The State Bank of India has notified a list of revised rental charges for Safe Deposit Lockers with effect from 31st March 2020.
As per the notification, the maximum amount of Rs. 3000 per year increased for Extra Large Lockers in Metro and Urban. And a minimum amount of Rs. 500 increased for Small Type Lockers in Semi-Urban and Rural areas.
The new list of revised rates of rental charges for Safe Deposit Lockers effective from 31.3.2020
| Population Group | Metro and Urban | Semi-Urban and Rural | ||
| Locker Size | Existing Charges* | Proposed Charges* | Existing Charges* | Proposed Charges* |
| Small | Rs. 1,500 | Rs. 2,000 | Rs. 1,000 | Rs. 1,500 |
| Medium | Rs. 3,000 | Rs. 4,000 | Rs. 2,000 | Rs. 3,000 |
| Large | Rs. 6,000 | Rs. 8,000 | Rs. 5,000 | Rs. 6,000 |
| Extra Large | Rs. 9,000 | Rs. 12,000 | Rs. 7,000 | Rs. 9,000 |
| (*excluding GST) | ||||