Punjab National 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.
- Small · Rural
Small · Rural, ₹1,000 + 18% GST
From Punjab National Bank — Safe Deposit Locker Annual Rental Tariff
Verified
- ₹1,000 + 18% GST
- Small · Semi-Urban
Small · Semi-Urban, ₹1,500 + 18% GST
From Punjab National Bank — Safe Deposit Locker Annual Rental Tariff
Verified
- ₹1,500 + 18% GST
LOCKER RENT on your Punjab National 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.
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 GST1 rule · rate table, conditions and waiver
Retail Banking Service Charges · Branch
Annual locker rental based on size (Small to Extra Large) and branch centre classification effective October 1, 2025. Includes 12 free locker visits per year; additional visits Rs100/visit (+ GST).
| Rate | Bank’s figure | With 18% GST |
|---|---|---|
| Small · Rural | ₹1,000 | ₹1,180 |
| Small · Semi-Urban | ₹1,500 | ₹1,770 |
| Small · Urban / Metro | ₹2,000 | ₹2,360 |
| Medium · Rural | ₹2,500 | ₹2,950 |
| Medium · Semi-Urban | ₹3,000 | ₹3,540 |
| Medium · Urban / Metro | ₹4,000 | ₹4,720 |
| Large · Rural | ₹4,000 | ₹4,720 |
| Large · Semi-Urban | ₹5,000 | ₹5,900 |
| Large · Urban / Metro | ₹6,500 | ₹7,670 |
| Very Large · Rural | ₹6,000 | ₹7,080 |
| Very Large · Semi-Urban | ₹7,000 | ₹8,260 |
| Very Large · Urban / Metro | ₹8,500 | ₹10,030 |
| Extra Large · Rural | ₹10,000 | ₹11,800 |
| Extra Large · Semi-Urban | ₹10,500 | ₹12,390 |
| Extra Large · Urban / Metro | ₹11,000 | ₹12,980 |
The bank's figure is before tax, so 18% GST is added on top.
Applies when: Applies to all Punjab National Bank safe deposit locker holders. Delayed payment attracts penalty.
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
- Punjab National Bank — Safe Deposit Locker Annual Rental Tariff
Retrieved 2026-08-25
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