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 4,300 branches nationwide

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Know more about Safe Deposit Locker

Fees & Charges

Annual locker rentals starting from*
(Amount in Rs)
Location Metro Urban Semi-Urban Rural
Extra Small 1350 1100 1100 550
Small 2200 1650 1200 850
Medium 4000 3000 1550 1250
Extra medium 4400 3300 1750 1500
Large 10000 7000 4000 3300
Extra Large 20000 15000 11000 9000

Note:  

  • *Rentals may vary between branches under same location.
  • Locker’s rent is charged annually and is collected in advance.
  • Our lockers rentals vary based on locker size and branch location.
  • Call your Locker home branch to find the right location and Locker rent applicable. (Metro/ Urban/ Semi- Urban/ Rural).
  • The costing currently does not include GST. The final cost will include 18% GST amount.
  • Disclaimer-Allotment of lockers is subject to availability.
  • 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.