Bank Locker Charges: Locker facility is provided by many banks. Many people take advantage of this facility to keep their important things safe. People keep their important documents, jewellery or any other valuables in this locker.
This is why it is also called Safe Deposit Locker. However, this locker is not available for free. For this, you have to pay many charges (Bank Locker Charges) including locker rent to the bank every year. Let us know what are the locker charges in 5 banks.
SBI Locker Charge
| Description of Service Charge | Charges | |
| Safe Deposit Lockers: Annual Rent | ||
| SIZE | TYPE | |
| Size A:125 x 175 x 492 | SMALL | URBAN AND METRO : |
| ₹2000+GST | ||
| RURAL AND SEMI URBAN | ||
| Size B:159 x 210 x 492 | :₹1500+GST | |
| Size:C:125X352X492 | MEDIUM | URBAN AND METRO : |
| Size:D:189X263X492 | ₹4000+GST | |
| Size:E:159x423x492 | RURAL AND SEMI URBAN : | |
| Size H1:325X210X492 | ₹3000+GST | |
| Size:F:278X352X492 | LARGE | URBAN AND METRO : |
| Size:G:189X529X492 | ₹8000+GST | |
| Size:H:325x423x492 | RURAL AND SEMI URBAN : ₹6000+GST | |
| Size L:404X529X492 | EXTRA | URBAN AND METRO : |
| LARGE | ₹12000+GST | |
| RURAL AND SEMI URBAN : | ||
| Size:L1:385X529X492 | ₹9000+GST | |
| For Salary Package Accounts: Platinum variant Accounts: | 25% concession on locker Rent | |
Before taking a locker in State Bank of India, you have to keep in mind that you may have to pay several charges ranging from locker rent to opening it, visiting it repeatedly, etc. This charge can range from Rs 1500 to Rs 9000 and you will also have to pay GST separately on it. You will also have to pay a charge of Rs 500-1000 for registration.
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HDFC Bank Locker Charge
If you open a locker in HDFC Bank, you may have to pay a charge of Rs 500 to Rs 20,000 for the locker. This charge depends on the area in which you are availing the locker facility and also how big or small the locker is.
Canara Bank Locker Charge
| Locker Size | Metro | Urban/ Semi Urban | Rural |
| Small | 2000/- | 1500/- | 1000/- |
| Medium | 4000/- | 3000/- | 2000/- |
| Large | 7000/- | 6000/- | 4000/- |
| Very Large | 10,000/- | 8000/- | 6000/- |
In Canara Bank, you will have to pay Rs 400 along with GST just for registration. The locker rent can range from Rs 1000 to Rs 10,000. This charge depends on the area in which you are availing the locker facility and also how big or small the locker is.
ICICI Bank Locker Charge
| Annual Locker rentals | |||||
| Location | Rural | Semi – Urban | Urban | Metro | Metro + |
| Small | 1,200 | 2,000 | 3,000 | 3,500 | 4,000 |
| Medium | 2,500 | 5,000 | 6,000 | 7,500 | 9,000 |
| Large | 4,000 | 7,000 | 10,000 | 13,000 | 15,000 |
| Extra Large | 10,000 | 15,000 | 16,000 | 20,000 | 22,000 |
ICICI Bank also has different types of locker charges depending on the area and size of the locker. These charges range from Rs 1200 to Rs 22,000.
Axis Bank Locker Charge
Annual Locker rentals:
| Location | Locker Size | Rentals starting from* (applicable GST extra) |
| Rural | Small Medium Large X-Large |
1500 2200 5000 10000 |
|---|---|---|
| Semi-urban | Small Medium Large X-Large |
1700 2500 5500 11000 |
| Metro/Urban | Small Medium Large X-Large |
3105 6900 11800 14256 |
If you are thinking of taking a locker in Axis Bank, then you may have to pay locker charges ranging from Rs 1500 to around Rs 14,256.
