Example: If an account in the joint name of A and B, and if A dies, the balance will not be paid to B alone. To give you a general idea, here are the rates for renting a safe deposit locker at SBI: Small … IMPORTANT: State Bank of India never ask for your user id / password / pin no. How to Close Safe Deposit Locker. If not, you will have to write a bank locker application form on plain paper and submit it to the branch manager. Most banks will have preformatted forms. 10F for Information to be provided under sub-section (5) of section 90 or sub-section (5) of section 90A of the Income-tax Act, 1961 : Download You can close a Safe Deposit Locker account at SBI simply by paying off locker dues (if any), surrendering of key with a request letter signed by all the hirers to the branch, where you have a locker. Audio is not supported in your browser. It has to be paid to B and to the legal heirs of A jointly. Isn’t it very simple? Make sure that you are not left with any pending dues related to that account. The State Bank of India (SBI) has announced a hike in its safe deposit rental charges with effect from March 31, 2020. Ans: - When a joint account holder dies, in the absence of a clause like E or S, F or S, L or S, the balance can be paid jointly to the survivors and the legal heirs of the deceased. Things to remember when writing application letter for bank locker Check for forms Always check whether your bank has a predesigned format for locker application. The charges on renting the locker will vary from one bank to another as also the branch location, whether it is in a metro, urban or semi-urban area or a rural area. The reason why I am closing this bank account is that I am unable to use this account as I have opened a new account in another bank. sbi forms by 4577825 form – f (see sub-rules (3) and (4) of rule 8) application for closure of account under senior citizens savings scheme, 2004 If you hold a savings/salary/current account in State Bank of India and are looking for ways to close it, then here are the details you will have to consider. Make the account balance to zero before applying for its closure. This question is for testing whether you are a human visitor and to prevent automated spam submission. I Mr./Miss XYZ having a bank account with SBI whose account number is xxx-xxx-xxx-xxx, residing at #206, 18th Cross, Bhagyanagar, Angol, Belagavi, Karnataka.Today I am writing this letter because I want to close the account with the above-mentioned account number. According to an announcement on the bank's website, rental charges have been increased by Rs 500-3,000 depending the on the size of the locker and the city the account holder has the locker in. State Bank of India, Rajarhat Kali Mandir Branch, Date: DD/MM/YY. Have a look in their website. Things to remember While closing SBI Account. The details of my account are given below. Imagine all your hard earned valuables such as physical gold, diamonds & other jewelleries or important personal documents such as educational documents, marriage certificate, insurance policy documents and others are kept at your home and gets stolen or go missing. Application Form-A pdf for Opening of an Account under Senior Citizens Savings Scheme, 2004 : Download SBI Form Pdf Form No. through phone call / SMSes / e-mails. Subject: Closure of Savings/ Current Bank Account. Sir/Madam, I the sole holder request you to close my account with you from the date of this application. Or Any such phone call / SMSes / e-mails asking you to reveal credential or One Time Password through SMS could be attempt to withdraw money from your account.NEVER share these details to anyone.