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HomePersonal FinanceBank Locker New Rule: Big news! Know the rules before taking lockers...

Bank Locker New Rule: Big news! Know the rules before taking lockers in these 5 banks, otherwise you will have to pay more charges

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Do you have a locker in any bank or are you preparing to get a locker in a big bank very soon. Whatever your planning, it is very important for you to know one thing.


Do you have a locker in any bank or are you preparing to get a locker in a big bank very soon. Whatever your planning, it is very important for you to know one thing. People often like to take lockers for their important documents, precious jewellery. In whichever bank you take the locker, you have to pay its rent every year. Which usually goes away from the interest of fixed deposits. If this is not the case then you have to pay extra charge. Therefore, it is important to know which bank is giving you the locker under which rules.

SBI
According to the information given on the SBI website, the charge of the locker will have to be deposited on the basis of its size and city. This charge can range from five hundred to three thousand. In bigger cities, the charge for keeping the locker can be even higher. In metro cities, this fee can range from four thousand to 12 thousand rupees. Once the locker is opened in SBI, you can operate it twelve times in a year for free. For operating more than this, you will have to pay a fee which will be 100 rupees plus GST.

HDFC
According to the information recorded on the site of this bank, you can get lockers from extra small to large size here. HDFC has also kept the charges different according to the locker and city. If we talk about extra small size lockers, then in big cities the fee has been kept at 1350. 11 hundred in small towns while in villages this fee is Rs 550 annually. As the size of the locker and the city increases, the fee also gets higher. Which ranges from Rs 850 to Rs 20 thousand. The slab of 9 thousand to 20 thousand is for the largest size locker.

Axis Bank
Axis Bank lockers will also be available from Rs 27 hundred to Rs 10 thousand 8 hundred according to the city and size. However, the bank has given free visits only three times in a year. After this, you will have to pay Rs.100 plus GST.

ICICI Bank
Before taking a locker in ICICI Bank, it is necessary to open an account there. After that every year advance rent has to be deposited. This locker rent can range from 12 hundred to 22 thousand according to the city and size. An additional feature is that five tenants can take one locker together. Due to which the fee will be divided among five.

PNB
PNB has recently fixed the locker rents. Which ranges from 1250 to ten thousand rupees. Like SBI, PNB is also offering 12 free visits in a year. After this, Rs 100 and GST will have to be paid separately.

Pravesh Maurya
Pravesh Maurya
Pravesh Maurya, has 5 years of experience in writing Finance Content, Entertainment news, Cricket and more. He has done BA in English. He loves to Play Sports and read books in free time. In case of any complain or feedback, please contact me @ businessleaguein@gmail.com
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