of the deceased joint hirers (or any one of them as mandated by all legal heirs) would be allowed to access the locker and remove the contents on verification of ISA of such legal heir(s) as per extant KYC Policy of the Bank, authority of such legal

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A locker nomination form is a document used by individuals to designate a person or persons who will have access to their safe deposit locker after the individual's death.
Individuals who own a safe deposit locker in a bank or financial institution are required to file a locker nomination form to ensure that their nominated persons can access the locker upon their demise.
To fill out a locker nomination form, individuals must provide their personal information, the details of the locker, and the names, addresses, and relationship of the nominated persons. It's also important to sign and date the form as required by the bank.
The purpose of the locker nomination form is to ensure a smooth transfer of access to the locker contents to the nominated individuals after the account holder's death, thus avoiding disputes or legal complications.
The locker nomination form typically requires information such as the locker holder's name, address, locker number, the name and details of the nominated individual(s), and the relationship between the locker holder and the nominees.
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