Federal Bank offers safe deposit lockers facility to its customers where you can safely store your valuable items or document in Federal bank highly secured Safe Deposit Locker, See below for Federal Bank Locker Charges, Deposit Charges, Annual Fee Charges, How To Open Locker, Nomination for Locker, Locker visit charges, duplicate keys, and Other Details.
Federal Bank Locker Charges
Currently, Federal Bank offers Locker facilities in multiple sizes and the price depends on the location of the Federal bank branch and the size of the Safe Deposit Locker.
Federal Bank has 3 types of Size of locker Small, Medium and Large. Let’s see charges per annum and Key Deposit charges below.
Locker Charges in Metro/Urban Branches
For Small Size locker Rent per annum is Rs 2250 and deposit charges are Rs 15,000.
For Medium Size locker Rent per annum is Rs 3250 and deposit charges are Rs 20,000.
For Large Size locker Rent per annum is Rs 6500 and deposit charges are Rs 25,000.
Locker Charges in Rural/ Semi Urban Branches
For Small Size locker Rent per annum is Rs 1500 and deposit charges are Rs 10,000.
For Medium Size locker Rent per annum is Rs 2600 and deposit charges are Rs 15,000.
For Large Size locker Rent per annum is Rs 5000 and deposit charges are Rs 20,000.
Federal Bank Locker Dimensions
Apart from the above Federal Bank Locker Dimensions or Size bank also 13 types of locker sizes in Metro/Urban branches and if below lockers dimensions are available in Rural/Semi-Urban Branches then it will be 80% of the charges of Metro/Urban areas.
Please see the below images for the Size of the locker in Height, Width, and Depth along with yearly Rent charges and Key Deposit charges which are to be paid when opening the locker.
Note: Locker Rent at Federal experience centre are different.
Federal Bank Locker Visit Charges
Locker Visit charges are free for 20 visits per year and beyond the limit, Rs 100 will be charged per visit.
Federal Bank Locker keys Lost
If you have lost Safe deposit locker keys then to issue the duplicate keys Rs 1000 will be charged.
What to do When Locker keys Lost?
First, visit the Branch and inform the authority that you have lost the locker keys and ask for a new key replacement by paying the charges.
The charges for Locker will be a direct debit of rent from your Federal Bank account.
To open the locker just visit your branch and request for the opening of a Safe Locker deposit.
Federal Bank allows the opening of a locker in Joint names, When a customer surrenders a safety locker, the refund of rent, will be paid on a pro-rata monthly basis.