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Bank Locker Rules: Bank locker rules have changed, now you will have to pay this much money in the country's top banks..

Shikha Saxena | November 5, 2024 5:15 PM CST

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 provide bank locker facilities to different categories of customers, such as personal customers, partnership firms, limited companies, clubs, etc. However, banks do not allocate lockers in the name of minors. Banks act as a kind of lessee for their customers, in which locker service is provided based on annual rent.

From a security point of view, banks ensure that the protection of customers' valuables is much more secure than their fees. Let us tell you that they are not responsible for the safety of cash kept in the bank. So keep this in mind while keeping the goods.

Rent will vary according to 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 Rs. 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

Note that the bank offers 12 free visits to its customers, after which a fee of Rs. 100 is charged for each additional visit.