SBI locker: Know latest charges, revised guidelines

State Bank of India (SBI) has revised its locker rent charges which vary depending on location and size of the locker. It is also requesting its locker customers to contact their locker holding branch and execute the revised/supplementary locker agreement as applicable.

The Reserve Bank of India has directed all banks to ensure that at least 50% of their locker holders sign the new agreement by June 30, 2023. In addition, banks must have 75% of their clients sign the agreement by September 30 and reach 100% compliance by December 31.

SBI official Twitter account tweeted: “Bank has issued a revised/supplement locker agreement incorporating the customer’s rights. Customers availing locker facilities from SBI are requested to contact their locker holding branch and execute the revised/ supplement locker agreement as applicable.”

Latest SBI locker rent charges

SBI’s small locker rent charge

The bank charges Rs 2000+GST for urban and metro customers and Rs 1500+GST for rural and semi-urban.

SBI’s medium locker rent charge

The bank charges Rs 4000+GST for urban and metro customers and Rs 3000+GST for rural and semi-urban.

SBI’s large locker rent charge

The bank charges Rs 8000+GST for urban and metro customers and Rs 6000+GST for rural and semi-urban.

SBI’s extra large locker rent charge

The bank charges Rs 12,000+GST for urban and metro customers and Rs 9000+GST for rural and semi-urban.

SBI: Different types of safe deposit locker charges

Locker Visit Charge

Locker Rent Overdue Charge

Breaking open of Locker

Safe Custody charges

Safe deposit articles

SBI locker visit charges

SBI locker holders can make 12 free visits thereafter there will be a charge of Rs 100 /- + GST per visit. Readmore

Source By: economictimes

Leave a Reply

Your email address will not be published.