New PNB Locker Rent and Fees announced

Punjab National Bank (PNB) has announced changes in the charges for some of its services, effective from October 1, 2025.

These changes include locker rent, stop payment instruction, standing instruction (SI) failure charges, and nomination charges.

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If you use a locker or avail these services in PNB, this update is important for you.

New Locker Rent Charges

PNB has revised locker rent based on locker size and branch location. The new rent will apply from the next annual rent date.

Small Locker

Rural: ₹1,000 (no change)

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Semi-urban: ₹1,500 (earlier ₹1,250)

Urban & Metro: ₹2,000 (no change)

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Medium Locker

Rural: ₹2,500 (earlier ₹2,200)

Semi-urban: ₹3,000 (earlier ₹2,500)

Urban & Metro: ₹4,000 (earlier ₹3,500)

Large Locker

Rural: ₹4,000 (earlier ₹2,500)

Semi-urban: ₹5,000 (earlier ₹3,000)

Urban: ₹6,500 (earlier ₹5,500)

Metro: ₹7,000 (earlier ₹5,500)

Very Large Locker

Rural: ₹6,000 (no change)

Semi-urban: ₹7,000 (earlier ₹6,000)

Urban: ₹8,500 (earlier ₹8,000)

Metro: ₹9,000 (earlier ₹8,000)

Extra Large Locker

Rural: ₹10,000 (no change)

Semi-urban: ₹10,500 (earlier ₹10,000)

Urban: ₹11,000 (earlier ₹10,000)

Metro: ₹12,000 (earlier ₹10,000)

Other Service Charges

Locker Registration Fee

Rural & Semi-urban: ₹200 for all lockers (no change)

Urban & Metro:

Small & Medium lockers: ₹500

Large, Very Large & Extra Large: ₹1,000

Stop Payment Instruction

Earlier: ₹100 (one cheque), ₹300 (three or more cheques)

Now: ₹100 (one cheque), ₹500 (five or more cheques)

Standing Instruction (SI) Failure

Earlier: ₹100 + remittance & postage charges per failed transaction

Now: Flat ₹100 per month + GST (covers up to three failed SIs).

For term loans and recurring deposits, max three SI transactions allowed.

Nomination Charges

First request: Free

From second request onwards: ₹100 each time

If nominee dies: No charge for submitting death certificate

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