Bank charges 2k for valuation

[User_e4c6e930]

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User_e4c6e930
PARTICIPANT
March 13, 2025 at 9:01 am

So my mother passed away without a nominee and I had to reclaim the contents of the locker and to reclaim the jwellery , the bank called in a valuer who basically saw the contents of the locker and noted down the amount of the gold jewellery and the bank charges me 2k for it. Was that justified?Did I get scammed? Even I don’t earn 2k per day.

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[Cleversajal8453]

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Cleversajal8453
PARTICIPANT
March 13, 2025 at 9:21 am

Banks are required to keep an inventory in such a situation in the presence of witnesses, but aren’t obliged to value it.
I don’t think this is standard practice.

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[User_e4c6e930]

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User_e4c6e930
OP
March 13, 2025 at 9:43 am

So, bringing in a valuer is not compulsory?

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[Silentgirish7599]

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Silentgirish7599
PARTICIPANT
March 13, 2025 at 9:57 am

Did bank do any paperwork? Like this form?
https://www.rbi.org.in/commonman/english/scripts/Notification.aspx?Id=1341#ubd

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[User_e4c6e930]

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User_e4c6e930
OP
March 13, 2025 at 10:02 am

Yes, that’s where he wrote down the details of the locker contents.

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[Cleversajal8453]

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Cleversajal8453
PARTICIPANT
March 13, 2025 at 11:45 am

I don’t think so, but your bank may have some such rules.

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[Coolbro2018]

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Coolbro2018
PARTICIPANT
March 13, 2025 at 11:14 am

Well you cant really do anything man

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