Locker Rates

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  01.10.2015.

Locker's Type Rent Lien amt Inform of FDR
Small Locker Rs.800.00 P.A + S.Tax Rs.10000.00
Medium Rs.1500.00 P.A. + S.Tax Rs.20000.00
Big Rs.3000.00 P.A. + S. Tax Rs.40000.00
Extra Large Rs.6000.00 P.A + S.Tax Rs.50000.00

Ten Visits per quarter are free. For extra visit Rs.50.00 per visit + s. Tax.

Further it is to inform you that that the lien amount be taken as Fixed Deposit from the locker holders. The staff members of this Bank is exempted from FDR of lien amount and half the rate locker rent be charged from staff members. No concession for staff members for penalties in  respect of locker rent default.

Penalties for Locker Rent in default
Type Penalty charges per quarter or part thereof
Small Rs50.00
Medium Rs100.00
Large Rs150.00
Extra Large Rs.300.00

Any default will attract penalty charges of full quarter.

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.

No concession for staff members for penalties in respect of Locker rent.