Cheapest way to get a bank locker?

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Finance Ninja
Tanmayyy
What's the cheapest way to get a bank locker?
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Dont know, ill wait for answers. As far I know bank lockers at psu as well as pvt banks are in high demand, demand>supply. They have only gotten expensive.

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Why take locker, why not against loan from those valuables?

Atleast we are getting loan amount against those valuables (mainly on gold) & also security

Am i missing something?

Deal Subedar Deal Subedar
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Need to disclose the valuation of the property, which is not preferred by government employees and self-employed.

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Deal Subedar Deal Subedar
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Last year I took the locker at Central Bank of India, checked rates at many banks and found PSU charges to be lowest compared to private sector banks

Lockers are not easily available at SBI, there is waiting time as well at SBI in my area

Finally took s small size locker at CBI with 10k FD and ~1500 rs yearly charges + ~500 initial documentation charges

10 visit in 1 bank year are free and above that ~120 rs charges per visit

Beacon Beacon
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It's not document charges,it's for stamp paper for agreement purpose

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Keep a good NRV with HDFC Bank. Get your account upgraded to Imperia via RM/BM. Get one free locker (any size) per customer ID.

Finance Ninja Finance Ninja
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Any way to open imperia or any other program account directly?

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Cool Cool
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Khudka lelo aur wahi rakhdo

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