Bank Locker Charges In India 2024: SBI, PNB, HDFC, ICICI, And Other Major Banks

In 2024, if you're considering using a bank locker to store your valuables securely, it's essential to be aware of the associated charges. Major bank s in India, such as State Bank of India (SBI), Punjab National Bank (PNB), HDFC Bank, and ICICI Bank, have announced their locker fees for the year. Here's a detailed look at the costs and benefits of these locker facilities.

Locker Charges in SBI

Service Description: Annual Rent for Safe Deposit Lockers

Locker Size and Type:

Small (Size A: 125 x 175 x 492):
Urban and Metro: ₹2,000 + GST
Rural and Semi-Urban: ₹1,500 + GST

Medium (Size B: 159 x 210 x 492, Size C: 125 x 352 x 492, Size D: 189 x 263 x 492, Size E: 159 x 423 x 492, Size H1: 325 x 210 x 492):
Urban and Metro: ₹4,000 + GST
Rural and Semi-Urban: ₹3,000 + GST

Large (Size F: 278 x 352 x 492, Size G: 189 x 529 x 492):
Urban and Metro: ₹8,000 + GST
Rural and Semi-Urban: ₹6,000 + GST

Extra Large (Size H: 325 x 423 x 492, Size L: 404 x 529 x 492, Size L1: 385 x 529 x 492):
Urban and Metro: ₹12,000 + GST
Rural and Semi-Urban: ₹9,000 + GST

Special Note: For Salary Package Accounts with Platinum variant, a 25% concession on locker rent is offered.

Locker Charges in ICICI Bank

Annual Locker Rentals:

Small:

Rural: ₹1,200
Semi-Urban: ₹2,000
Urban: ₹3,000
Metro: ₹3,500
Metro+: ₹4,000

Medium:

Rural: ₹2,500
Semi-Urban: ₹5,000
Urban: ₹6,000
Metro: ₹7,500
Metro+: ₹9,000

Large:

Rural: ₹4,000
Semi-Urban: ₹7,000
Urban: ₹10,000
Metro: ₹13,000
Metro+: ₹15,000

Extra Large:

Rural: ₹10,000
Semi-Urban: ₹15,000
Urban: ₹16,000
Metro: ₹20,000
Metro+: ₹22,000

Locker Charges in Punjab National Bank

Annual Locker Rent:

Rural/Semi-Urban:

Small: ₹1,250
Medium: ₹2,500
Large: ₹3,000
Very Large: ₹6,000
Extra Large: ₹10,000

Urban/Metro:

Small: ₹2,000
Medium: ₹3,500
Large: ₹5,500
Very Large: ₹8,000
Extra Large: ₹10,000

Locker Charges in HDFC Bank

Annual Locker Rentals:

Extra Small:

Metro: ₹1,350
Urban: ₹1,100
Semi-Urban: ₹1,100
Rural: ₹550

Small:

Metro: ₹2,200
Urban: ₹1,650
Semi-Urban: ₹1,200
Rural: ₹850

Medium:

Metro: ₹4,000
Urban: ₹3,000
Semi-Urban: ₹1,250
Rural: ₹1,250

Extra Medium:

Metro: ₹4,400
Urban: ₹3,300
Semi-Urban: ₹1,750
Rural: ₹1,500

Large:

Metro: ₹10,000
Urban: ₹7,000
Semi-Urban: ₹4,000
Rural: ₹3,300

Extra Large:

Metro: ₹20,000
Urban: ₹15,000
Semi-Urban: ₹11,000
Rural: ₹9,000

Locker Charges in Canara Bank

Locker Size:

Small:

Metro: ₹2,000
Urban/Semi-Urban: ₹1,500
Rural: ₹1,000

Medium:

Metro: ₹4,000
Urban/Semi-Urban: ₹3,000
Rural: ₹2,000

Large:

Metro: ₹7,000
Urban/Semi-Urban: ₹6,000
Rural: ₹4,000

Very Large:

Metro: ₹10,000
Urban/Semi-Urban: ₹8,000
Rural: ₹6,000

Note: GST is applicable on all charges. Rates may vary by branch location.

By understanding these charges, you can make an informed decision about which bank's locker service best suits your needs.