Safe Deposit Locker Suggestion
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I am thinking to get a Safe Deposit Locker at HDFC branch. I heard it's not so simple as paying locker charges. Agents play all kinds of tactics to open FDs, Mutual Funds etc and keep you on waiting lists. Can someone please guide on how to approach?
If there any other banks that are better, please suggest as well.
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And they try to cross sell insurance etc... first of all, say that you know they have to cross sell, but what's the minimum deal you can get (FD), they will stop and hopefully comply...
Location : Bangalore. I have enquired with few banks nearby my home in a locality about 15 kms away from City centre. Apart from bank locker charges yearly and one time locker agreement charges, FD required is canara, BoB - 10K, SBI, union Bank of India, PNB - 25K, south Indian Bank - 30K, federal Bank - 20K.. FD has lein on it, until closure of locker..
P.S :- the FD mentioned are for smallest size of locker available in the branch.
Also in case of joint locker holding :- SBI, BOB. canara required both persons accounts OR a joint account in same branch, while union Bank of india, pnb, south indian bank, federal required only 1 person account+ other person KYC
You can book lockers online with axis bank and IndusInd through phone banking. The branch staff have no control over it. Even your locker number is assigned. You need to have accounts with these banks for it.
Any FD required in Axis ?
Thank you all for your valuable suggestions
Just checked Axis and charges for medium in semi urban are showing as 10,000 +GST + Registation charges 1k+ GST which is too high.
Check SBI, TMB rates in your location... if Tamilnad Mercantile Bank Limited is present.
.
Nothing is 'too high' in new India.
Enjoy it.😔
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Go to ur bank, they will charge you yearly rent+gst according to the size (small, medium,large).
They will book an fd for security.
They will take a stamp.paper from you along with some details.
That's it