Wednesday, November 6, 2024

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Financial institution Locker Expenses: From SBI to HDFC and ICICI – Know locker expenses of 5 main banks


Financial institution Locker Expenses: Many banks supply locker amenities to maintain your priceless objects secure. Individuals typically use lockers to retailer essential paperwork, jewellry, and different valuables, which is why they’re additionally known as Secure Deposit Lockers. Nevertheless, it is essential to notice that locker amenities usually are not free – you have to to pay expenses to the financial institution. Right here’s a breakdown of the locker expenses at 5 main banks in India.

SBI Financial institution Locker Expenses

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Earlier than availing a locker on the State Financial institution of India (SBI), you have to be conscious that a number of expenses might apply, together with locker lease, registration charges, and expenses for frequent visits. The locker lease can vary from Rs 1,500 to Rs 9,000, and a GST will likely be charged individually. Moreover, chances are you’ll must pay a registration price of Rs 500 to Rs 1,000.

HDFC Financial institution Locker Expenses

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HDFC Financial institution expenses for locker amenities range relying on the situation and the dimensions of the locker. The costs can vary from Rs 500 to Rs 20,000. The charges are decided by elements corresponding to the realm the place the locker is positioned and the dimensions of the locker.

Canara Financial institution Locker Expenses

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In Canara Financial institution, the registration price for a locker is Rs 400, plus GST. The locker lease itself can vary from Rs 1,000 to Rs 10,000, with the ultimate cost relying on the situation and measurement of the locker.

ICICI Financial institution Locker Expenses

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ICICI Financial institution’s locker expenses additionally rely on the realm and locker measurement. The costs vary from Rs 1,200 to Rs 22,000, primarily based on these elements.

Axis Financial institution Locker Expenses

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At Axis Financial institution, locker expenses range from Rs 1,500 to roughly Rs 14,256. These expenses rely on the dimensions of the locker and the situation the place the power is supplied.



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