Safes, Safe Deposit Locker Cabinets and key locks

Safe Deposit Locker Cabinets

Strategic Recommendations for Safe Deposit Locker Cabinets (IS 5244:2020)

  • Begin BIS Certification Immediately
    Large & Medium enterprises must comply by 8 June 2024; Small & Micro enterprises by 8 December 2024 under IS 5244:2020.
  • Consult Compliance Professionals (ERA)
    Partner with the ERA Compliance Team for BIS application, product testing, and ISI mark labeling.
  • Reach Out for Support
    📧 cs@eraglobal.co.in | 📞 +91 9599296331 | 💬 WhatsApp – For guidance on exemption filings, lab testing, and certification timelines.
  • Track QCO Exemptions & Timelines
    Subscribe to ERA NEWSLETTER for Stay updated on micro and small enterprise exemptions (12 months and 9 months from notification date).
  • Ensure Marking & Declarations
    All safe deposit locker cabinets must carry ISI mark or be declared under exemption before the respective enforcement date.
Safe Deposit Locker Cabinets (IS 5244:2020)
Section Details
Product Name Safe Deposit Locker Cabinets
Applicable Indian Standard (IS) No. IS 5244:2020
Title of Indian Standard Safe Deposit Locker Cabinets – Specification
Quality Control Order Safes, Safe Deposit Locker Cabinets and Key Locks (Quality Control) Order, 2023
Notification & Amendments Notified via S.O. 5293(E), dated 8 December 2023
Final Enforcement Date For Large & Medium Enterprises: 8 June 2024, For Small & Micro Enterprises: 8 December 2024
Objective & Scope To ensure the security, durability, and standardization of safe deposit locker cabinets through mandatory BIS certification and adherence to IS 5244:2020.
Products Covered All types of safe deposit locker cabinets used in banks, financial institutions, and commercial establishments for secure storage of valuables.
Exemptions - Products manufactured exclusively for export
- Micro enterprises: exemption until 8 December 2024
- Small enterprises: exemption until 8 September 2024
Industries Impacted - Banking and Financial Institutions
- Security Equipment Manufacturers
- Commercial Establishments requiring secure storage
Mandatory Compliance Conformity to IS 5244:2020, ISI marking required, BIS license under Scheme-I of BIS (Conformity Assessment) Regulations, 2018.
Next Steps for Stakeholders - Apply for BIS license
- Test products in BIS-recognized labs
- Ensure ISI marking before sale or distribution
- Declare exempt stock as per timelines
Legal Framework Provision & Enforcement Enforced under BIS Act, 2016 by BIS; certification, inspection, and enforcement mechanisms apply.
Penalties for Non-Compliance Seizure of non-compliant locker cabinets, suspension or cancellation of license, fines, or imprisonment up to 2 years, or both.
Conclusion BIS certification is mandatory for all safe deposit locker cabinets by the respective deadlines. The 2023 QCO ensures security standards and product quality for banking and commercial storage.
References / Annexures QCO 2023: S.O. 5293(E) [8 Dec 2023], BIS IS 5244:2020

Ready to start your certification journey?

Let us help you navigate regulatory challenges and achieve certification with ease. Leave us your details, and we’ll get back to you—or request a free consultation today.

ERA COMPLIANCE DIGEST

We don’t spam! Read our privacy policy for more info.

Get in touch with us today

Notification

The product Safe deposit locker cabinets covered under the Safes, Safe Deposit Locker Cabinets and Key Locks (Quality Control) Order, 2023, via S.O. 5293(E), dated 8 December 2023 by the Ministry of Commerce & Industry under the BIS Act, 2016. This mandates BIS certification and ISI marking for domestic use, with specific exemptions for micro and small enterprises.

Enforcement Timeline

Large and Medium Enterprises must comply by 8 June 2024, and Small and Micro Enterprises must comply by 8 December 2024.

Overview

Safe deposit locker cabinets are essential for secure storage of valuables in banks, financial institutions, and commercial establishments. Compliance with IS 5244:2020 ensures structural integrity, durability, and security of locking mechanisms.

Objective & Scope

IS 5244:2020 defines construction standards, locking mechanisms, material strength, and security requirements for locker cabinets to prevent unauthorized access and enhance safety.

Products Covered

 The standard applies to all types of safe deposit locker cabinets intended for use in financial institutions and commercial premises for the secure storage of cash, documents, and valuables.

Exemptions Provided

Exemptions include goods manufactured exclusively for export, micro enterprises (12-month exemption), and small enterprises (9-month exemption) from the notification date.

Industries Impacted

 The QCO impacts banking and financial institutions, security equipment manufacturers, and commercial establishments requiring secure storage solutions.

Mandatory Compliance Requirements

 Compliance to IS 5244:2020 is mandatory with BIS certification and ISI marking under Scheme-I of BIS (Conformity Assessment) Regulations, 2018.

Next Steps for Stakeholders​

  • Manufacturers should: apply for BIS license, test products in BIS-recognized labs, ensure ISI marking before distribution, and declare exempt stock as per QCO timelines.

Legal Provisions, Enforcement & Penalties

 BIS is the enforcing authority under the BIS Act, 2016, empowered to conduct inspections and enforce compliance. Penalties include seizure, fines, license suspension, and imprisonment of up to 2 years.

Conclusion

All safe deposit locker cabinets must conform to IS 5244:2020 and carry valid BIS certification by the enforcement deadlines. The 2023 QCO ensures standardized security and durability for commercial and banking storage.

Ready to start your certification journey?

Let us help you navigate regulatory challenges and achieve certification with ease. Leave us your details, and we’ll get back to you—or request a free consultation today.

ERA COMPLIANCE DIGEST

We don’t spam! Read our privacy policy for more info.

Get in touch with us today

Scroll to Top