India second largest Private sector bank i.e. Axis Bank has developed an App on the Smartphone. By the Help of this App Axis Bank customer can book Bank locker anywhere within India by sitting a home. Initially to book the locker in the bank you have to visit the desired Axis bank Branch and ask for the availability. If the locker is available you can book the locker by doing the bank formality. It is a very long and time-consuming process. To get ride off such time-consuming process Axis bank has developed the App for Booking Bank Locker in Any Axis Bank Branch in India.
Process to Book Locker through App:
Open Axis Bank Mobile App:
- Launch the Axis Bank mobile app on your smartphone.
Log in to Your Account:
- Enter your login credentials to access your Axis Bank account.
Navigate to Services or Locker Booking Section:
- Look for a section in the app menu related to services or locker booking. This section may vary in labeling, so explore options related to banking services.
Select Locker Booking:
- Once you find the appropriate section, look for an option like "Locker Booking" or "Safe Deposit Locker." Tap on it to initiate the booking process.
Choose Preferred Branch:
- Select the Axis Bank branch where you wish to book the locker. Some apps may provide information about the availability of lockers in different branches.
Select Locker Size and Type:
- Choose the size and type of locker based on your preferences and requirements. Different lockers may have varying rental charges and sizes.
Provide Required Details:
- Fill in the necessary details such as your name, contact information, and any other information required during the booking process.
Submit Application:
- After entering the required information, submit your locker booking application through the app.
Verification and Approval:
- The bank will review your application, and once approved, you may receive a confirmation message. This process may take some time, and the bank may contact you for additional verification if needed.
Visit the Branch for Documentation:
- After approval, visit the selected Axis Bank branch to complete any necessary documentation and formalities related to the locker booking.
Axis Bank Locker Rent
At present Axis Bank is having 944 branches across the India. The Locker Annual rent depends upon the size of locker and the location of Branch. At present there are four categories depending upon the locker size i.e. Small, Medium, large and Extra-large.
| Location | Locker Size | Rentals starting from* (applicable GST extra) |
| Rural | Small Medium Large X-Large | 1500 2200 5000 10000 |
|---|---|---|
| Semi-urban | Small Medium Large X-Large | 1700 2500 5500 11000 |
| Metro/Urban | Small Medium Large X-Large | 3105 6900 11800 14256 |
- Rentals may vary between branches under same location. Please check applicable rentals via Internet/Mobile banking or by visiting the branch. Revised Locker Rent effective from 1st April 2022.
Terms & Conditions:
- Locker rent is charged annually and is collected in advance. Our locker rentals vary based on locker size and branch location.
- Late payment penalty @2.5% per month up to a maximum of 25% will be applicable.
- Discounts, if applicable, will be offered only on maintenance of relationship value as per customer product category.
- One-time Locker registration charge: Rs.1000 + GST (Not applicable for Burgundy / Burgundy Private customers).
- Number of free locker visits – 3 per calendar month, post which Rs.100 + GST applicable per visit (Not applicable for Burgundy / Burgundy Private customers).
- Click here for Standard Operating Procedure.
- Click here for applicable stamp duty for executing locker agreement.
We hope that you like this content and for more such content Please follow us on our social site and YouTube and subscribe to our website.
Manage your business cash flows and payable/receivables using our Bahi Khata App.