India’s 3rd largest Nationalised Bank, Canara Bank offers Safe Deposit Lockers service to its customers across all Canara bank branches, where Canara customers can safely store their valuable items or documents in Canara bank’s highly secured Safe Deposit Locker.
Individuals, Firms, Companies, associations or Clubs, Trustees can open the locker. See below for Canara Bank Locker Charges, Deposit Charges, Annual Fee Charges, How To Open Locker, Nomination, Locker visit charges, duplicate keys and Other Details.
Canara Bank Locker Charges
Currently, Canara Bank offers a Locker facility in multiple sizes and the Locker Rent charges depend on the location of the Canara branch and the size of the Safe Deposit Locker.
Canara Bank has 4 types of Locker Sizes of Small, Medium, Large and Very Large. Let’s see below for Locker Rent charge per annum and Locker Security Deposit charges below.
| Size | Metro | Urban/Semi Urban | Rural |
| Small | Rs 2000 | Rs 1500 | Rs 1000 |
| Medium | Rs 4000 | Rs 3000 | Rs 2000 |
| Large | Rs 7000 | Rs 6000 | Rs 4000 |
| Very Large | Rs 10000 | Rs 8000 | Rs 6000 |
For Canara Supreme and Canara Power Plus account holders, you will get 25 % concession on Small or Medium-sized lockers.
Canara Bank Security Deposit
When you open a locker with Canara Bank you need to pay Locker Registration charges of Rs. 400 which is a one-time charge and also you need to make Locker Security Deposit and these charges depends on the area/branch of the locker and size of the locker, see below for Canara Bank Security Deposit charges.
| Size | Metro | Urban/Semi Urban | Rural |
| Small | Rs 12000 | Rs 10000 | Rs 8000 |
| Medium | Rs 15000 | Rs 14000 | Rs 10000 |
| Large | Rs 20000 | Rs 20000 | Rs 15000 |
| Very Large | Rs 25000 | Rs 25000 | Rs 20000 |
Canara Bank also offers Insta Locker where the renting is for a shorter period of 1 day to 60 days, Locker Deposit is Rs.5000 for All Branches.
Canara Bank Locker Visit Charges
Locker Visit charges are free for 12 visits per year and beyond the limit Rs 100 + GST will be charged per visit.
Canara Bank Locker keys Lost
If you have lost the Safe deposit locker keys then to issue the duplicate keys Rs 1000 will be charged.
The charges for Locker will be a direct debit of rent from your Canara Bank account.
To open the locker just visit your branch and request for the opening of a Safe Locker deposit.
Canara Bank allows the opening of a locker in Joint names and also you can do nominations while opening of the locker.