SBI Locker Charges 2026

By Mayashree Acharya

|

Obtain the locker application form from the bank officials, fill it out

State Bank of India (SBI) offers secure locker facilities to help customers safely store valuables like jewelry, documents, and other important items. SBI charges an annual locker fee based on locker size and branch location. Read on to learn about SBI locker charges, how to book a locker, rules you must follow, and other important details.

Types of Bank Lockers in SBI Bank

State Bank of India mainly has four variants of lockers, which are as follows:

  • Small 
  • Medium 
  • Large 
  • Extra Large 

SBI Bank Locker Charges

SBI locker charges mainly depend on the size of the locker. The below table provides the different SBI locker charges:

Locker SizeUrban & Metro ChargesRural & Semi-Urban Charges
Small₹2,000 + GST₹1,500 + GST
Medium₹4,000 + GST₹3,000 + GST
Large₹8,000 + GST₹6,000 + GST
Extra Large₹12,000 + GST₹9,000 + GST

SBI Locker Charges for Gold

SBI does not charge any different fees to store gold in the lockers. The SBI locker charges for keeping gold are the same as the charges for different locker sizes across different locations (as provided in the table above). 

How To Check Locker Availability in SBI Bank?

Locker availability can be checked online through the SBI Locker Enquiry page or via Net Banking under e-Services > Online Locker. Select the state, district, and PIN code to find branches with available lockers, then visit the branch to complete the booking process.

SBI Locker Eligibility and Documents Required

The eligibility criteria to get an SBI locker is as follows:

  • The KYC of your account should be updated as per the latest guidelines.
  • You must have had savings or a current account in SBI Bank for the last 3 years.
  • Your account should be active, and if there have been no transactions for the last year, you will not be eligible.
  • You have to maintain a good account balance from the last 1 year to get a locker.
  • If you are a VIP customer or HNI or have a salary account, you do not need to make a term deposit for your locker in SBI Bank.

You need to submit these documents to open a new locker in SBI Bank:

  • Application form
  • Two passport-size photographs
  • Identity proof (Driver's licence, voter ID, passport, Aadhaar card, etc.)
  • Address proof (Aadhaar card, passport, rent agreement, utility bills, etc.)
  • Permanent Account Number (PAN) card

How To Open Locker Facility in SBI Bank?

Here are the steps to open a locker facility in SBI: 

Step 1: Visit the online locker enquiry page of SBI and enter the details to check the availability of the locker.

Step 2: Visit the SBI bank branch where there is an availability of a locker.

Step 3: Get the locker application form from the bank officials, fill the form, and submit it along with the required documents.

Step 4: The bank will provide a waitlist number if lockers are unavailable for immediate allotment. SBI bank allows new locker openings only on a first-come, first-serve basis. 

Step 5: SBI will allot a locker when available and send a written letter to your registered residential address. 

Step 6: Once you receive the letter, you need to visit the bank within 15 days to claim the locker facility. 

After these steps, SBI will complete further processes as per KYC norms, and the rules are the same for new or existing customers of SBI vaults.

How to Close SBI Bank Locker?

To close your SBI locker, you must visit the branch in person. Request the bank officials to initiate the closure. Before closing, ensure all dues and locker charges are cleared. You will need to remove all items and return the keys to the bank. A duplicate copy of the locker surrender document will be provided for your records.

SBI Bank Locker Operation Rules

These are some important terms and conditions you should know before applying for a State Bank of India locker:

  • Rent: Locker rent is paid annually in advance.
  • Penalty: Overdue rent attracts quarterly charges of 10%, 20%, 30%, and 40%.
  • Break-open: Lockers may be opened by the bank if rent remains unpaid for over a year after due notice.
  • Visits: 12 free locker visits are allowed each year; extra visits cost ₹100 + GST.
  • Registration: One-time fee of ₹500 + GST for Small/Medium lockers and ₹1,000 + GST for Large/Extra Large lockers.
  • Restrictions: Hazardous, perishable, and illegal items are not permitted.
  • Nomination: A nominee can be added during or after locker allotment.
  • Inactivity: Long periods of non-use may require customer confirmation or operation of the locker.

SBI locker facilities offer a safe and secure way to store your valuables, documents, and jewelry. Locker charges depend on the size of the locker and the branch location, with GST applicable. Customers must pay annual rent, maintain updated KYC, and follow SBI's locker rules carefully. By booking a locker at a nearby SBI branch, you can safeguard your important items with peace of mind.

Bank Locker Related Articles: 
1. ICICI Bank Locker Charges 
2. HDFC Bank Locker Charges

Related SBI Articles: 
1. SBI ATM Withdrawal Limit For Different Types Of SBI Debit Cards 
2. SBI Car Loan Customer Care (24x7 Toll Free) Number 
3. How to Check and Download SBI Loan Statement? 
4. How to Pay SBI Credit Card Bill? 
5. How To Redeem SBI Credit Card Reward Points 
6. SBI Debit Card Charges Withdrawal Charges Per Year 
7. SBI Credit Card Status 
8. SBI Cashback Credit Card Benefits 
9. YONO SBI: Registration, APP Download, Login And Customer Care Number

Frequently Asked Questions

What are the locker charges in SBI Bank?
Are there any additional charges apart from annual rent?
Is GST applicable on locker rent?
What is the security deposit for an SBI locker?
How many free visits are allowed per year?
What happens if I don’t pay the locker rent on time?
Can I pay the locker rent online?
Is there any concession in locker charges for senior citizens?
How can I surrender my SBI locker?
Clear Logo
Follow us on
FacebookTwitterLinkedInGitHubInstagram
Have a query?
Support
Company
About us
Contact us
Careers
Media & press
User reviews
Engineering blog
Clear Library
FinTech glossary
ClearTax Chronicles
Trust & Safety
Products
Calculators
Other Calculators
Retirement Planning Calculator
PPF Calculator
Gratuity Calculator
EPF Calculator
SWP Calculator
NPS Calculator
Guides & Blogs
Personal Finance Guides
Pan Card
Aadhaar Card
Ration Card
UPI
NEFT
IMPS
Market Trackers
IPO
What is Grey Market Premium
Types of IPO
How to Check IPO Allotment Status