HDFC Bank is going to make changes in its safe deposit locker rental structure, in which a new Metro Plus category will be started and the annual charges will be increased according to the locker size. The updated rates will be applicable from April 1, 2026. Under the new framework, locker rent will vary depending on locker size and branch location classification – Metro Plus, Metro, Urban, Semi-Urban and Rural, along with 18% GST.
According to ET report, HDFC Bank has made its locker access rules more stringent after several incidents of theft in banks. Senior officials said it has made Aadhaar linked biometric authentication mandatory for all locker holders before granting access.
Locker rent may vary depending on the branch at the same location. Locker rent is charged annually and is taken in advance. Locker rent varies depending on the size of the locker and branch location. Locker rent is based on locker size and branch location classification. GST is not included in the current expenditure. The final total will include 18% GST charge.
HDFC Bank Metro Plus Locker Rent (From 1st April 2026)
| Size |
New Annual Fee (in ₹)
|
| Extra Small | ₹4,000 |
| Small | ₹7,500 |
| Medium | ₹12,500 |
| Extra Medium | ₹15,000 |
| Large | ₹20,000 |
| Extra Large | ₹40,000 |
HDFC Bank Locker Rent
| Size | 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 |
What is a safe deposit locker?
Safe deposit locker is a secure storage service provided by financial institutions, where customers can rent a locker for safekeeping of jewellery, documents and other important items. These lockers are kept in strong places of the bank, which protect against theft, troubles and other dangers.