Bank's Locker: Private or government, which bank's locker is cheaper?

It is very important to keep your earnings, jewellery, important documents, and valuables safe. Sometimes there is a risk of them being stolen if kept at home. In such a situation, if you want to keep your valuables in a safe place, then a bank locker is considered a safe place for that. But bank lockers are also different, such as private bank lockers and government bank lockers. Let us tell you whether a government locker will be cheaper for you or a private locker.

All banks have different locker charges. Their prices also vary based on villages, cities, and metro cities. We will tell you about the rent of government banks, State Bank of India, Punjab National Bank, and private banks, HDFC, ICICI Bank, in cities and metro cities.

SBI locker charges

SBI locker charges are different for every branch and city. At the same time, the money is more or less according to the size of the locker. In urban and metro cities, the annual fee for a small locker is Rs 2,000 + GST, for a medium locker it is Rs 4,000 + GST, for a large locker it is Rs 8,000 + GST , and for an extra large locker it is Rs 12,000 + GST.

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