Latest Punjab National Bank Locker Charges 2024

Punjab National Bank (PNB) is a bank owned by the Government of India with its headquarters in New Delhi, India, providing financial and banking services. The bank was established in 1894. On April 1, 2020, PNB got merged with the Oriental Bank of Commerce and the United Bank of India.

It has a customer base of 180 million. The total number of branches of Punjab National Bank is 10,910 branches. After the merge, the total number of ATMs at Punjab National Bank has reached 13000+.

The Safe locker service of Punjab National Bank

Punjab National Bank offers the service of a security locker by charging a minimal fee for the service. In this service, the customer can rent a locker of any size and can keep their pieces of stuff there, the bank will provide security to the locker.

Locker charges of Punjab National Bank (PNB)

The locker of Punjab National Bank has been distributed based on size. The categories are small, medium, large, and extra-large. Depending upon the size of the locker, the rate is being fixed for that locker. Earlier the rate for a small locker was Rs. 1200 and for a medium, the locker was Rs. 2800 per annum. For large and extra large the price was Rs. 4500 and Rs. 8000 annually, respectively.

Over time, Punjab National Bank had to increase the charge rate of everything as the bank had undergone traumatic losses over the year. To avoid the collapse of the bank, Punjab National Bank decided to collaborate with the Oriental Bank of Commerce and the United Bank of India in 2020.

pnb locker charges

After a healthy discussion of how to overcome the losses, Punjab National Bank decided to levy a premium charge of 25% on overlocker services. The new charge rate for a small locker is Rs. 1250 and a medium locker is Rs. 3500 annually. For large and extra large the current prices are Rs. 6000 and Rs. 10000 respectively.

Annual PNB Locker rent charges:

Locker Size Rural & Semi-Urban Urban & Metro
Small Rs. 1250 Rs. 2000
Medium Rs. 2500 Rs. 3500
Large Rs. 3000 Rs. 5500
Very Large Rs. 6000 Rs. 8000
Extra Large Rs. 10000 Rs. 10000

PNB Locker Penalty Charges

Delay in Locker Rent Payment Penalty Charges
Up to 3 Months 25% of annual rent due
3 to 6 Months 25% of annual rent due
6 to 12 Months 25% of annual rent due
1 to 3 Years 50% of annual rent due
Above 3 year Locker to be broken

Last Updated: 18 Febraury 2024

After all these measured steps, Punjab National Bank has reduced a lot of losses that everyone predicted will occur. Through this article, we have tried to update you regarding the locker charges of Punjab National Bank. I hope our effort was helpful enough to satisfy your quarry regarding it.


  1. Are there any limitations to operate a locker or any charges for operating a locker in PNB? I have been charged approx 128 Rs every time I have to operate please let me know the guidelines of the same of PNB

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