RBI-Provision of Safe Deposit Locker facility by NBFCs RBI-Provision of Safe Deposit Locker facility by NBFCs Chartered Accountant CA ICAI Chartered Accountants CA ICAI CAinINDIA ICAI Announcements Accounting Standards CA News ICAI Students ICAI Members Case Laws CPT IPCC Final ICAI Course CA Course ICAI Forum CA Question Papers ICAI Study Material

« Latest Circulars »

Open DEMAT Account in 24 hrs
RBI issues Directions on Minimum Capital Requirements for Market Risk under Basel III for Commercial Banks
Reserve Bank of India (Rural Co-operative Banks – Know Your Customer) Amendment Directions, 2026
Reserve Bank of India (Priority Sector Lending – Targets and Classification) Third Amendment Directions, 2026
Inviting Applications for the Post of Director, IIBM, Guwahati
RBI invites comments on the Draft “Reserve Bank of India (Know Your Customer) Amendment Directions, 2026
Trusted Innovation: Shaping the Future of Finance - Keynote address delivered by Shri Shirish Chandra Murmu, Deputy Governor, Reserve Bank of India at the Global Fintech Fest (GFF) 2026, in Mumbai on September 11, 2026
Emerging Technologies in Finance: The Imperatives of Purpose, Prudence, and Policy - Keynote Address by Shri Rohit Jain, Deputy Governor, Reserve Bank of India at the Global Fintech Fest, 2026 in Mumbai on September 9, 2026
Welcome Remarks by RBI Governor in the Inaugural Session of Global FinTech Fest 2026 on September 8, 2026
Implementation of Section 51A of UAPA, 1967: Updates to UNSC’s 1267/ 1989 ISIL (Da'esh) & Al-Qaida Sanctions List: Amendment of 2 Entries
Marching ahead with Responsibility and Growth - Keynote Address[1] delivered by Shri Shirish Chandra Murmu, Deputy Governor, at the 7th NBFC and HFC Summit in Mumbai on September 03, 2026
Conference for Registrars of Cooperative Societies held at Reserve Bank of India, New Delhi on September 1, 2026


« Financial Reforms - Past and Present (Dr. Raghuram Rajan,...	RBI-Quarterly Order Books, Inventories and Capacity... »
RBI-Provision of Safe Deposit Locker facility by NBFCs

January, 29th 2016
RBI/2015-16/302 DNBR(PD).CC.No. 072/03.10.001/2015-16 January 28, 2016 All Non-Banking Financial Companies (NBFCs) Dear Sirs, Provision of Safe Deposit Locker facility by NBFCs The Bank has received proposals from NBFCs seeking approval for offering safe deposit locker facilities. In this regard it may be noted that providing safe deposit locker facility is a fee based service and shall not be reckoned as part of the financial business carried out by NBFCs. NBFCs offering safe deposit locker facility or intending to offer it, shall disclose to their customers that the activity is not regulated by the Bank. (C. D. Srinivasan) Chief General Manager