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Q.

What are The Charges for Bank Locker?

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31 days

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0 2024-11-22T10:03:41+00:00

I had some jewellery and documents that I wanted to keep safe. My father suggested I rent a bank locker to keep them safe. I had an HDFC Bank account, and thus, I planned to opt for their bank locker. I called their customer service and asked for the bank locker charges. First, he asked about whether I am from a metro, urban, semi-urban or rural area. After that, here is what he said.

What are the Bank Locker Charges Per Month?

After hearing his question, I asked him how that is relevant and he told me that the charges differ based on the type of the area. I told him I lived in metro city and after that; he provided me with a list of charges. I have added the list here. 

Type of Locker

Charges for Metro Area

Extra Small

Rs. 1,350

Small

Rs. 2,200

Medium

Rs. 4,000

Extra medium

Rs. 4,400

Large

Rs. 10,000

Extra Large

Rs. 20,000

These are the bank locker per month charges he had told me about. He also told me that the rental charges need to be paid in advance annually, and it will have an 18% GST amount. And that’s all I learned from the bank employee and planned to go with a medium size locker. 

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