Bank Locker New Charges: The limit of registration and free visit may vary in different banks. Bank locker has its own benefits, where you can keep your valuables safe.
Bank Locker New Charges: If you use a bank locker then this news is for you. Many major banks of the country have changed the locker charge from November. After the new change, the locker rent has increased. Let us tell you that the rent of the locker depends on its size and branch location (metro, urban, semi-urban, rural). Apart from this, you also have to pay registration charge and 18 percent GST for the locker. The bank gives you free visit within a fixed limit of the year, after the limit you have to pay separate charge + GST for each visit.
There is a limit for free visit
The limit of registration and free visit may vary in different banks. Bank locker has its own benefits, where you can keep your valuables safe. This is the reason why there is a huge demand for lockers in metro and urban locations. Let us find out which bank is charging how much for a locker right now.
State Bank of India
The country’s largest government bank – SBI is giving its customers in metro and urban locations small size lockers at Rs 2000, medium size lockers at Rs 4000, large size lockers at Rs 8000 and extra large size lockers at Rs 12,000 per year on rent. Apart from this, this bank is giving small size lockers in semi-urban and rural locations at Rs 1500, medium size lockers at Rs 3000, large size lockers at Rs 6000 and extra large size lockers at Rs 9000 per year on rent.
Punjab National Bank
Public sector Punjab National Bank (PNB) is offering its customers small size lockers at Rs 2000, medium size lockers at Rs 3500, large size lockers at Rs 5500, very large size lockers at Rs 8000 and extra large size lockers at Rs 10,000 per year in urban and metro locations.