Canara Bank · statement narration
LOCKER RENT
Also printed as: LOCKER CHARGES · SAFE DEPOSIT RENT · LOCKER RENT CHG · SDV RENT
Decoded
Annual rent for a safe deposit locker. The amount depends on locker size and branch location.
Hinglish meinSafe deposit locker ka saalana kiraya. Locker ke size aur branch ke area ke hisaab se alag hota hai.
LOCKER RENT on your Canara Bank statement — Annual rent for a safe deposit locker. The amount depends on locker size and branch location. The bank publishes a rate table, not one figure; the rates are below.
Read from Canara Bank — Non-Credit and Non-Forex Service Charges on 2026-09-05.
Locker charge: what other banks publish
Bank’s own figures, before GST. Where a bank publishes several rates, the bar runs from its lowest to its highest — its table below says which applies to whom. Tap a figure for its source.
What it costs, including GST3 rules · rate table, conditions and waiver
Retail Banking Service Charges · Branch
Annual locker rent at Metro branches: Small Rs 2000, Medium Rs 4000, Large Rs 7000, Very Large Rs 10000. These are the minimums the page publishes.
| Rate | Bank’s figure | With 18% GST |
|---|---|---|
| Small | ₹2,000 | ₹2,360 |
| Medium | ₹4,000 | ₹4,720 |
| Large | ₹7,000 | ₹8,260 |
| Very Large | ₹10,000 | ₹11,800 |
The bank's figure is before tax, so 18% GST is added on top.
Applies when: Canara Bank safe deposit lockers at Metro branches. The page states these amounts are minimums and that circles may charge higher, so the figure stored is a floor rather than a fixed price. GST is additional.
Retail Banking Service Charges · Branch
Annual locker rent at Rural branches: Small Rs 1000, Medium Rs 2000, Large Rs 4000, Very Large Rs 6000. These are the minimums the page publishes.
| Rate | Bank’s figure | With 18% GST |
|---|---|---|
| Small | ₹1,000 | ₹1,180 |
| Medium | ₹2,000 | ₹2,360 |
| Large | ₹4,000 | ₹4,720 |
| Very Large | ₹6,000 | ₹7,080 |
The bank's figure is before tax, so 18% GST is added on top.
Applies when: Canara Bank safe deposit lockers at Rural branches. The page states these amounts are minimums and that circles may charge higher, so the figure stored is a floor rather than a fixed price. GST is additional.
Retail Banking Service Charges · Branch
Annual locker rent at Urban and Semi-Urban branches: Small Rs 1500, Medium Rs 3000, Large Rs 6000, Very Large Rs 8000. These are the minimums the page publishes.
| Rate | Bank’s figure | With 18% GST |
|---|---|---|
| Small | ₹1,500 | ₹1,770 |
| Medium | ₹3,000 | ₹3,540 |
| Large | ₹6,000 | ₹7,080 |
| Very Large | ₹8,000 | ₹9,440 |
The bank's figure is before tax, so 18% GST is added on top.
Applies when: Canara Bank safe deposit lockers at Urban and Semi-Urban branches. The page states these amounts are minimums and that circles may charge higher, so the figure stored is a floor rather than a fixed price. GST is additional.
Why it happened and how to avoid it
Why it happened
Annual locker rent fell due on your locker.
How to avoid it
Paying several years in advance often earns a discount. Late payment adds a penalty, so pay on the due date.
Dispute this chargeRBI dispute template, ready to copy
Official source1 document
- Canara Bank — Non-Credit and Non-Forex Service Charges
Retrieved 2026-09-05
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