Bank Locker Charges: SBI VS HDFC Vs ICICI Vs Canara Vs Yes Bank

Bank lockers give individuals with a safe area to store important valuables, documents, and other possessions. Because different banks provide different services and amenities, it is critical to review the most recent bank locker prices before making a decision. Here's a comparison of the locker fees charged by HDFC Bank, SBI, ICICI Bank, Canara Bank, and Yes Bank, according to their websites.

SBI

SBI offers locker facilities to its customers across different branches. The annual rental charges for SBI lockers depend on the size and location of the locker. The bank would charge Rs 1500+GST for small size lockers for urban and metro customers, and Rs 1000+GST for rural and semi-urban users. SBI charges Rs 3000+GST for a medium-sized locker for urban and metro clients, and Rs 2000+GST for rural and semi-urban customers.

HDFC Bank

HDFC Bank provides a variety of locker sizes to meet a variety of demands. The bank charges an annual rental price for lockers, which varies depending on size, availability, and location. Annual locker rates can range from Rs 1350 to Rs 20,000.

It normally charges Rs 3,000 for medium lockers, Rs 7000 for large lockers, and Rs 15,000 for extra-large lockers in metro and metropolitan areas.

" Annual locker rentals starting from (Amount in Rs)
"
Location		Metro	Urban	Semi -Urban	Rural
Extra Small		1350	1100	1100	550
Small		2200	1650	1200	850
Medium		4000	3000	1550	1250
Extra medium		4400	3300	1750	1500
Large		10000	7000	4000	3300
Extra Large		20000	15000	11000	9000

ICICI Bank

ICICI Bank offers a variety of locker sizes and annual rental fees. For small capacity lockers, banks charge between Rs 1,200 and 5,000. The bank charges between Rs 2,500 and Rs 9,000 for medium-sized lockers, and between Rs 4,000 and Rs 15,000 for large lockers.

locker size		Approximate rental in INR* Excluding GST
Small		1,200 - 5,000
Medium		2,500 -9,000
Large		4,000 -15,000
Extra Large		10,000 - 22,000

Yes Bank

Yes Bank charges several sizes of lockers ranging from Rs 4,500 to Rs 32000.

locker size			Annual Locker Rental ( in Rs.)
Small	A,B		Upto Rs. 4,500
Medium	C,2A,D,E,2B1,H1,2B		Upto Rs. 10,000
Large	F,G,4A,2D,H,4B		Upto Rs. 20,000
Extra Large	L,L2,K,K1,4D,4D1		Upto Rs. 32,000

Canara Bank

Canara Bank customers pay Rs 400 + GST for a one-time locker registration cost. The service charge for locker operations is free for the first 12 operations per year, after which a charge of Rs. 100 per operation + GST would be levied.

Locker Size		Metro	Urban/ Semi Urban	Rural
Small		2000/-	1500/-	1000/-
Medium		4000/-	3000/-	2000/-
Large		7000/-	6000/-	4000/-
Very Large		10,000/-	8000/-	6000/-