Some rules related to rent, security and nomination of bank locker facilities have been changed. This rule is going to be implemented in the country’s top banks like SBI, ICICI, HDFC and PNB. Let us understand the details of charges among all these banks and how much more money will have to be paid now.
keep this in mind
Banks offer bank locker facilities to different categories of customers such as individual customers, partnership firms, limited companies, clubs, etc. However, banks do not allot lockers in the name of minors. Banks act as a kind of lessor to their customers, providing locker services on an annual rent basis.
From the security point of view, banks assure that the protection of the valuables of the customers is much safer than their fees. Please note that if you keep cash in the bank, it is not their responsibility to keep it safe. So keep this in mind while keeping the goods.
Fares will vary depending on the location
According to a report by ET, locker rent of SBI, ICICI Bank, HDFC Bank, and PNB may vary according to the branch of the bank, location and size of the locker. Let’s understand its details. The bank has released the new rate.
SBI locker rent
- Small locker: Rs 2,000 (metro/urban) and Rs 1,500 (semi-urban/rural)
- Medium locker: Rs 4,000 (metro/urban) and Rs 3,000 (semi-urban/rural)
- Large locker: Rs 8,000 (metro/urban) and Rs 6,000 (semi-urban/rural)
- Extra large locker: Rs 12,000 (metro/urban) and Rs 9,000 (semi-urban/rural)
ICICI Bank Locker Rent
- Rural areas: Rs 1,200 to Rs 10,000
- Semi-urban areas: Rs 2,000 to Rs 15,000
- Urban areas: Rs 3,000 to Rs 16,000
- Metro: Rs 3,500 to Rs 20,000
- Metro+ locations: Rs 4,000 to Rs 22,000
HDFC Bank Locker Charges
- Metro branches: Rs 1,350 to Rs 20,000
- Urban areas: Rs 1,100 to Rs 15,000
- Semi-urban areas: Rs 1,100 to Rs 11,000
- Rural areas: Rs 550 to Rs 9,000
PNB Locker Charges
- Rural areas: Rs 1,250 to Rs 10,000
- Urban areas: Rs 2,000 to Rs 10,000
Let us tell you that the bank provides 12 free visits to its customers, after which a fee of Rs 100 is charged for each additional visit.
