Bank Locker Charges Comparison of Various Banks in India
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Bank Locker Charges Comparison of Various Banks in India

  1. Bank Locker Charges Comparison of Various Banks in India

    Click Here to open a Trading Account with "Zerodha" through us and get FREE Training on Futures and Options Trading Strategies.
    Below are the locker charges of various banks in India. Please note that the sizes are not standard across banks and the charges may be nominal for the sizes.

    Most banks ask for Fixed Deposits of varying amounts from Rs 10,000/- to up-to Rs 60,000/- in Metro Cities based on demand in that area.

    JK Bank Locker Charges (Annual):
    JK Bank Locker Charges vary from Rs 600/- to Rs 2,500/- in Metro, Rs 550/- to 2,200/- in Urban and Rs 500/- to Rs 1,800/- in Semi-urban and rural areas.

    SBI Locker Charges (Annual):
    For Metro/Urban Areas:
    Small Size: Rs.1000/-
    Medium Size: Rs.2500/-
    Large Size: Rs.3000/-

    Bank of India Locker Charges (Annual):
    Bank of India Locker Charges vary from Rs 900/- to Rs 3,150/- in Metro, Rs 725/- to 2,800/- in Urban and Rs 550/- to Rs 2,500/- in Semi-urban and rural areas.

    Canara Bank Locker Charges (Annual):
    Canara Bank Locker Charges vary from Rs 700/- to Rs 3,500/- in Metro, Rs 600/- to 3,000/- in Urban and Rs 550/- to Rs 2,500/- in Semi-urban and rural areas.

    Karur Vysya Bank Locker Charges (Annual):
    Karur Vysya Bank Locker Charges vary from Rs 750/- to Rs 3,000/- in Metro, Rs 700/- to 2,500/- in Urban and Rs 500/- to Rs 2,000/- in Semi-urban and rural areas.

    Bank of Baroda Locker Charges (Annual):
    Bank of Baroda Locker Charges vary from Rs 900/- to Rs 3,750/- (exclusive of Service Tax) based on varying locker sizes


  2. Federal Bank Locker Charges (Annual):
    Federal Bank Locker Charges vary from Rs 700/- to Rs 6,000/- based on varying locker sizes in Metro/Urban areas.

    ICICI Bank Locker Charges (Annual):
    Rs 1,800 annually for the smaller locker size.
    Rs 4,000 for the large locker.

    Indian Bank Locker Charges (Annual):
    Indian Bank Locker Charges vary from Rs 900/- to Rs 5,000/- (exclusive of Service Tax) based on varying locker sizes

    Union Bank of India Locker Charges (Annual):
    Union Bank of India Locker Charges vary from Rs 1,100/- to Rs 5,515/- in Metro/Urban and Rs 825/- to Rs 4,410/- in Semi-urban & rural areas.

    IndusInd Bank Locker Charges (Annual):
    IndusInd Bank Locker Charges vary from Rs 2,000/- to Rs 8,000/- based on varying locker sizes

    ING Vysya Bank Locker Charges (Annual):
    IndusInd Bank Locker Charges vary from Rs 1,500/- to Rs 9,000/- in Metro/Urban, Rs 1,000/- to Rs 5,000/- in Semi-Urban and Rs 750/- to Rs 4,000/- in rural areas.







  3. Public banks may gather a sum as first deposit from the client for selecting locker. It is not compulsory to do so. But the attention on this first deposit quantity can be taken by financial institution as lease for using the locker service.

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