PNB locker charges hike: If you have an account in Punjab National Bank (PNB), then this news is very important for you. From October 1, 2025, the bank is making changes in many types of service charges.
The biggest impact of these is going to be on the locker rent, which has increased according to different cities and locker size. Apart from this, new rules will also apply to services like Standing Instruction (SI) failure and nomination. Let us know all these changes in detail.
Bank locker charges became expensive (PNB Locker Charges)
PNB has increased the locker rent, which will be effective from October 1. This new rent will be charged from the due date of the next annual rent. The bank has not increased the rent of three out of five categories of lockers in rural areas, while all five lockers in the semi-urban category have become expensive. At the same time, the rent of four categories of lockers has increased for urban and metro cities.
Small locker: The rent will remain ₹ 1,000 in rural areas , but in semi-urban areas it has increased from ₹ 1,250 to ₹ 1,500. The rent for a small locker in urban and metro cities will remain ₹ 2,000 as before .
Medium Locker: Its rent has increased from ₹ 2,200 to ₹ 2,500 in rural areas . It has increased from ₹ 2,500 to ₹ 3,000 in semi-urban and from ₹ 3,500 to ₹ 4,000 in urban and metro .
Big locker: The rent for a big locker has increased from ₹ 2,500 to ₹ 4,000 in rural areas , from ₹ 3,000 to ₹ 5,000 in semi-urban areas , from ₹ 5,500 to ₹ 6,500 in urban areas and from ₹ 7,000 in metros.
Very large locker: Rent will remain at ₹ 6,000 in rural areas. In semi-urban areas, it has increased from ₹ 6,000 to ₹ 7,000 and in urban and metro areas, it has increased from ₹ 8,000 to ₹ 8,500 and ₹ 9,000.
Extra Large (E Large) Locker: Its rent will remain ₹ 10,000 in rural areas. In semi-urban, urban and metro cities, it has increased from the earlier ₹ 10,000 to ₹ 10,500, ₹ 11,000 and ₹ 12,000 respectively .
One-time charge for issuance of locker
Changes have also been made in the one-time registration charge levied while purchasing a locker. Currently, this charge is ₹ 200 in rural and semi-urban branches and ₹ 500 in urban and metro branches. According to the new rules, a one-time charge of ₹ 200 will be charged for all lockers in rural and semi-urban branches . At the same time, ₹ 500 will be charged for small and medium lockers in urban and metro branches and ₹ 1,000 will be charged for large, very large and extra large lockers .
Stop Payment Instruction
There has been a partial change in the charges for stop payment. Currently, the stop payment charge for a single cheque is ₹ 100, which will remain the same in future as well. However, the charge for a series of three or more cheques is currently ₹ 300, which has been increased to ₹ 500. This new charge will be levied on a series of five or more cheques.
Charge for failing Standing Instruction (SI)
Currently, the bank charges ₹ 100 per transaction plus postage charges for a standing instruction failure . Under the new rules, a flat charge will now be levied every month instead of per transaction. That is, whether one SI fails in a month or three, you will have to pay a charge of ₹ 100 + GST. However, in cases like term loans or RD, only a maximum of three SI transactions will be allowed to fail.
Nomination Service (Nomination Charges)
Some changes have also been made in the nomination rules. The first nomination request will still be free. After this, a fee of ₹ 100 will be charged every time the nomination is changed, except when the nominee dies. In case of death of the nominee, the bank will fulfill this request without any fee after submitting the death certificate to the branch.
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