Are you looking to know about YES Bank Locker charges/rent? If yes, then you came to right blog article.
In this article you get to know about YES Bank locker charges/rent. This article is written after referring locker charges mentioned in YES Bank official website and reading more than 5 (Five) articles related to YES Bank locker charges. These charges are based on different sizes.
INTROUDUCTION TO YES BANK LOCKER
In today’s world, keeping our valuable belongings safe is crucial. YES, BANK understands this and offers Safe Deposit Lockers across multiple locations. Whether you need a small, medium, large, or extra-large locker, YES BANK has various sizes to choose from. Let’s explore the features, benefits, and common questions about YES BANK Lockers.
YES BANK LOCKER RENT/ CHARGES
The annual locker rental charges vary based on the locker size:
Small Locker (A, B): Up to Rs. 4,500
Medium Locker (C, 2A, D, E, 2B1, H1, 2B): Up to Rs. 10,000
Large Locker (F, G, 4A, 2D, H, 4B): Up to Rs. 20,000
Extra-Large Locker (L, L2, K, K1, 4D, 4D1): Up to Rs. 32,000
Please note that GST (as applicable) will be added to the locker rentals. For special rates, kindly get in touch with your Relationship Manager or visit your branch.
DOCUMENTS REQUIRED FOR LOCKER
To occupy a locker at Yes Bank, certain important documents are required to establish ownership of the safe deposit locker. Below are the documents that need to be provided:
KYC Details
The customer must provide the Know Your Customer (KYC) details that are linked to their Yes Bank account, along with the PAN card and Aadhaar card.
- Savings or Current Account Details
The customer needs to provide the details of their savings or current account with Yes Bank.
- Passport-Size Photo
One passport-size color photo of the customer is required for identification purposes.
- Locker Agreement:
The customer will need to sign a locker agreement, which outlines the terms and conditions of using the locker facility.
- Security Deposit:
A security deposit must be made for the locker rent. The specific amount will be communicated by the bank.
By providing these necessary documents, customers can secure a locker at Yes Bank and enjoy the benefits of safe storage for their valuable possessions.
YES BANK LOCKER FEATURES AND BENEFITS
Different Locker Sizes:
YES BANK provides lockers in different sizes to suit customers needs. Customer can choose from small, medium, large, or extra-large lockers.
- Special Rates:
Depending on your relationship with the bank, you may enjoy special rental rates, making it more affordable to secure your valuables.
- Access Anywhere:
You can access your locker at any YES BANK branch, it means you need to have locker in your home branch only you can have locker at any YES Bank Branch. This ensures convenience and flexibility.
- Extended Hours:
YES BANK offers extended banking hours, allowing you more time to access your locker when needed.
- Automatic Rent Payment:
On the due date, your locker rent can be automatically deducted from your linked Bank Account, ensuring you never miss a payment.
- Nomination Facility:
You can nominate individuals to have access to your locker in case of any unforeseen circumstances. This provides added peace of mind.
- Top-notch Security:
YES BANK employs advanced security features and burglar alarm systems to protect your valuables effectively.
FAQ’s
Lockers are available for individuals, corporate bodies, associations, societies, and trusts that have savings or current accounts with YES BANK. However, minors (below 18 years) cannot have lockers. Existing customers need to provide an ID proof and photographs. New customers must submit all the required Know Your Customer (KYC) documents as per the bank’s guidelines. Yes, lockers can be taken jointly. A maximum of four people can be joint holders of a locker. Yes, having a savings or current account with YES BANK is mandatory to avail of a locker. Yes, you can share a locker with a non-YES BANK customer. In such cases, the non-YES BANK customer needs to submit their KYC documents as per the bank’s guidelines. Yes, you can get a locker at any YES BANK branch, regardless of your home branch. You can access your locker during regular banking hours on all working days. To keep your locker active, you need to operate it at least once a year. Yes, you can nominate individuals to have access to your locker in case of any unfortunate events. However, nominations are not allowed for corporate bodies, firms, trusts, associations, or societies. If you lose your locker key, report it to the branch immediately. They will guide you on the necessary steps to take.1. Who can get a locker?
2. What documents are required to get a locker?
3. Can lockers be taken jointly?
4. Is it necessary to have a savings or current account with YES BANK?
5. Can I share a locker with a non-YES BANK customer?
6. Can I get a locker at a branch other than my home branch?
7. What are the timings for accessing the locker?
8. How often do I need to use the locker?
9. Is a nomination facility available for lockers?
10. What should I do if I lose my locker key?
CONCLUSION
Dear reader in this article you get to know about YES Bank locker charges/rent, YES bank locker features, locker operation by its customers. Locker charges in YES Bank ranges between Rs 4500+GST to Rs 32,000+GST. YES BANK’s Safe Deposit Lockers provide a safe and convenient solution to protect your valuable items. With different locker sizes, top-notch security measures, and the flexibility to access lockers at various branches, YES BANK ensures the safety of your belongings. Visit your nearest branch to explore the available options and secure your valuables with YES BANK today.
If you have any questions regarding YES Bank locker charges kindly comment below. Dear readers you are requested to read other bank locker charges articles to get more information.
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