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In this article, check out the bank locker charges of three top private banks in India – HDFC Bank, ICICI Bank and Axis Bank.
People from various strata of society use bank lockers. (Photo credit: depositphotos)
New Delhi: There are few people in the world who do not use bank lockers to keep their valuable things, except of course those who want to hide their precious items for some reason or keep those things with them as cherished treasures.
People from various strata of society use bank lockers to keep their valuable items and belongings safe and secure. The banks give enhanced security like alarms, round-the-clock surveillance cameras, restricted areas, and more to reduce the risk of damage and theft. The Reserve Bank of India (RBI) has laid down certain rules for the usage of bank lockers.
The relationship between the bank and the person who hires a locker in the bank is of lessor and lessee; which means that a person hiring a locker is charged an annual locker fee for holding the locker with the bank. Several factors determine the amount like the locker’s size and the location of the branch in Metro and Urban or Semi Urban and Rural. In this article, we will take a look at the locker chargers of Axis Bank, HDFC Bank and ICICI Bank.
How much are locker charges in HDFC Bank?
For extra small lockers, the cost is Rs 1350 in Metro areas, Rs 1100 in the urban areas, Rs 1100 in semi-urban areas and Rs 550 in the rural areas.
For small lockers, the cost is Rs 2200 in Metro areas, Rs 1650 in the urban areas, Rs 1200 in semi-urban areas and Rs 850 in the rural areas.
For medium lockers, the cost is Rs 4000 in Metro areas, Rs 3000 in the urban areas, Rs 1550 in semi-urban areas and Rs 1250 in the rural areas.
For extra medium lockers, the cost is Rs 4400 in Metro areas, Rs 3300 in the urban areas, Rs 1750 in semi-urban areas and Rs 1500 in the rural areas.
For large lockers, the cost is Rs 10,000 in Metro areas, Rs 7000 in the urban areas, Rs 4000 in semi-urban areas and Rs 3300 in the rural areas.
For extra-large lockers, the cost is Rs 20,000 in Metro areas, Rs 15000 in the urban areas, Rs 11000 in semi-urban areas and Rs 9000 in the rural areas.
What are the locker charges in ICICI Bank?
For small lockers, the cost is Rs 1,200 in urban areas, Rs 2000 in semi-urban areas, Rs 3,000 in urban areas, Rs 3,500 in metro areas and Rs 4000 in metro+ areas.
For medium lockers, the cost is Rs 2,500 in urban areas, Rs 5000 in semi-urban areas, Rs 6000 in urban areas, Rs 7,500 in metro areas and Rs 9000 in metro+ areas.
For large lockers, the cost is Rs 4,000 in urban areas, Rs 7000 in semi-urban areas, Rs 10,000 in urban areas, Rs 13,000 in metro areas and Rs 15,000 in metro+ areas.
For extra-large lockers, the cost is Rs 10,000 in urban areas, Rs 15,000 in semi-urban areas, Rs 16,000 in urban areas, Rs 20,000 in metro areas and Rs 22,000 in metro+ areas.
What is the charge for lockers in Axis Bank?
In rural areas, a small locker costs Rs 1500, a medium-sized locker costs Rs 2200, a large locker costs Rs 5,000 and extra large lockers cost Rs 10,000.
In semi-urban areas, a small locker costs Rs 1700, a medium-sized locker costs Rs 2500, a large locker costs Rs 5,500 and extra large lockers cost Rs 11,000.
In metro and urban areas, a small locker costs Rs 3105, a medium-sized locker costs Rs 6900, a large locker costs Rs 11,800 and extra large lockers cost Rs 14,256.
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