Safe Deposit Locker

What's in store for you

More benefits than ever before

Security Benefits

  • Rest assured, your valuables are safeguarded with our highly secure lockers

Banking Benefits

  • Nomination facilities for hassle-free access

Accessibility Benefits

  • You can open a locker at over 9,616 branches nationwide

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Know more about Safe Deposit Locker

Fees & Charges

Annual Safe Deposit Locker Rental

w.e.f. 1st April 2026

Size

 *Rentals excluding GST
 
Metro Plus
 		 Metro
 		 Urban
 		 Semi Urban
 		 Rural
 

Extra small

₹ 4,000

₹ 3,300

₹ 2,200

₹ 2,200

₹ 1,000

Small

₹ 7,500

₹ 5,000

₹ 4,000

₹ 3,000

₹ 2,000

Medium

₹ 12,500

₹ 10,000

₹ 7,500

₹ 5,000

₹ 4,000

Extra Medium

₹ 15,000

₹ 12,500

₹ 8,000

₹ 5,000

₹ 4,000

Large

₹ 20,000

₹ 15,000

₹ 10,000

₹ 8,000

₹ 6,000

Extra Large

₹ 40,000

₹ 20,000

₹ 15,000

₹ 10,000

₹ 8,000

 

Note:  

  • *Rental charges may vary across branches within the same location category
  • Annual locker rent is levied and collected in advance.
  • The charges above are excluding GST. The final cost shall include 18% GST.
  • Locker rental rates are determined by locker size and branch location classification (Metro Plus/ Metro/ Urban/ Semi- Urban/ Rural).
  • For preferential rates, please contact your Relationship Manager or visit the branch.
  • Allotment of locker is subject to availability.
  • Contact the nearest branch for more details.
  • Click here  for State wise Stamp / Franking value applicable for executing Locker Agreement.

 

Card Management & Control

Locker Benefits

  • High Security
  • Protect your valuables and enjoy peace of mind with our highly secure lockers. 
  • Easy Accessibility 
  • You can open a locker at over 4,300 branches nationwide with a nominal rent which depends on the size of locker and the location at which the branches are situated. They are accessible during extended hours on working days. 
  • Instant Nomination 
  • Nomination facility is available on Safe deposit Lockers held by Individual/ Joint hirers/ Sole Proprietor that enables hassle free release of the locker contents to the nominee(s) of the hirer(s) in case of any unforeseen event.
  • Direct Debit
  • A direct debit facility is available for paying your locker rent, which is charged annually and payable in advance.
Card Reward and Redemption

Standard Operating Procedure

  • Click to learn about the standard operating procedure for Safe Deposit Locker 

Standard Agreement: 

  • Following RBI guidelines from Jan 23' 2023, banks must update Locker agreements by Dec 31, 2023. HDFC Bank customers using Locker facilities can download and complete new agreements promptly at the branch. 

  •  Click here to view/ download the Safe Deposit Locker Agreement. 

  •  Click here to view the Supplementary Locker agreement 

Card Management & Control

Most Important Terms and Conditions

  • *The Most Important Terms and Conditions for each of our banking offerings features all the specific terms and conditions that govern their use. You must go through it thoroughly to fully understand the terms and conditions applicable to any banking product you choose.
Card Management & Control

Frequently Asked Questions

A Safe Deposit Locker is a secure storage service offered by financial institutions where customers can rent lockers to safeguard valuables like jewellery, documents, and other important items. These lockers are housed in reinforced areas of the bank, protecting against theft, disasters, and other risks. 

A bank Safe Deposit Locker operates with a dual-key system, requiring both the customer’s key and the bank’s master key to open. The locker can only be accessed when both keys are used together, ensuring high security for the stored items. 

A Safe Deposit Locker can hold valuable items such as jewellery, important documents (like property deeds, wills, and passports), rare collectables, cash, and other significant personal or financial value items. 

You can open a Safe Deposit Locker if you are a customer with a banking relationship (if you have a Savings Account – Current Account) with us (subject to Safe Deposit Lockers availability). 

HDFC Bank’s Safe Deposit Lockers boast incredible features like high security. Our highly secure lockers, operated by our dual key system, ensure that your valuables are safeguarded. You can easily open a locker (subject to availability) at over 4,300 HDFC Bank branches across India. Additionally, the locker rates are dynamic and determined as per geographies, making them extremely affordable for people from all economic backgrounds and locations. HDFC Bank also offers nomination facilities, enabling your legal heirs to access your Locker during emergencies.

Safe Deposit Lockers offer secure storage for valuables, providing peace of mind against theft or loss. They also provide privacy and confidentiality, allowing customers to safeguard sensitive items from unauthorised access or damage at home or in the workplace. 

To apply for an HDFC Bank Safe Deposit Locker facility, visit your nearest branch, fill out the Locker Agreement form, provide two passport-size photographs, and ensure your account is active. Lockers are rented annually and are subject to availability and KYC compliance.