Safe Deposit Box

A safe deposit box — also called a safety locker or bank locker — is a secure, individually rented storage unit housed within a bank's vault or a dedicated secure facility, used by individuals and businesses to store valuable items including important documents (property deeds, wills, passports), physical securities (share certificates, bond certificates), jewellery, precious metals, cash, and other irreplaceable assets. Safe deposit boxes are protected by multiple layers of physical security including reinforced vaults, dual-key access systems (requiring both the bank's master key and the customer's individual key), and surveillance systems. In India, bank lockers are regulated by the Reserve Bank of India (RBI), which issued comprehensive revised guidelines in 2021 governing locker agreements, bank liability for contents, nomination facilities, and fraud protection. For investors and high-net-worth individuals using Ventura Securities for wealth management, safe deposit boxes complement digital investment portfolios by providing a secure physical storage solution for paper-based financial instruments and estate planning documents that require careful, long-term preservation.