How to Reserve a Locker at Axis Bank: A Step-by-Step Guide in the Year 2024

Availing of a locker at AXIS BANK is a very easy and smooth procedure. If you have an account (savings/current) at Axis Bank then you are eligible to apply for a locker facility at the AXIS BANK branch. You can apply for a locker at your base branch or non–base branch. For applying a locker you have to bring a 100 Rs stamp paper which can be e stamp paper too. More you have to bring your KYC document such as Addhar, voter ID, and a copy of your PAN card along with 2 passport size photocopies. If a locker is available then you will get the locker hassle free but if the locker is full then you will be put in a queue. The charges differ based on the locker size and the category of the locker. Your goods in the locker are safe and secure.

Choose a locker size that suits your needs and ensures the safety of your valuables in an Axis Bank Safe Deposit Locker. If you’re looking to secure your valuables in a safe deposit locker, Axis Bank offers convenient options for reservations. Follow these steps to avail a locker at AXIS BANK

1. Axis Mobile App:

•            Open the Axis Mobile App which you can download from playstore.

•            Go to Menu option > Then Apply > Lockers.

•            Follow the instructions to select your preferred branch, locker size, and confirm the details.

•            Then the request will be received at the selected branch and the rest will be guided by branch official at your registered number.

2. Internet Banking:

•            Log in to your Axis Bank Internet banking account.

•            Click on “Book Locker” through the “Apply Now” option.

•            Choose your branch, check availability, select the locker size, and confirm the details. You’ll receive a Net Secure code via SMS for verification.

3. Visit a Branch:

•            Go to your nearest Axis Bank branch.

•            Speak to the bank officials, and they will guide you through the process of applying for a locker.

4.Charge  structure:

The rental charges for lockers depend on the type of location and the locker size. Please find the below details:

Annual Locker Rentals (Excluding GST):

1.           Rural:

o            Small: ₹1,500

o            Medium: ₹2,200

o            Large: ₹5,000

o            X-Large: ₹10,000

2.           Semi-urban:

o            Small: ₹1,700

o            Medium: ₹2,500

o            Large: ₹5,500

o            X-Large: ₹11,000

3.           Metro/Urban:

o            Small: ₹3,105

o            Medium: ₹6,900

o            Large: ₹11,800

o            X-Large: ₹14,256

Additional Details:

•            One-time Locker Registration Charge: ₹1,000 + GST (Not applicable for Burgundy/Burgundy Private customers).

•            Number of Free Locker Visits: 3 per month. After that, ₹100 + GST is applicable per visit (Not applicable for Burgundy/Burgundy Private customers).

Documents Required to Open a Locker

To open a safe deposit locker with a bank, you will need to complete a few steps and provide specific documents.

1.           Application:

o            Fill out a simple application form where you will be guided from branch official

o            Complete the Know Your Customer (KYC) formalities with the bank.

o            The locker rent is collected annually.

2.           Agreement:

o            Sign a locker agreement, also known as a “memorandum of letting”.

o            This document outlines the terms and conditions set by the bank.

3.           Collateral:

o            Most banks require collateral.

o            Typically, they provide lockers to existing account holders or those who agree to open an account (savings or current) or make a fixed deposit that covers locker rentals for a period of three years.

LOCKER OPERATION

The process of locker operation is very easy.You will be provided a key for your respective locker which you have to kept very safely.In the time of locker operation you have to visit your branch and the bank officer will process your request through Bio metric.After that the assigned officer will accompany you to the locker and hewill put his master key in the locker and you have to put your second key in the locker.The officer will come out from the locker vault till you complete you locker access.

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