Some banks, such as State Bank of India (SBI), Canara Bank, oblige the locker-hirer to make a term deposit at the time of allotment, covering three years’ rent and the cost of opening the locker if the rent is not paid gets involved. A safe deposit locker is a locker on rent that a bank offers you to keep your valuables. Valuables jewellery, gems, financial or legal papers, insurance policies, proof of identity, other confidential and personal items can be kept
Many banks in the country provide locker facilities to their customers in many of their big branches. Locker fees vary depending on its size and location. In addition, some banks such as State Bank of India (SBI), Canara Bank , oblige the locker-hirer to make a term deposit at the time of allotment, covering three years’ rent and lock the locker if the rent is not paid. cost is included.
what is bank locker
A safe deposit locker is a locker on rent that a bank offers you to keep your valuables. Valuables jewellery, gems, financial or legal papers, insurance policies, identity proofs, other confidential and personal items can be kept. The locker hirer should make advance payment of his rent for the entire financial year. Here is a comparison of HDFC Bank, SBI, ICICI Bank, Canara Bank, Yes Bank locker charges as per bank websites.
SBI locker fee
The bank will charge Rs.1500+GST for urban and metro customers for small size lockers and Rs.1000+GST for rural and small town customers for small size lockers. For medium-sized lockers, SBI charges Rs 3000 + GST for urban and metro customers and Rs 2000 + GST for rural, semi-urban customers.
hdfc bank locker charges
Depending on the availability and locations in HDFC Bank , the locker fees can range from Rs 1350 to Rs 20,000 per annum. In metro and urban locations, it usually charges an annual storage fee of Rs 3,000 for medium lockers, Rs 7,000 for large lockers and Rs 15,000 for extra large lockers.
ICICI Bank Locker Charges
ICICI Bank charges between Rs 1,200 to Rs 5,000 for small size lockers. For medium sized lockers, bank charges vary between Rs 2,500-9,000 and for large ones the charges vary between Rs 4,000-15,000.
yes bank locker fees
Yes Bank charges Rs 4,500 to Rs 32,000 for different sizes of lockers. According to the Yes Bank website, in case the locker is surrendered before the expiry of the lease period, a proportionate amount of advance rent collected i.e. will be refunded.
canara bank locker fees
For Canara Bank customers, the one-time locker registration fee is Rs 400 plus GST. Service charge for locker operation, limited to 12 free per year, thereafter there will be a charge of Rs.
