If you have valuable items at home for the safety of which you are worrying all the time. You should consider opening a bank locker for its security, to relax your furious mind and to lose some amount of a burden off of your shoulders. Wondering what type of things you kept in bank lockers? Well, you can put property documents, jewellery, financial bonds, financial contract papers, insurance policy documents and other confidential items that are valuable to you.
Benefits Of Having A Bank Locker
- A high-security place for your valuable documents.
- As per RBI, in case of theft or property loss because of negligence, the bank will have to pay the compensation as per the value of your item that was kept in the bank locker.
- The safest place to keep valuables is in different types of lockers like Mechanical locks, Keypad systems, Swipe cards, and Biometric lockers.
- Owners can also get CCTV installed.
Here Are The Bank Locker Charges Of SBI, HDFC Bank, PNB, ICICI Bank, and Canara Bank:
PSU Bank Charges For Locker Services:
- ₹1,100 for Small
- ₹2,800 for medium
- ₹6,000 for large
- ₹8,000 for extra large
SBI Bank Locker Charges
- As per the bank’s official website, charges for lockers vary between ₹500 to ₹3,000 on their locker size and security.
- In metropolitan cities, SBI charges ₹Rs 2,000 for small, Rs 4,000 for medium, Rs 8,000 for large, and Rs 12,000 for extra large-sized lockers.
- In rural and semi-urban locations, the bank charges Rs 1,500, Rs 3,000, Rs 6,000, and Rs 9,000 for different sizes of lockers and capacities.
HDFC Locker Charges
- At HDFC bank locker charges depend upon the location and size, and range from ₹3,000 to ₹20,000.
ICICI Locker Charges
- ICICI bank takes a fee of ₹1,200 to ₹5,000 for the small-sized lockers and Rs 10,000 to Rs 22,000 for extra large-sized ones. But GST charges may or may not be included in it.
PNB 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.” mentioned by economictimes.
Axis 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,” mentioned further.
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Locker Charges Of Canara Bank
- “For Canara Bank customers, the one-time locker registration charge is Rs 400 plus GST. The 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.”
