Check if you're paying too much for a bank locker?

Size *Rentals excluding GST Metro Plus Metro Urban Semi Urban Rural Extra small Rs 4,000 Rs 3,300 Rs 2,200 Rs 2,200 Rs 1,000 Small Rs 7,500 Rs 5,000 Rs 4,000 Rs 3,000 Rs 2,000 Medium Rs 12,500 Rs 10,000 Rs 7,500 Rs 5,000 Rs 4,000 Extra Medium Rs 15,000 Rs 12,500 Rs 8,000 Rs 5,000 Rs 4,000 Large Rs 20,000 Rs 15,000 Rs 10,000 Rs 8,000 Rs 6,000 Extra Large Rs 40,000 Rs 20,000 Rs 15,000 Rs 10,000 Rs 8,000

ICICI Bank locker charges

Location Rural Semi - Urban Urban Metro Metro + Small Rs 1,320 2,200 3,300 3,850 4,400 Medium Rs 2,750 5,500 6,600 8,250 9,900 Large 4,400 Rs 7,700 11,000 14,300 16,500 Extra Large 11,000 16,500 Rs 17,600 22,000 24,200

Type Locker Sizes Included Urban & Metro Charges Rural & Semi-Urban Charges Small Size A (125×175×492), Size B (159×210×492), Size C (125×352×492) Rs 2,000 + GST Rs 1,500 + GST Medium Size D (189×263×492), Size E (159×423×492), Size H1 (325×210×492) Rs 4,000 + GST Rs 3,000 + GST Large Size F (278×352×492), Size G (189×529×492) Rs 8,000 + GST Rs 6,000 + GST Extra Large Size H (325×423×492), Size L (404×529×492), Size L1 (385×529×492) Rs 12,000 + GST Rs 9,000 + GST

Axis Bank locker charges

Size Metro Plus Metro Urban Semi-Urban Rural Extra Small Rs 4,000 Rs 3,300 Rs 2,200 Rs 2,200 Rs 1,000 Small Rs 7,500 Rs 5,000 Rs 4,000 Rs 3,000 Rs 2,000 Medium Rs 12,500 Rs 10,000 Rs 7,500 Rs 5,000 Rs 4,000 Extra Medium Rs 15,000 Rs 12,500 Rs 8,000 Rs 5,000 Rs 4,000 Large Rs 20,000 Rs 15,000 Rs 10,000 Rs 8,000 Rs 6,000 Extra Large Rs 40,000 Rs 20,000 Rs 15,000 Rs 10,000 Rs 8,000

Canara Bank locker charges

Locker Size Metro (Rs ) Urban / Semi-Urban (Rs ) Rural (Rs ) Small 2,000 1,500 1,000 Medium 4,000 3,000 2,000 Large 7,000 6,000 4,000 Very Large 10,000 8,000 6,000

Safe deposit locker charges

One time registration charge:

Locker rent overdue charge:

Break open charge for locker:

To keep your valuables safe, many banks offer safe deposit locker facility at select bank branches. Depending on the size of the locker and the location of the branch, an annual locker rent is charged which is collected in advance.HDFC Bank has hiked its locker charges effective April 1, 2026. Now let us compare the locker charges of HDFC Bank, ICICI Bank, SBI, Canara Bank and Axis Bank.In addition to the annual locker rent, banks also levy various extra charges that customers should consider before availing of a safe deposit locker facility. These may vary from one bank to another, but they generally include:A fee payable at the time of the allotment of the locker, covering administrative and documentation costs.Locker visits charge over the prescribed number of operations:Customers are allowed a certain number of free visits to operate the locker in a year. Any visits beyond this limit attract additional charges.If the annual locker rent is not paid by the due date, the bank may levy an overdue penalty.In cases where the locker needs to be forcibly opened, such as for non-payment of rent, loss of keys, or on the customer's request, charges for break-open, replacement of the lock, and related procedures will apply.