Model Locker Agreement

Reference: IDBIBANK/202603011810535768

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Description

REVISED SAFE DEPOSIT LOCKER AGREEMENT (As per IBA dated 28.02.2023) [Stamp as Agreement] THIS LOCKER AGREEMENT IS MADE BETWEEN THE BANK AND ITS CUSTOMER AT THE PLACE AND ON THE DATE AS STATED IN THE SCHEDULE HERETO (THE “AGREEMENT”). IDBI BANK LIMITED, a company incorporated and registered under Companies Act, 1956 and a Banking company within the meaning of Section 5 (C) of the Banking Regulation Act, 1949 and having its Registered Office at IDBI Tower, WTC Complex, Cuffe Parade, Mumbai-400 005 and a Branch Office at _____________________ (hereinafter referred to as “the Bank” or “Licensor” which expression shall, unless it be repugnant to the subject, meaning or context thereof, be deemed to mean and include its successors and assign) agree to license. The expression “the Bank” shall include its successors, administrator and assigns and the expression “the Customer” shall include, when the Customer is: (a) one or more individuals, his/ her/ their heirs(s), executor(s), administrator(s) and legal representative(s); (b) a proprietorship rm, the proprietor and his/ her heirs(s), executor(s), administrator(s) and legal representative(s); ( c) a partnership rm, including LLP rm, such rm and its successor, such rm's partners, the survivor or survivors among them and the heir(s), executor(s), administrator(s), legal representative(s) of each one of them; (d) a Hindu Undivided Family (HUF), its members and their survivor(s), legal heir(s), executor(s), administrator(s) and legal representative(s); and (e) a limited company, Society, Trust, Association or Club, its successors. (The Bank and the Customer are each referred to as a “Party” and collectively as “Parties”) WHEREAS: (A) The Customer being desirous to avail of safe deposit locker facility, has approached the Bank for such facility; (B) The Bank is agreeable to provide to the Customer the safe deposit locker facility subject to certain terms and conditions; and (C) The Parties have decided to enter into this A

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Tender Details

• Published 01 Mar 2026
• Closing N/A