
Customers can rent locker facilities from banks. Some banks have recently modified their locker policies. For the convenience of its clients, the nation's leading private and public banks have modified the regulations about their lockers (bank locker new rule). The charges from the locker have been updated by all banks. The leading banks in the nation, including SBI, ICICI, hdfc, and PNB, would be implementing this locker-related rule.
These can be stored in a bank locker.
Every bank offers a locker facility, sometimes known as a bank locker service. Banks offer locker services based on their client's accounts. Both public and private banks in the nation offer bank locker services to individuals, partnership businesses, limited corporations, clubs, etc. (Government bank locker rule). For their clients, banks serve as a sort of lessor, offering locker service in exchange for a yearly fee.
Security is guaranteed by banks.
Banks provide their clients with complete assurance about the security of their possessions through lockers. Banks provide their clients with complete property security. Please be aware that the bank is not liable for the security of your cash if you store it in your bank locker. Therefore, bear this in mind when retaining the products.
The location determines the cost of the locker.
The cost of renting a bank locker in india is determined by the bank's location. Research claims that the size of the locker, the location, and the bank branch may all affect the locker rent for SBI, ICICI bank, hdfc bank, and PNB. New locker prices were just announced by all banks.
SBI bank locker rent
Small locker: Rs 2,000 (Metro/Urban) and Rs 1,500 (Semi-Urban/Rural)
Medium locker: Rs 4,000 (Metro/Urban) and Rs 3,000 (Semi-Urban/Rural)
Big locker: Rs 8,000 (Metro/Urban) and Rs 6,000 (Semi-Urban/Rural)
Extra big locker: Rs 12,000 (Metro/Urban) and Rs 9,000 (Semi-Urban/Rural)
ICICI bank locker rent
Rural areas: Rs 1,200 to Rs 10,000
Semi-Urban areas: Rs 2,000 to Rs 15,000
Urban areas: Rs 3,000 to Rs 16,000
Metro: Rs 3,500 to Rs 20,000
Metro+ locations: Rs 4,000 to Rs 22,000
HDFC bank locker charges
Metro branches: Rs 1,350 to Rs 20,000
Urban areas: Rs 1,100 to Rs 15,000
Semi-urban areas: Rs 1,100 to Rs 11,000
Rural areas: Rs 550 to Rs 9,000
PNB locker charges
Rural areas: Rs 1,250 to Rs 10,000
Urban areas: Rs 2,000 to Rs 10,000
Note that the bank customers are provided with 12 free visits, after which a fee of Rs 100 is charged for each additional visit.