New bank locker rules: State Bank of India has asked its customers to approach their branches and sign Revised Bank Locker Agreement to avail the locker service.
SBI has tweeted about the notice on the revised locker agreement and said that the customers of the locker should go to the bank to know and sign the new agreement. Locker customers of SBI Bank must read the notice first.
RBI circular on bank locker
The Reserve Bank of India (RBI) directed banks to inform all customers about the requirements by April 30 and ensure that 50% and 75% of existing customers sign Revised Bank Locker Agreement by June 30 and September 30, respectively. Give
SBI locker charges
Bank locker charges depend on the branch and area. SBI charges a one-time locker registration charge of Rs 500 plus GST for small and medium sized lockers. For large and extra large lockers, customers are charged a registration charge of Rs 1,000 plus GST.
SBI Small Locker Rent
Urban & Metro : ₹2000+GST
Rural and semi-urban: ₹1500+GST
SBI Medium Locker Rental Charges
Urban & Metro : ₹4000+GST
Rural and semi-urban: ₹3000+GST
SBI Large Locker Rental Charges
Urban & Metro : ₹8000+GST
Rural and semi-urban: ₹6000+GST
Rental Charges for SBI XL Locker
Urban & Metro : ₹12000+GST
Rural and semi-urban: ₹9000+GST