Locker facility service is provided by almost all the major banks in India. And Canara Bank is one among them. This article helps you out with the process to apply for Canara Bank locker facility.
This facility is provided by almost all the banks does not mean that every branch has this facility. The safe locker facility is available only in the select branches of the bank.
So before you decide about applying for a safe locker in your home branch. You should check if this facility is available in your home branch.
The locker facility service is not provided for free to the customers. The customers like you and me will have to pay for the locker based on the size of the locker.
| Locker Size | Metro | Urban or Semi-Urban | Rural |
| Small | Rs. 2,000 | Rs. 1,500 | Rs. 1,000 |
| Medium | Rs. 4,000 | Rs. 3,000 | Rs. 2,000 |
| Large | Rs. 7,000 | Rs. 6,000 | Rs. 4,000 |
| Very Large | Rs. 10,000 | Rs. 8,000 | Rs. 6,000 |
These charges are indicative and shall differ from branch to branch. The GST will be applicable extra to the above-mentioned charges.
| Locker Size | Metro | Urban or Semi-Urban | Rural |
| Small | Rs. 12,000 | Rs. 10,000 | Rs. 8,000 |
| Medium | Rs. 15,000 | Rs. 14,000 | Rs. 10,000 |
| Large | Rs. 20,000 | Rs. 20,000 | Rs. 15,000 |
| Very Large | Rs. 25,000 | Rs. 25,000 | Rs. 20,000 |
| Sealed Cover / Packet | Rs. 750 minimum per cover per annum |
| 10x10x10cc sealed box | Rs. 750 p.a. (minimum) |
| 20x20x20cc sealed box | Rs. 1,500 p.a. (minimum) |
| 30x30x30cc sealed box | Rs. 2,000 p.a. (minimum) |
Individuals, firms, companies, associations or clubs, and Trustees are eligible to hire a locker in Canara Bank. If you are an individual then you can choose to hold the locker completely for yourself. Or you can even hold it jointly with another individual.
Yes, you can add a nominee for your safe locker. And it is in fact highly recommend that you add one. The bank does not charge anything extra to add a nominee.
