Bank Locker Charges: From SBI to HDFC Bank and ICICI Bank – Know locker charges of 5 major banks

Bank Locker Charges: Many banks offer locker facilities to keep your valuable items safe. People often use lockers to store important documents, jewellry, and other valuables, which is why they are also referred to as Safe Deposit Lockers. However, it's important to note that locker facilities are not free – you will need to pay charges to the bank. Here’s a breakdown of the locker charges at five major banks in India.

SBI Bank Locker Charges

Before availing a locker at the State Bank of India (SBI), you should be aware that several charges may apply, including locker rent, registration fees, and charges for frequent visits. The locker rent can range from Rs 1,500 to Rs 9,000, and a GST will be charged separately. Additionally, you may need to pay a registration fee of Rs 500 to Rs 1,000.

HDFC Bank Locker Charges

HDFC Bank charges for locker facilities vary depending on the location and the size of the locker. The charges can range from Rs 500 to Rs 20,000. The fees are determined by factors such as the area where the locker is located and the size of the locker.

Canara Bank Locker Charges

In Canara Bank, the registration fee for a locker is Rs 400, plus GST. The locker rent itself can range from Rs 1,000 to Rs 10,000, with the final charge depending on the location and size of the locker.

ICICI Bank Locker Charges

ICICI Bank’s locker charges also depend on the area and locker size. The charges range from Rs 1,200 to Rs 22,000, based on these factors.

Axis Bank Locker Charges

At Axis Bank, locker charges vary from Rs 1,500 to approximately Rs 14,256. These charges depend on the size of the locker and the location where the facility is provided.