Bank locker facilities offer a secure space for individuals to store valuable items, but these services come with associated charges. Here’s a breakdown of locker charges across five prominent banks in India:
1. State Bank of India (SBI)
Before opting for an SBI locker, consider various charges including locker rent, opening fees, and visitation charges.
Locker charges range from Rs 1500 to Rs 9000 annually, with GST applied separately. Additionally, a registration fee of Rs 500-1000 is applicable.
2. HDFC Bank
HDFC Bank’s locker charges vary based on the location and size of the locker. Fees can range from Rs 500 to Rs 20,000, depending on the area and dimensions of the locker.
3. Canara Bank
For Canara Bank lockers, a registration fee of Rs 400 plus GST is required. Locker rents can range from Rs 1000 to Rs 10,000, contingent on the locker’s size and location.
4. ICICI Bank
ICICI Bank imposes different locker charges based on locker size and location. Fees range from Rs 1200 to Rs 22,000, catering to various needs and preferences.
5. Axis Bank
Axis Bank offers locker services with charges ranging from Rs 1500 to approximately Rs 14,256. These fees depend on factors like locker size and geographical location.
