Bank Locker Charges: The first bank was opened in India in 1770. The name of this bank was Bank of Hindustan. After this, three banks were opened by the British East India Company. Whose names were Bank of Bengal, Bank of Mumbai and Bank of Madras. Later it became Imperial Bank and today it is a part of State Bank of India. If we talk about Reserve Bank of India, it was established in 1935.
There was a time when only money was deposited in banks. But today banks provide you with many facilities. One of those facilities is the locker, which is provided by almost all banks to their customers. Today we will tell you how much it costs if you want to keep your money or any other valuable jewellery in a bank locker.
hdfc bank locker charges
HDFC Bank is the largest bank in India according to market cap. If you want to get a locker in HDFC Bank, you may have to pay from Rs 500 to Rs 20,000. Along with this, you also have to pay GST. Let us tell you that all banks provide lockers of different sizes.
And their charges are decided on the basis of different areas. That is, if you are buying a locker in Delhi, then you will have to pay a different price for it. If you are buying a locker in a small city, then you will have to pay a little less money.
SBI Bank Locker Charges
The largest public sector bank in India is State Bank of India i.e. SBI. If we talk about SBI’s bank locker, then you have to pay from Rs 1500 to Rs 9000. Let us tell you that you have to pay this amount on an annual basis.
Different amounts are charged for this depending on different places. Apart from this amount, you also have to pay GST. If we talk about the registration fee of SBI locker, it ranges from Rs 500 to Rs 1000.
You will have to pay this much money in Canara Bank, Axis Bank and ICICI Bank
If we talk about locker facility in Canara Bank, then for its registration you have to pay Rs 400 plus GST. If we talk about locker rent, then it ranges from Rs 1000 to Rs 10000. Whereas in Axis Bank you have to pay a charge of Rs 1500 to Rs 14,000 plus GST.
Locker service in ICICI Bank starts from Rs 1200. In which a maximum of Rs 22,000 has to be paid. Let us tell you that the rent of the locker is determined in all the banks according to the size and area. Accordingly, more or less money has to be paid.