Punjab National Bank (PNB), by its announcement, has changed the locker rent charges of the bank very much which can be liked by the bank’s customers in the whole area whether it be rural, semi-urban, urban, or the metro. The new rates were first announced on October 16, 2025, and are to be effective 30 days after the bank’s website publishes them. This is a move by PNB to make locker services cheaper and more reachable to customers.
What Is It That Changed?
The bank has lowered its locker charges for all sizes and places of lockers. Now you are going to pay less regardless of whether you live in a rural village or a metro city, to secure your property. Moreover, the bank has announced that there will be 12 free visits per year per locker per customer, while any additional visit will cost ₹100. This will lead to proper usage and customer support.
New Locker Charges for Different Locations
Let’s have a quick overview of the updated rates:
- Rural Areas:
- Small locker: ₹750/year (previously ₹1,000)
- Medium locker: ₹1,900/year (previously ₹2,500)
- Semi-Urban Areas:
- Small locker: ₹1,150/year (previously ₹1,500)
- Medium locker: ₹2,300/year (previously ₹3,000)
- Urban & Metro Areas:
- Small locker: ₹1,500/year (previously ₹2,000)
- Medium locker: ₹2,800/year (previously ₹3,500)
These new rates are being applied to the last four lower rows (L4) of each locker cabinet which has become more competitive in pricing.
PNB Locker Charges Summary Table
| Location | Locker Size | Old Rate | New Rate (2025) |
|---|---|---|---|
| Rural | Small | ₹1,000 | ₹750 |
| Semi-Urban | Small | ₹1,500 | ₹1,150 |
| Urban/Metro | Medium | ₹3,500 | ₹2,800 |
Final Thoughts
PNB’s revision of locker charges is a good news for the customers who look for secure and affordable storage. The time is wonderful to open or renew a locker with the rates being lowered and the usage policies being made clearer. Customers should check for details and the availability of lockers on the official PNB website or visit their nearest branch.
