SBI Revised Locker Rent Charges: Along with making changes in its locker charges, SBI has appealed to the locker customers to follow the process of implementing the revised locker agreement.
State Bank of India (SBI) has revised its locker rent and locker services charges which vary depending on the location and size of the locker. SBI is requesting its locker customers ( SBI Locker Rent) to contact their locker holding branch and follow the procedure to implement the revised or supplementary locker agreement.
The Reserve Bank of India has directed all banks to ensure that by June 30, 2023, at least 50% of their locker customers should have signed the new agreement. Whereas, by December 31, the revise agreement compliance percentage is to be zero. Regarding this, SBI has asked its locker customers to go to their branch immediately and complete the process of signing the revise agreement etc.
SBI Locker Rent Latest Rates
SBI offers 3 types of lockers to its customers and all three have different rates.
SBI’s Small Locker Rent Charges
The bank charges Rs 2000 + GST for urban and metro customers and Rs 1500 + GST for rural and semi-urban customers.
SBI’s medium locker rent charge
SBI Bank charges Rs 4000 + GST for urban and metro customers and Rs 3000 + GST for rural and semi-urban customers.
SBI’s Large Locker Rent Charges
State Bank of India charges Rs.8000+GST for urban and metro customers and Rs.6000+GST for rural and semi-urban customers.
SBI XL Locker Rent Charges
SBI charges Rs 12,000 + GST for urban and metro customers and Rs 9000 + GST for rural and semi-urban customers.
SBI has also revised the charges for these locker related services-
locker visit charge
locker rent overdue charge
Charge for breaking the lock of locker
safe custody charge
