IDBI Bank has launched round-the-clock locker facilities

By | March 29, 2011

A recent press report said that IDBI Bank has opened as 24X7 ‘anytime’ locker facility with biometric access to provide to the  requirements of its customers.

Mr. R.M. Malla, Chairman and Managing Director, IDBI Bank said that the locker facility has good ambience, a special dressing room, and 24 hours availability of tea or coffee.

Reports said that IDBI Bank has launched the round-the-clock locker facility at its Cuffe Parade branch in Mumbai on realising that customers need to access their lockers outside banks’ business hours and during bank holidays.

The bank is offering its customers ‘King Size’ and ‘Super King Size’ lockers for which they have to pay somewhere between Rs 15,000 and Rs 40,000 a year, depending on the size of the locker.

Reports also said that the locker facility will be manned by the bank’s staff in three shifts. The bank is planning to open such locker facilities in the other metros and larger cities in due course of time.

The special features of the lockers are that women can use this place as a dressing room, jewelers can store their precious stocks here and a company can keep in safe custody CDs containing crucial corporate information.

The bank has a variety of loan products to cater to the home loan and personal loan segments too.

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About Pradeep Yuvaraj

Pradeep Yuvaraj is a Co-Founder and Director at Finerva Financial Solutions Private Limited, a financial education company focused on personal finance education. He has penned over 250 articles relating to Personal Finance and clocked over 500 hours of educating individuals on managing personal finance. He is a serial entrepreneur and has been associated with 7 Start-ups. His entrepreneurial experience spans industries as varied as Education, Gas Engineering, Automobile Design, Software development and more recently a Pure play presentation design company. Prior to turning entrepreneur in 2005, he has worked for 3 of the top ten companies of the world - Shell, ExxonMobil and Total SA. This experience included handling Branch Operations, Channel Sales and Business Development across 5 states over a period of 8 years. He holds an MBA from Symbiosis and an Electronics Engineering Degree from the University of Pune.

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