Currency notes are kept in the chest room of the bank.
KEY POINTS :
- Security is such that only two or three bank employees are allowed to go to the chest room of the bank.
- Diwali is an opportunity to start the new year with hard currency notes, so people start withdrawing cash from banks just before Diwali.
- Banks are also gearing up for cash transactions before Diwali.
- This cash is stored in the chest room.
More than Rs 773 crore in cash is distributed annually in the chest room of a city bank.
Diwali is an opportunity to start the new year with hard currency notes, so people start withdrawing cash from banks just before Diwali.
Banks are also gearing up for cash transactions before Diwali. This cash is stored in the chest room. More than Rs 773 crore in cash is distributed annually in the chest room of a city bank.
The demand for new currency notes remains only during the Diwali festivities, and Rs 70-80 crore is distributed these days.
The security of the bank’s chest room is equally strict. Given this information from the chest room, a bank in the city said that currency notes from the chest room to the branch are counted in an iron bag and sent to the branch with security guards.
Cash is sent to all the branches of each bank and according to the number of bank ATMs. Image – Dhawal Bharwad, Report – Ketansinh Rajput.
The door can be opened only after the allotted time after putting the key. The
chest room is in the basement of the bank. It has an iron vault enclosed in a wall, with only the door outside.
Only two or three designated employees can enter the chest room. They have different keys. Only after attaching these keys does the lock unlock after the allotted time. A loud noise comes when the lock is unlocked. The security system is as per RBI guidelines.
Employees working in the
the chest can count the notes at the speed of the machine. An employee managing the chest room of a city bank has a knack for distinguishing counterfeit notes from bundles of notes. Their note counting speed is also like a machine.
