The majority of us choose to keep our jewelry, valuables, and other critical items in the bank locker. Bank lockers are known for being incredibly trustworthy and safe. However, there is a fee with this service that you must pay to the bank to keep valuables in the bank's safe. The locker's cost is based on the locker's size. The bigger the locker you rent, the more you'll need to pay. So, let's determine which bank costs how much for bank locker service.
The rates for lockers at ICICI Bank, HDFC Bank, PNB, SBI, Axis Bank, and Canara Bank are shown here. Read on!
SBI Locker Charges
According to the bank's website, the bank locker cost can start from Rs 500 to Rs 3,000 based on the locker size and location. For example, the SBI bank locker in metro and metropolitan zones charges Rs 2,000 for small, Rs 4,000 for medium, Rs 8,000, and Rs 12,000 for extra-large lockers.
The SBI bank charges in semi-urban and rural areas are Rs 1,500 for small, Rs 3,000 for medium, and Rs 6,000 for an extra large locker.
HDFC Bank locker charges
The locker price of HDFC bank can range from Rs 3,000 to Rs 20,000 annually, depending on their accessibility, sizes, and locations. The normal small-size locker costs Rs 3,000, Rs 5,000 for medium-sized lockers, and Rs 10,000 for large lockers in metro and metropolitan areas.
ICICI Bank Locker Charges
Small size locker of ICICI Bank range between Rs 1,200 and Rs 5,000, and costs extra large locker charges between Rs 10,000 and Rs 22,000. However, GST is not included in these costs.
PNB Bank Locker Charges
The rent for a locker at PNB Bank in rural and semi-urban locations per year is between Rs. For urban and metropolitan locations, the bank charge ranges from Rs 2000 to Rs 10,000.
Axis Bank locker charges
Axis Bank charges Rs. 1000 + GST for initial Locker registration (not applicable to Burgundy / Burgundy Private customers). The number of free bank locker visits is three per calendar month; beyond that, each visit costs Rs. 100 plus GST.
Canara Bank Locker Charges
Customers of Canara Bank pay a one-time registration fee for a locker of Rs 400 + GST. Additionally, service fees are free for the first 12 procedures per year for using a locker, after which there is a fee of Rs 100 + GST per operation.