ICICI BANK LOCKER CHARGES (2023)

If you are looking for a secure way to store your valuables, ICICI Bank safe deposit lockers are the perfect solution. With various sizes available at multiple locations, you can have peace of mind knowing your important documents, jewelry, and other valuables are protected.

In this article you get to know about ICICI Bank locker charges. This article is written after referring locker charges mentioned in ICICI Bank official website and reading more than 5 articles related to ICICI Bank locker charges.

ICICI BANK LOCKER CHARGES YEARLY

Small: Approx. rental INR 1,200 – 5,000* excluding GST

Medium: Approx. rental INR 2,500 – 9,000* excluding GST

Large: Approx. rental INR 4,000 – 15,000* excluding GST

Extra Large: Approx. rental INR 10,000 – 22,000* excluding GST

FEATURES AND BENEFITS OF ICICI BANK SAFE DEPOSIT LOCKERS

1. Wide Availability: We offer a wide range of locker sizes at different branches for your convenience.

2. Extended Banking Hours: Access your lockers during extended banking hours for added flexibility.

3. Minimum Rental Period: Rent a locker for a minimum period of one year.

4. Available for All: Lockers can be hired by individuals, limited companies, associations, clubs, and trusts.

5. Nomination Facility: Ensure a smooth transition by utilizing the nomination facility.

6. Hassle-Free Payments: Pay for your locker rental seamlessly through your ICICI Bank account.

STANDARD OPERATING PROCEDURE FOR ICICI BANK SAFE DEPOSIT LOCKERS

1. Locker Allotment: Both savings and current account customers can avail the facility, with a maximum of five hirers per locker. A notarized locker agreement, application, and two photographs are required for availing the service. Additional documents are needed for current accounts.

2. Locker Access: Lockers can only be accessed during banking hours using the provided key and as per the mode of operation selected during allotment.

3. Addition or Deletion of Hirers: Addition or deletion of hirers requires a request letter signed by all locker hirers, along with relevant documents.

4. Nomination: Addition, Modification, Cancellation: The nomination process allows the addition, modification, or cancellation of nominees based on specific criteria.

5. Addition of Power of Attorney: Locker hirers can add a power of attorney holder by providing the necessary documents and notarized POA.

6. Locker Key Lost: In case of a lost key, immediate notification is required, and a new key can be obtained through the bank’s process.

7. Locker Surrender: Surrender your locker at any time during the contract period, following the bank’s procedure.

8. Locker Break Open: The bank may conduct a break open of the locker in specific scenarios, including customer request, non-payment of rent, and more.

9. Deceased Claim Settlement: Different documents are required for the settlement of lockers held singly, jointly, or with nomination in case of the hirer’s demise.

TERMS AND CONDITIONS OF ICICI BANK LOCKERS

Please note that the above rentals are indicative and may vary based on the locker size and branch category. For more information, visit/contact your nearest branch. Locker rent is charged annually and is payable in advance, subject to availability and ICICI Bank’s discretion.

Experience the peace of mind and security with our safe deposit lockers. Store your valuables with us and safeguard your future.

Absolutely! Let’s delve deeper into the benefits of safe deposit lockers and the peace of mind they provide:

Secure and Reliable Storage:

When it comes to safeguarding your valuable possessions, there’s no better option than a safe deposit locker. Unlike keeping them at home, where they might be susceptible to theft, fire, or other unforeseen events, a safe deposit locker offers a secure and reliable storage solution. The lockers are housed in a highly secure facility, equipped with advanced security measures like surveillance cameras, access control, and alarm systems, ensuring the utmost protection for your valuables.

Access at Your Convenience:

Our safe deposit lockers offer extended banking hours, making it convenient for you to access your belongings whenever you need them. Whether you need to retrieve important documents for a last-minute meeting or wish to store newly acquired valuables, you can do so during the extended hours, ensuring easy access without any hassles.

Customizable Sizes:

With various locker sizes available, you can select the one that best suits your needs. From small lockers for essential documents to larger ones capable of accommodating jewelry, precious metals, and larger items, you have the flexibility to choose the perfect locker size to meet your requirements.

Nomination Facility for Seamless Succession:

To ensure a smooth transition of ownership in case of unfortunate events, the nomination facility is available for locker holders. By nominating a trusted individual, you can be assured that your designated nominee will gain access to the locker and its contents, simplifying the succession process.

Transparent Fees and Charges:

At ICICI Bank, we believe in transparency, and our safe deposit locker fees and charges are no exception. You’ll know exactly what you’ll be paying, making it easier for you to plan your finances accordingly. Additionally, the rental fees are collected in advance, so you don’t have to worry about monthly payments.

Prompt Notifications for Locker Operations:

For your peace of mind, we send timely notifications via email and SMS after each locker operation. This ensures that you are aware of the date and time your locker was accessed, providing an added layer of security and vigilance over your valuables.

Fulfill Your Financial Goals:

Whether it’s securing your valuable jewelry, preserving important legal documents, or protecting cherished heirlooms, a safe deposit locker helps you take control of your financial future. By safeguarding your valuables, you can focus on achieving your financial goals with confidence and peace of mind.

FAQs

CONCLUSION

Dear reader in this article you get to know about Locker charges in ICICI Bank. Charges ranges between Rs 1200+GST to Rs 22000+GST.

Safe deposit lockers offered by ICICI Bank provide a safe, convenient, and customizable solution to store your valuables securely.

With transparent fees, easy access, and additional features like the nomination facility and prompt notifications, you can be assured of a hassle-free and reliable storage experience. Choose our safe deposit lockers today and take a significant step towards safeguarding your most treasured possessions and achieving financial peace of mind.

If you have any query regarding this locker charges kindly comment below.  

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