United Bank of India Locker Charges

UBI Locker Charges

United Bank of India Service Charge for Locker rent varies based on the size of the locker and the location of the locker.

Currently United Bank of India has 10 types of Locker Type. See below for locker charges and locker sizes.

UBI Free Locker Visits

In one year you can do 24 free visits or operations. After 24 free visits you will be charged Rs 100 per every visit.

Operations in the locker will be stopped if rent is not paid on due date.

How to Open UBI Locker

Visit the home branch where you have the UBI account and request them for opening of a safe deposit locker, pay the deposit charges and open.

Lost UBI Locker Keys

If you have lost the keys of your safe deposit locker then you need to immediately inform the branch.

And a service charge of Rs 520 has to be paid and actual expenditure incurred in breaking open the locker and changing of key by manufacturer of locker to be recovered manually.

Penal Charges for Locker Rent in Default:

For A, B, C, D Locker size Rs 70 per quarter
For H1,E,F,G Locker size Rs 90 per quarter
For H,L Locker size Rs 150 per quarter

The post United Bank of India Locker Charges Deposit Charges and Other Details appeared first on TechAccent.

Union Bank of India has 11 types of Safe Deposit Security Lockers and the price and charges depends on the size of the locker and location of the branch like Rural or Semi-urban or Urban or Metro areas.

Union Bank of India Locker Charges

You can open Safe Deposit Locker at your home branch of Union Bank of India account and it can be opened by individuals – either singly or jointly, Partnership Firms, Companies, Associations and Clubs. Check below how to open security deposit locker below.

For opening a locker you have to pay 3 years rent in advance and the amount is based on the size of the locker.

How to Open Union Bank of India Locker

Visit the branch and fill the security locker opening document and submit to the branch authority along with below list of copies KYC documents, Passport size Photograph, Current or Savings account Passbook, Security Deposit, Locker Agreement.

Note: You need to pay advance amount of 3 years on the type of locker you are opting for.

Penal interest @ 18% on rent overdue with the minimum of Rs.5 will be levied.

Lost Union Bank Of India Locker Keys

If for any reason you have lost your Union bank of India security deposit locker key then you need to visit the branch .

Loss of Safe Deposit Locker Key:

Charges for loss of locker key is Rs 1000 + Rs 180 (18% GST) = Rs 1180

UBI branch will break the locker in front of you and issue a new locker key.

How many Times You Can Open Locker for Free

You can visit the branch and open your locker only 12 times per year and if you want to open more than 12 free operations then there will be some charges applicable.

Per each extra operation you need to Pay Rs 50 + Rs 9 GST(18%) = Rs 59

If the locker is surrendered before 3 years you get your deposit amount back for example if you are surrendering after 1 year 5 months then you get only 1 year deposit amount back.

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