PNB locker charges revised: Check how much people need to pay in rural, semi-urban, urban and metro areas

Punjab National Bank (PNB) has reduced locker rent charges for different locker categories, as per a notice issued from the bank on October 16, 2025. The revised rates will come into effect 30 days after being published on the bank’s website. As per the new rate structure, locker rents have been reduced across all regions and locker sizes.

In rural areas, the rent for a small locker has been reduced from Rs 1,000 to Rs 750, while the medium locker rent will now cost Rs 1,900 instead of Rs 2,500. In semi-urban areas, the rent for a small locker has been cut from Rs 1,500 to Rs 1,150, and the rent for a medium locker has come down from Rs 3,000 to Rs 2,250. In urban and metro locations, the rent for a small locker has been reduced from Rs 2,000 to Rs 1,500, and the rent for a medium locker has been cut from Rs 4,000 to Rs 3,000.

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PNB locker charges

Type of Locker	Rural	Semi Urban	Urban/ Metro
Small	Rs.1000/-	Rs.1250/-	Rs.2000/-
Medium	Rs.2200/-	Rs.2500/-	Rs.3500/-
Large	Rs.2500/-	Rs.3000/-	Rs.5500/-
Very Large	Rs.6000/-	Rs.6000/-	Rs.8000/-
Extra Large	Rs.10,000/-	Rs.10,000/-	Rs.10,000/-

Locker charges as on October 17, 2025

PNB customers will be allowed 12 free locker visits per financial year. For any additional visit beyond this limit, a charge of Rs 100 per visit will be applicable.

Further, branches have been instructed to include the following clause in the locker lease register at the time of issuing new lockers:
“I/We agree to pay Rs 100 per operation beyond 12 operations in a financial year.”

Under what conditions bank locker will be break open-
· The break open of the locker can be under following circumstances: -
· In the event that the locker holder misplaces the key and asks to have the locker opened at their expense.
· If the bank has been contacted by government enforcement organisations requesting access to lockers after receiving court orders or other necessary competent authority to take the lockers
· If the bank believes that the locker must be reclaimed because the renter is not cooperating or following the terms and conditions of the contract.

According to the PNB website, “Before breaking open the locker, three notices to the locker-hirer be given. through a letter and b. through the registered email and c. through the SMS alert on the registered mobile phone number. If the letter is returned undelivered or the locker-hirer is not traceable, a public notice be issued in two newspaper dailies (one in English and another in a local language) having wide circulation at the last-known residential address, giving 15 days’ time to the locker-hirer or to any other person/s who has interest in the contents of locker to respond. Also the undelivered letter with noting of Post-office be kept in record.”