Nowadays most of the people prefer to keep their jewellery, valuables or other important documents in the bank locker as it has been considered very safe. However, there is a charge for this.
Bank locker charges: Most of us like to keep our jewellery, valuables or other important documents etc. in the bank locker. This is because it has been considered extremely safe and reliable. However, you cannot keep valuables in the bank’s locker for free, for this service you will have to pay the bank as a service charge. This charge depends on the size of the locker. That is, the bigger the locker you take, the more you will have to spend. So let’s know in which bank how much you will have to pay for locker service-
Here is a look at the locker charges of HDFC Bank, SBI, ICICI Bank, PNB, Axis Bank and Canara Bank.
SBI locker charges
- According to the bank’s website, bank locker fees range from Rs 500 to Rs 3,000 depending on the locality and locker size. In metro and metropolitan areas, the bank charges Rs 2,000, Rs 4,000, Rs 8,000, and Rs 12,000 for small, medium, large, and extra large size lockers, respectively.
- In semi-urban and rural locations, the bank charges Rs 1,500, Rs 3,000, Rs 6,000, and Rs 9,000 for small, medium, big, and extra large size lockers, respectively.
HDFC Bank locker charges
- Depending on their sizes, availability, and locations, locker fees can range from Rs 3,000 to Rs 20,000 annually.
- At metro and urban locations, it typically offers annual storage fees of Rs 3,000 for small lockers, Rs 5,000 for medium-sized lockers, and Rs 10,000 for large lockers.
ICICI Bank locker charges
ICICI Bank charges between Rs 1,200 and Rs 5,000 for a small-size locker, and between Rs 10,000 and Rs 22,000 for an extra-large locker. Keep in mind that these fees do not include GST.
PNB Bank locker charges
Locker costs at PNB Bank yearly rent in rural and semi-urban areas ranges from Rs. 1250 to Rs. The bank fee for urban and metro areas ranges from Rs 2000 to Rs 10,000.
Axis Bank locker charges
Charge for initial Locker registration at Axis Bank is Rs. 1000 + GST (not applicable to Burgundy / Burgundy Private customers). Free locker visits are limited to three per calendar month; thereafter, each visit costs Rs. 100 + GST.
Canara Bank locker charges
For Canara Bank customers, the one-time locker registration charge is Rs 400 plus GST. Service charge for locker operations, limited to 12 per year for free after that there will be a charge of Rs 100 per operation plus GST.