RBI: Banks are not liable for loss of contents in safe deposit boxes

Karan

I am a n00b
Regulars
Aug 23, 2006
1,342
122
Gurgaon
WTF?!?! reminds me of the "Parking at Owners Risk, Management shall not be responsible for Damage/Loss" you get at all malls and most office buildings parking area. So technically what this is saying is that bank vaults are nothing but glorified parking lots for your most precious valuables.

What next? "The bank shall not be resposible for any cash or cheque you deposit with us"
 


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