Axis Bank Locker Charges 2025

1. Large Lockers: Meant for bulkier items such as files, legal documents, and valuables 

1. Extra Large Lockers: Offer maximum space, used by businesses or individuals with extensive storage needs 

Annual Locker Rent (2025) 

Here's a summary of locker charges for 2025: 

Note: GST at 18% is applicable over the above charges. 

Additional Charges 

1. One-time Registration Fee: ₹500 + GST 

1. Free Visits Per Year: 12; thereafter ₹100 + GST per visit 

1. Lost Key Replacement: Actual cost + ₹1,000 + GST 

1. Late Rent Payment Penalty: ₹200 + GST 

Security Deposit 

Axis Bank may ask customers to open a Fixed Deposit to cover: 

1. 3 years of locker rent 

1. Charges for breaking open the locker (if needed) 

How To Check Locker Availability in Axis Bank? 

To check if a locker is available at your preferred Axis Bank branch: 

1. Online: Visit Axis Bank website, go to "Services" > "Safe Deposit Locker" 

1. Branch Visit: Visit the nearest branch and request availability status 

1. Customer Care: Call Axis Bank customer care or your relationship manager 

1. Mobile App: Use Axis Mobile app or internet banking to check availability if the feature is enabled for your account 

Note: Locker allotment is based on availability and is usually on a first-come, first-served basis. 

Axis Bank Locker Eligibility and Documents Required 

Who Can Apply? 

1. Individuals (single or joint account holders) 

1. Proprietorship firms 

1. Companies and partnerships 

1. HUFs (Hindu Undivided Families) 

1. Trusts 

Documents Required 

1. Filled Locker Application Form 

1. Valid Identity Proof (Aadhaar, PAN, Passport, etc.) 

1. Address Proof (Utility bill, Aadhaar, etc.) 

1. Recent Passport Size Photograph 

1. KYC-compliant Bank Account with Axis Bank 

Note: Existing Axis Bank customers can link locker service to their savings or current account. 

How To Open Locker Facility in Axis Bank? 

You can open an Axis Bank locker either online (through enquiry and appointment booking) or offline by visiting a branch. Here’s how: 

Online – Through Internet Banking 

Customers with an active Axis Bank account can request a locker online using Net Banking: 

Step 1: Log in to your Axis Bank Internet Banking account. 

Step 2: Go to the ‘Apply Now’ section and choose ‘Locker Booking’. 

Step 3: Select your preferred branch and locker size. 

Step 4: Review the details and submit your request. 

Step 5: Once submitted, the bank will get in touch with further steps or appointment details. 

Offline – Visit a Branch 

To apply offline, follow these steps: 

Step 1: Visit your nearest Axis Bank branch that offers locker services. 

Step 2: Speak with a bank executive to enquire about locker sizes and availability. 

Step 3: Fill out the locker request form and provide KYC documents like ID proof, address proof, and photographs. 

Step 4: Pay the applicable locker rent and registration charges. 

Step 5: Once processed, you will receive your locker key and access credentials. 

Note: Lockers are allotted based on availability and on a first-come, first-served basis. 

Axis Bank Locker Rules 

Axis Bank lockers are governed by RBI guidelines. Key rules include: 

1. Eligibility: Available to individuals, joint account holders, HUFs, firms, and trusts 

1. Locker Usage: Must be accessed at least once a year to remain active 

1. Nomination: Mandatory for ease of access in the event of death 

1. Surrender Policy: Lockers can be closed anytime with key return and written request 

1. Break Open Policy: If locker is unused or rent is unpaid for long, bank may break it open after due notice 

1. Contents Liability: Locker contents are not insured by the bank; hirers are advised to insure contents separately 

1. Security Deposit: A fixed deposit may be required as collateral for locker rent and potential break-open charges