If you are an IDBI Bank customer and would like to open a security deposit locker to safeguard your assets then see below how to open a deposit locker in IDBI, price and size of the locker based on the area you locate. Check below for IDBI Bank Locker Charges and other details.
IDBI Bank Locker Charges
Firstly, let’s see how to open a safe deposit locker in IDBI Bank.
How to Open IDBI Bank Locker
Visit your home branch of IDBI and fill an application to open a locker and submit then you need to pay 1 year rent as deposit charges for opening a locker. And you need below documents
1. KYC documents
2. Passport size Photograph
3. Current or Savings account
4. Security Deposit
5. Locker Agreement
IDBI Locker Charges
Currently, IDBI Bank has 4 types of safe deposit lockers with Base and Premium Types and the Locker price charges vary based on the branch location, see below image.
Annual Locker Rent Charges:
One time Administrative Charges of Rs 555 will be charged and it Non Refundable.
IDBI Locker Discount
#1. For IDBI Bank Staff/Employees locker charges will be less than normal customers. They are eligible for 50% discount on the Annual Locker Rent for one locker only. Applicable Scheme codes RSSTF or RSSOD only.
#2. For Super Shakti & Jubilee Plus Savings account holders shall be eligible for annual
rent discount on any one locker of size A or size B only per account.
#3. For Power Plus Account Holders shall be eligible for 25% discount on locker charges.
#4. For Preferred IDBI Account customers shall be eligible for 50% discount on the annual locker rent on any size of Locker, for one locker only per account.
#5. IDBI Royale: Free Small size locker (A* size locker) or 50% discount on rent for sizes beyond.
#6. Royale Plus: Free “A to G” size locker or 50% Discount on sizes beyond. Discount
available for only one locker per account
IDBI Bank Free Locker Visits
In one year you can visit your IDBI locker 12 times for free.
After 12 free visits are finised than Rs 100 is charged for each visit to the locker.
IDBI Bank Locker Visit Timings
The Hirer/customer can operate the Safe Deposit Locker only on Bank’s working days and during business hours.
Lost IDBI Locker Keys
If you have lost your IDBI safe deposit locker keys then immediately report to IDBI branch.
For Loss of key / Drill Rs 500 is charged + Actual Charges
Locker Penal Charges for overdue rent:
Upto first quarter: 10% of annual rent.
Upto two quarters: 20% of annual rent.
Upto three quarters: 30% of annual rent.
Upto four quarters: 40% of annual rent.