Keeping valuables in HDFC Bank will be expensive, prices will increase by 184%!
HDFC Bank is going to change its safe deposit locker rental structure from April 1, 2026. With the new Metro Plus category, rent will be determined based on size and location.
HDFC Bank is revising its safe deposit locker rental structure, introducing a new Metro Plus category and increasing annual charges based on locker size. The updated rates will be effective April 1, 2026.
Under the new framework, locker rent will vary based on locker size and branch location classification – Metro Plus, Metro, Urban, Semi-Urban, and Rural. 18% GST will also be applicable.
According to an ET report, HDFC Bank has tightened its locker access rules following a series of thefts at the bank.
Senior officials said it has made Aadhaar-linked biometric authentication mandatory for all locker holders before granting access.
Locker rents may vary by branch within the same location. Locker rents are charged annually and are collected in advance. Locker rents vary depending on locker size and branch location.
Locker rents are based on locker size and branch location classification. Current costs do not include GST. The final total will include an 18% GST charge.
HDFC Bank Metro Plus Locker Rentals (from April 1, 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