Indian Bank offers its customers the freedom to select the size of their locker depending on their preferences. The cost of lockers varies according to their type and location. The following is a comparison of locker charges across SBI, PNB, HDFC Bank, ICICI Bank, and Axis Bank.
SBI Locker Charges 2025
Charges for SBI lockers are mostly determined by the branch location and locker size. There is also a one-time locker registration charge of ₹1,000 + GST for large and extra-large lockers and ₹500 + GST for small and medium-sized lockers. SBI does not impose additional costs on you for storing gold in lockers.
The various SBI locker charges are listed in the table below:
| Locker Size | Locker Charges | |
| Urban and Metro | Rural and Semi-Urban | |
| Small | ₹1,500 + GST | ₹1,000 + GST |
| Medium | ₹3,000 + GST | ₹2,000 + GST |
| Large | ₹6,000 + GST | ₹5,000 + GST |
| Extra Large | ₹9,000 + GST | ₹7,000 + GST |
PNB Locker Charges 2025
According to the slab, Punjab National Bank locker rental charges
do not include the 25% surcharge applied to specific urban branches. Urban and metro branches require a one-time locker registration fee of ₹500, whereas rural and semi-urban branches require ₹200.
| Type of Locker | Semi /Urban | Urban/ Metro |
| Small | ₹1,250 | ₹2,000 |
| Medium | ₹2,500 | ₹3,500 |
| Large | ₹3,000 | ₹5,500 |
| Very Large | ₹6,000 | ₹8,000 |
| Extra Large | ₹10,000 | ₹10,000 |
HDFC Bank Locker Charges 2025
Secure deposit lockers are provided by HDFC Bank, one of India’s top private sector banks, to satisfy the various needs of its clients. These lockers offer a dependable and efficient means for people to securely keep their valuables. The size of the lockers and the location branch determine the rental charges. The HDFC Bank locker charges are as follows:
| Size | Rental Charges Based on Location (In Rs) | |||
| Metro | Urban | Semi-urban | Rural | |
| Extra Small | ₹1,350 | ₹1,100 | ₹1,100 | ₹550 |
| Small | ₹2,200 | ₹1,650 | ₹1,200 | ₹850 |
| Medium | ₹4,000 | ₹3,000 | ₹1,550 | ₹1,250 |
| Extra Medium | ₹4,400 | ₹3,300 | ₹1,750 | ₹1,500 |
| Large | ₹10,000 | ₹7,000 | ₹4,000 | ₹3,300 |
| Extra Large | ₹20,000 | ₹15,000 | ₹11,000 | ₹9,000 |
ICICI Bank Locker Charges 2025
Offering a broad range of banking and financial services, ICICI Bank caters to both corporate and private customers. ICICI Bank, one of India’s leading financial institutions, provides safe locker facilities for each client’s needs. The cost of renting an ICICI Bank locker varies based on the size and branch location. The ICICI Bank locker charges are as follows:
| Size | Approximate Rental Cost (in Rs) |
| Small | ₹1,200 – ₹4,000 |
| Medium | ₹2,500 – ₹9,000 |
| Large | ₹4,000 – ₹15,000 |
| Extra Large | ₹10,000 – ₹22,000 |
Axis Bank Locker Charges 2025
Customers of Axis Bank have access to a safe and secure locker facility. Axis Bank locker charges include a nomination feature and are automatically deducted from your bank account. The size of your locker and the branch location determine the Axis Bank locker charges. The 2025 Axis Bank locker fees are shown in the table below:
| Location | Locker Size | Rents Starting From* |
| Metro/Urban | Small | ₹3,105 |
| Medium | ₹6,900 | |
| Large | ₹11,800 | |
| X-Large | ₹14,256 | |
| Semi-urban | Small | ₹1,700 |
| Medium | ₹2,500 | |
| Large | ₹5,500 | |
| X-Large | ₹11,000 | |
| Rural | Small | ₹1,500 |
| Medium | ₹2,200 | |
| Large | ₹5,000 | |
| X-Large | ₹10,000 |
*Note – Additional GST applies to the above charges
(Edited by : Sudarsanan Mani)
First Published: May 20, 2025 3:06 PM IST
