Safe Deposit Locker

Safe Deposit Locker

Lockers available in 3 sizes​
Be assured about the safety of your valuables in our highly secure lockers
  • Locker facility available at over 499 branches 

  • Three size options available to accommodate range of contents 

  • Competitive locker rentals  

  • Convenient and free direct debit of rent from your Bandhan Bank account 

  • Nomination facility available  

Services Charge Description*
Locker rent (per annum) Small - ₹3,000, Semi-Medium - ₹4,500, Medium - ₹6,000, Large - ₹9,000
Locker rent overdue charges (all sizes) 1st quarter-rent + 10% of annual rent
2nd quarter-rent + 25% of annual rent
3rd quarter-rent + 40% of annual rent
4th quarter-rent + 50% of annual rent
Breaking open of locker ₹500 plus actual cost of breaking locker and change of Lock

*Exclusive of applicable taxes

 

  • Locker rent is charged annually and collected in advance  

  • Annual rent collected will not be refunded to the customer on surrender 

  • Lockers shall be rented or hired to existing account holders only who are KYC compliant and have satisfactory operations in account excluding minors

  • Allotment of lockers will be on first cum first service basis based on application format, agreement and other documents in line with regulatory guidelines and banks internal guidelines, as amended from time to time

  • Rent of the locker is indicative and may vary between branches under same/different location

  • For detailed terms and conditions, it may be advised to visit the nearest branch for details

  • When a customer surrenders a locker, the refund of rent, if any, shall be made for the unexpired period of the contraction on a pro-rata monthly basis. If the locker is in joint names, then all the hirers need to sign a letter, informing the Bank about their surrendering of the locker

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