If you are a South Indian Bank SIB Customer then SIB offers multiple safe deposit Locker facility based on the location of the SIB branch. Its always better to protect you valuable items be it documents/ornaments in a secure deposit locker, See below for South Indian Bank Locker Charges, SIB Deposit Charges, Annual Fee Charges, How To Open Locker And Other Details.
South Indian Bank Locker Charges
Currently South Indian Bank has locker facility in 88 SIB branches, and the locker rent facility is available in 11 categories they are Alpha, Beta, Gamma, Delta, EpsilonZeta, Eta, Theta, Iota, Kappa, Lambda.
SIB Locker Charges
Below are SIB Locker Charges based on Locker Size, SIB Locker Dimensions and Charges for Year. The safe deposit lockers are rented out for a minimum period of one year. You can also do Nomination on your Locker.
For Metro Location Locker Charges are:
For Urban Branch Locker Charges are:
For Semi Urban or Rural Location Locker Charges are:
While opening a locker in South India Bank SIB One Time Registration Fee of Rs 250 will be charged.
SIB Locker Visits
You can visit the locker free for 10 times in a month beyond that Rs.50 for every additional locker operation.
SIB Locker Keys Lost
If you have lost the South Indian Bank SIB locker keys then report to the branch head, For breaking open of lockers then Actual Break Open Charge Incurred + Rs.250 will be charged.
If locker rent is not paid then penalty charges will be applicable.