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Bank Locker charges: If you use bank locker to keep your valuables safe then this news is important for you. The country's famous banks SBI and PNB have revised the bank locker charges from November, read to know how much the bank locker rent has changed after the new change.
Increase in bank locker charges: some banks
november Bank locker charges from Rs. Has increased. Bank locker registration and charges may vary from bank to bank. However, it depends on the size of the locker, location of the branch (metro city, semi-urban, rural).
SBI Locker Fees:
India's largest banks State Bank of India Locker charges have been revised.
| locker size | fee in rural areas | Fees in metro/suburban areas |
| small locker | Rs 1500 | Rs 2000 |
| medium locker | Rs 3000 | Rs 4000 |
| a big locker | Rs 6000 | Rs 8000 |
| a very big locker | Rs 9000 | Rs 12,000 |
Public sector Punjab National Bank has also revised the locker charges.
| locker size | amendment fee |
| small locker | Rs 2000 |
| medium locker | Rs 3500 |
| big locker | Rs 5500 |
| a very big locker | Rs 8000 |
| extra large locker | Rs 10,000 |
Customers purchasing bank locker will also have to pay 18% GST in addition to the registration fee for the locker. Additionally, there is no charge for the use of the locker when visiting the bank within a certain limit during the year. For using the locker more than the limit, separate charge + GST has to be paid.