SBI Locker Charges Security Deposit Service Charges
Banking Locker Charges State Bank of India

SBI Locker Charges Security Deposit Service Charges and Annual Fee Charges

If you are a State Bank of India SBI Customer and want to open a Safe Deposit Lockers then there are some basic service charges applicable for SBI Locker, check all the charges below, and how to open a SBI locker.

SBI Locker Charges

Currently SBI has 11 types of Safe Deposit Lockers in terms of Size and price varies based on the locker size and location like Metro, Urban or Semi-Urban, Rural.

SBI Safe Deposit Lockers

SBI Small Deposit Locker

Available in 2 sizes
Size A – 125 X 175 x 492
Size B – 159 X 210 X 492

Charges for Size A and Size B SBI Small Deposit Lockers in Metro and Urban Areas is Rs 2000 + GST Annually and in Semi Urban and Rural Rs 1500 + GST + Taxes.

SBI Medium Locker

Medium Deposit locker is available in 4 sizes

Size C – 125 X 352 X 492
Size D – 189 X 263 X 492
Size E – 159 X 423 X 492
Size H1 – 325 X 210 X 492

Charges for above Medium SBI locker in Metro and Urban Areas is Rs 4000 + GST and in Semi Urban Districts and Rural is Rs 3000 + GST.

SBI Locker Charges Security Deposit Service Charges

SBI Large Deposit Locker Size and Charges

SBI has 3 large deposit lockers and below are its dimension and size
Size F – 278 X 352 X 492
Size G – 189 X 529 X 492
Size H – 325 X 423 X 492

Charges are RS 8000 + GST in Metro and Urban and Rs 6000 + GST in Semi Urban and Rural Areas.

Extra Large SBI Locker

Available in 2 dimensions

Size L 404 X 529 X 492

Size L1 385 X 529 X 492

Charges are Rs 12000 + GST in Metro and Urban Areas and Rs 9000 + GST in Semi-Urban districts or Rural places.

Note: Above mentioned security deposit lockers charges are applied annually or yearly.

How many Times you can Visit Lockers

Yearly you can have free 12 Locker visits to the SBI Branch and after 12 visits you will be charged Rs.100 + GST per every visit.

SBI Loss of Locker Key

What to do in case if you have lost your SBI Deposit locker key?

In case of loss of key of the lockers, a service charge of Rs 10000 + ST will be charged and expenditure incurred in breaking open the locker and changing of key by the manufacturer of lockers.

One Time Locker Registration Charges is Rs 500 + GST for Small/ Medium Lockers and for Large/Extra Large lockers Rs 1000+GST.

Locker Rent Overdue Charges are applicable based on the annual rent.

SBI Locker Discount

For Salary Package Accounts and Platinum variant Accounts, you will get 25% concession on locker Rent.

For Diamond variant Accounts then 15% concession on Locker Rent.