Safe Deposit Locker Suggestion

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Deal Newbie
rk2022

I am thinking to get a Safe Deposit Locker at HDFC branch. I heard it's not so simple as paying locker charges. Agents play all kinds of tactics to open FDs, Mutual Funds etc and keep you on waiting lists. Can someone please guide on how to approach?

If there any other banks that are better, please suggest as well.

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Deal Newbie Deal Newbie
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You can book lockers online with axis bank and IndusInd through phone banking. The branch staff have no control over it. Even your locker number is assigned. You need to have accounts with these banks for it.

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Deal Major Deal Major
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Go to ur bank, they will charge you yearly rent+gst according to the size (small, medium,large).

They will book an fd for security.

They will take a stamp.paper from you along with some details.

That's it

Deal Subedar Deal Subedar
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And they try to cross sell insurance etc... first of all, say that you know they have to cross sell, but what's the minimum deal you can get (FD), they will stop and hopefully comply...

Blaze Blaze
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Location : Bangalore. I have enquired with few banks nearby my home in a locality about 15 kms away from City centre. Apart from bank locker charges yearly and one time locker agreement charges, FD required is canara, BoB - 10K, SBI, union Bank of India, PNB - 25K, south Indian Bank - 30K, federal Bank - 20K.. FD has lein on it, until closure of locker..
P.S :- the FD mentioned are for smallest size of locker available in the branch.

Blaze Blaze
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smz wrote:

Location : Bangalore. I have enquired with few banks nearby my home in a locality about 15 kms away from City centre. Apart from bank locker charges yearly and one time locker agreement charges, FD required is canara, BoB - 10K, SBI, union Bank of India, PNB - 25K, south Indian Bank - 30K, federal Bank - 20K.. FD has lein on it, until closure of locker..
P.S :- the FD mentioned are for smallest size of locker available in the branch.

Also in case of joint locker holding :- SBI, BOB. canara required both persons accounts OR a joint account in same branch, while union Bank of india, pnb, south indian bank, federal required only 1 person account+ other person KYC

Deal Newbie Deal Newbie
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You can book lockers online with axis bank and IndusInd through phone banking. The branch staff have no control over it. Even your locker number is assigned. You need to have accounts with these banks for it.

Deal Newbie Deal Newbie
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Thank you all for your valuable suggestions

Blaze Blaze
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kattupoochi wrote:

You can book lockers online with axis bank and IndusInd through phone banking. The branch staff have no control over it. Even your locker number is assigned. You need to have accounts with these banks for it.

Any FD required in Axis ?

Blaze Blaze
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smz wrote:

Any FD required in Axis ?

And locker registration charges - 1k+GST .. wow.. also rent are high compared to large PSB (SBI, BOB etc)  in metro/,urban. Like small locker showing 3105+GST =3664.. can anybody with axis account confirm small locker charges for City like Bangalore with pincode 560032..

Deal Newbie Deal Newbie
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Just checked Axis and charges for medium in semi urban are showing as 10,000 +GST + Registation charges 1k+ GST which is too high.

Deal Newbie Deal Newbie
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smz wrote:

Location : Bangalore. I have enquired with few banks nearby my home in a locality about 15 kms away from City centre. Apart from bank locker charges yearly and one time locker agreement charges, FD required is canara

Check once with TMB.

There staff in central India and above, have been humble,  professional and honest to us.. in our limited experience with them.

Deal Newbie Deal Newbie
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rk2022 wrote:

Just checked Axis and charges for medium in semi urban are showing as 10,000 +GST + Registation charges 1k+ GST which is too high.

Check SBI, TMB rates in your location... if Tamilnad Mercantile Bank Limited is present.

.

Nothing is 'too high' in new India.

Enjoy it.😔

Blaze Blaze
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kattupoochi wrote:

You can book lockers online with axis bank and IndusInd through phone banking. The branch staff have no control over it. Even your locker number is assigned. You need to have accounts with these banks for it.

Anybody can verify the small locket charges for Bangalore in indusind ? And any FD required?

Blaze Blaze
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gurpreetbhatti wrote:

Check once with TMB.

There staff in central India and above, have been humble,  professional and honest to us.. in our limited experience with them.

Actually I want to open locker in well established banks like govt- SBI/Bob/canara/PNB/UBI OR HDFC/icici/axis

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