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Diwaker is concerned about her mother’s valuable jewellery in their home. Diwaker’s mother was worried, as her neighbourhood friend told her to keep the jewellery safe in lockers.
Diwaker convinced his mother to rent a locker space at the ICICI Bank. Recent statistics have shown that the ICICI Bank’s lockers are the most secure storage option for keeping valuable items and expensive jewellery.
The ICICI Bank lockers are highly secure, with advanced safety features like biometric access, CCTV surveillance, and 24/7 monitoring. Diwaker highlighted the convenience of accessing it during its working hours, along with an option to add a nominee, allowing the family to access the locker if needed.
Read More – ICICI Bank Mini Statement
Mrs. Sharma was worried about the financial unsustainability until Diwaker came up with a piece of information that small lockers ask for annual charges starting at ₹2,000 with additional service levels at reasonable fees. Diwaker conveyed to her mother that the security deposit paid to the company could be refunded when users surrender their locker and return it to the bank.
ICICI Bank Locker Charges 2025 (Updated Fee)
Locker Size | Annual Charges (INR) |
Small | ₹ 2,000 - ₹ 4,000 |
Medium | ₹ 4,000 - ₹ 6,000 |
Large |
Locker Size | Security Deposit (INR) |
Small | ₹ 5,000 - ₹ 7,000 |
Medium | ₹ 7,000 - ₹ 10,000 |
Large |
Eligibility Criteria of ICIC Bank Locker |
ICICI Bank requirements mandate that your account belong to either Savings or current type. |
You must be at least 18 years old. |
The bank requires a positive relationship with account holders to maintain sufficient funds. |
Required Documents |
Identity Proof: Aadhaar Card, PAN Card, Passport, Voter ID, or Driving License. |
Address Proof: Aadhaar Card, Utility Bill, Passport, or Rent Agreement.
Passport-Sized Photographs: 2 recent photographs.
Account Details: Your ICICI Bank account number and passbook.
KYC Form: Complete the KYC (Know Your Customer) form provided by the bank.
Step 1: Visit the nearest ICICI Bank branch. You can find your nearest ICICI Bank branch with the help of their Branch Locator.
Step 2: To initiate the application process, one should request an application form for a bank locker from ICICI Bank branches.
Step 3: Fill in the required details and attach documents like address proof.
Step 4: After completing your form, submit it to the bank representative.
₹ 6,000 - ₹ 8,000
Extra-Large | ₹ 8,000 - ₹ 12,000 |
₹ 10,000 - ₹ 15,000
Extra-Large | ₹ 15,000 - ₹ 20,000 |
*T&C Apply
Step 5: When ICICI Bank verifies your documents, the bank approves your Bank Locker.
Step 1: Visit the ICICI Bank branch.
Step 2: Take all the items from the bank locker and ensure they are empty.
Step 3: When you take all the items from the bank locker, inform the staff that “I remove all belongings from the bank locker, and I want to close it today.”
Step 4: Return the locker key to the bank staff, which the bank gave you when you came to open the locker. If you miss the keys the bank provided, you must pay a replacement fee.
Step 5: The ICICI Bank verifies the locker and checks the outstanding dues; if there are no, the ICICI Bank refunds your security deposit to your bank account.
The ICICI Bank protects clients' belongings, such as jewellery and documents. The storage options at ICICI Bank include small, medium-large, and extra-large lockers to match all types of customer requirements.
Customers can afford ICICI Bank locker services through their transparent pricing system that requires annual payments between ₹ 2,000 and ₹ 12,000. The trustworthiness of this storage service increases because money deposited at the time of booking can be refunded.
Also Read - ICICI Bank Net Banking
All individuals need to understand the requirements for locker rental at ICICI Bank which makes the process convenient. Advanced security systems such as biometric entry, 24/7 monitoring, and CCTV surveillance create the utmost safety environment for vaulted belongings. Those who rent lockers at ICICI Bank can select a nominee who access the locker when necessary.
What are the locker charges at ICICI Bank in 2025?
Small lockers at ICICI Bank have an annual cost that falls within ₹ 2,000 to ₹ 4,000, yet medium lockers span from ₹ 4,000 to ₹ 6,000. The yearly prices of large lockers span from ₹ 6,000 to ₹ 8,000, and extra-large lockers range from ₹ 8,000 to ₹ 12,000.
Is a security deposit required in ICICI Bank?
“YES” ICICI Bank demands customers to make a refundable security deposit when customers want to rent a locker facility with high-level security.
What happens if I lose my locker key?
A lost ICICI Bank locker key requires immediate notification to the bank for key replacement. A replacement key costs between ₹ 500 and ₹ 1,000. which you must pay to the bank.
Are GST charges applicable on locker rentals?
‘Yes’, the annual rental fees of ICICI Bank lockers must include Goods and Services Tax at its current rate of 18%.
Can I upgrade or downgrade my locker size?
Yes, the upgrading or downgrading of ICICI Bank locker size is possible when the bank approves the changes in locker size and available locker sizes. Also, size depends upon the branch location.
Other Bank Locker Charges | ||
