Sample letter format to bank to change or add signature to operate bank locker


Want to add a person to operate bank locker? Looking for the information to change authorized signatory for safe deposit locker? Grab complete information on this topic from the page.

Safe Deposit Vault (SDV) locker, popularly known as bank locker, is considered to be the safest place for keeping your valuables. They are available in almost banks. Bank lockers are available in different sizes. Banks charge nominal rent amount for renting you a bank locker which depends on the size of the locker and is deducted automatically from your savings account (provided that you have signed consent slip for the same). Charges vary from bank to bank. Mostly all banks ask for a security deposit in the form of a Fixed Deposit (FD) of a certain minimum amount.

Who can open a bank locker?


Only the bank hirer has a right to operate the locker. The hirer could be a sole operator or joint operator. In case the operator is single and he/she dies, then the nominee (as mentioned in the form or locker letting agreement) has the right to open the locker and take the valuables kept in it. If the nominee is minor, then his/ her guardian has the right to open the locker. A minor can only be a nominee and has no right to open a locker either solely or jointly.



It is always better and advisable to hold the bank locker jointly. In such a case, all joint applicants should be present at the branch and put in their signatures in the presence of bank officials. So if you are planning to add or change the name of bank locker hirer, you can use the below-provided application format. Some of the scenarios in which you might feel the need to make such modifications are-
  • You are a sole operator and wants to add a name.
  • You and your spouse are joint holders, and want to add the name of your child/ children.
  • You and your spouse is joint lessees, but one of you is now unable to visit the bank every time to operate it. Hence you want to remove one name and add the name of your child/ children.
  • One of the joint holders is expired and hence you want to add another person as joint lessee.


Sample letter format to bank to change or add signature to operate bank locker

How to write application to the bank to add or change the name of bank locker hirer


To,
The Manager,
XYZ Bank,
City

Subject- Addition of name for Safe Deposit Locker number xxxx.

Sir/ Madam,
This is to inform you that I am a Safe Deposit Locker (No. xxxx) holder in your bank. I want to add the name of my (mention name and relation with you) as joint lessee to operate the locker henceforth (either of us solely or jointly/ survivor of us.


Below are attached his/ her specimen signature, copy of ID proof and fresh 'Memorandum of letting of locker'.

Thanking you.

Yours sincerely,
Your signature
Your name
Your address
Your mobile number

Signature of added person
His/ Her name
His/ Her address
His/ Her contact number




In case you want to change the name of the lessee, use the same format but change the text provided in blue color with below-provided text.


Subject- Change of name for Safe Deposit Locker number xxxx.

Sir/ Madam,
This is to inform you that I am a Safe Deposit Locker (No. xxxx) holder in your bank. I want to remove the name of my wife as she expired last month. Kindly add my daughter mention name and relation with you) as my new joint lessee to operate the locker henceforth (either of us solely or jointly/ survivor of us.


Note: Don't forget to attach Xerox of ID proof and fresh 'Memorandum of letting of locker'. Confirm with bank officials if they need any other document.


Article by Nidhi
Nidhi is a freelance content writer with 10+ years of experience. She has a great passion to write on valuable topics so as to provide accurate information to her readers. She is also keen to provide employment to all Indians and so posts various job openings too in this website.

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