Bank also offers you safe ,trustworthy Lockers of different sizes to store your valuable, jewelry, documents and other valuable things are available in bank to the depositors of the Bank in Kala Sanghian ,Balerkhan Pur, WadalaKalan, Sheikhu Pur, Model Town Kapurthala, City Branch Kapurthala, Model Town Phagwara, Rehana Jattan, Palahi, Hoshiar Pur Road Branch Phagwara, Sultan pur Lodhi ,Bholath, Nadala, Ibrahimwal, Begowal, Dhilwan,
Locker Rent as per detail given below w.e.f 16.10.2017.
Penalties for locker rent default
Rs.800.00 p.a Rs.15000 in SB A/C
Rs.1500.00 P.a Rs.15000 in SB A/C
Rs.2500.00 p.a Rs.25000 in SB A/C
Rs.4000.00 p.a Rs.25000 in SB A/C
Branches must ensure to mark minimum balance lien in S/B account linked with respective locker A/C.
Penalties charges per quarter or part thereof
Any default will attract penalty charges for full quarter
50% concession on one locker rent
Note. In case of loss of key of expenditure incurred for breaking open the locker and changing the lock by the manufacturers of lockers, should be recovered from the account holder
Penalty – same as to be charged from other customer
The rent should due w.e.f.1st of succeeding Month ,in which locker is leased out. One month may be allowed for payment of rent due.