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Free Locker Facilities

cc_dc_explorer

TF Premier
Is there any bank or banking programme that offers genuine locker facilities for free... ?


I have opened wealth account in IDFC recently. I requested for locker facility. But the bankers are saying lockers are not available and occupied already. I checked with couple of branches but still the same. However, just recently one RM reached out to me saying if I open any investment plan then they will give locker. He said 2-3 lockers are available but given on priority basis. We can increase priority based on investment.
 
Is there any bank or banking programme that offers genuine locker facilities for free... ?


I have opened wealth account in IDFC recently. I requested for locker facility. But the bankers are saying lockers are not available and occupied already. I checked with couple of branches but still the same. However, just recently one RM reached out to me saying if I open any investment plan then they will give locker. He said 2-3 lockers are available but given on priority basis. We can increase priority based on investment.
Try yes bank
1st year free

Icici new branch
Hdfc new branch

As both of them opening new branches
Specially hdfc
 
Lockers (safe deposit lockers) are the most sought after product. Demand always 10x to 20x of the available locker units - despite many private banks n even private security firms entering this segment. Lockers come in various sizes n hiring rates depend upon the type of branch. Usually, these are given against large to huge deposits. Whoever gets a locker prefers NOT to surrender it for many years (or even decades) - by maintaining the needed deposits.

So, if you need a locker look for a NEWLY to be OPENED BRANCH or a just opened branch n be prepared to open a few high value fixed deposits.
 
Lockers (safe deposit lockers) are the most sought after product. Demand always 10x to 20x of the available locker units - despite many private banks n even private security firms entering this segment. Lockers come in various sizes n hiring rates depend upon the type of branch. Usually, these are given against large to huge deposits. Whoever gets a locker prefers NOT to surrender it for many years (or even decades) - by maintaining the needed deposits.

So, if you need a locker look for a NEWLY to be OPENED BRANCH or a just opened branch n be prepared to open a few high value fixed deposits.
There's a catch over here. I had a locker in one of the HDFC branches after opening 3 current accounts and 3 savings max altogether for my family. Got the locker and after 8 months the branch's lease was over 🥲 & the branch shifted to some new location. Got calls from my RM & BM...... He assured me of the locker in the new branch.

Then after a few weeks in the new Branch BM: " Sir abhi 120 lockers ke liye 95 applications already hai, aapko waitlist mein rukna parega. Priority basis peye humlog allotment kar rahe hai "

The branch was opened in 2019 and this happened in 2023. So ik many will say that it was an old branch lease period was over and all but it was a relatively new Branch.
Try yes bank
1st year free

Icici new branch
Hdfc new branch

As both of them opening new branches
Specially hdfc
believe me this is a new struggle and the unrealistic expectations they have. BM was literally making up stories that a father son duo opened 20 Crores INitial Funding Savings account and still maintaining, thats why they gave him large locker for 2k, even though it's on the outskirts of Calcutta soooo semi urban branch 😂😂😂. " Woh abhi bhi last ek saal se fund maintain kar rahe hai "

Either you have to be a clown to keep 20 Crs lying in savings a/c unless you are UHNI. Or BM living in delulu.

While I agree after the merger HDFC's C/D ratio overall has spiked and they are desperately looking for deposits. So they are expanding their branch network very rapidly, but then again these BMs are quite cocky and notorious.

What are your thoughts on PSB's like SBI. I am thinking to get them on a harder way through RTI route. Something they can't deny because nowadays all the BMs are mostly same.
 
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It is high time for a handful of RELIABLE, TRUSTWORTHY and LONGSTANDING private companies enter this highly lucrative SAFETY LOCKERS BUSINESS (PRIVATE).

With 24x7 access, security, secured private parking, automated access and reasonable rent.

People will stand in queue to get one. And, also pay the rent in advance for 2-5 years besides a good deposit to the company as a fixed deposit.
 
It is high time for a handful of RELIABLE, TRUSTWORTHY and LONGSTANDING private companies enter this highly lucrative SAFETY LOCKERS BUSINESS (PRIVATE).

With 24x7 access, security, secured private parking, automated access and reasonable rent.

People will stand in queue to get one. And, also pay the rent in advance for 2-5 years besides a good deposit to the company as a fixed deposit.
True, I really hope someone will do this business. It s really needed in India
 
True, I really hope someone will do this business. It s really needed in India
Bas 20 rupay kam par rahe hai nhi toh tumhara bhai shuru kar dalta
It is high time for a handful of RELIABLE, TRUSTWORTHY and LONGSTANDING private companies enter this highly lucrative SAFETY LOCKERS BUSINESS (PRIVATE).

With 24x7 access, security, secured private parking, automated access and reasonable rent.

People will stand in queue to get one. And, also pay the rent in advance for 2-5 years besides a good deposit to the company as a fixed deposit.
I reckon big trustworthy players who are credible enough need to start such a secure and strong service, even though no regulatory body to govern them
 
I recently got a large size locker alloted in axis bank upon joining burgundy program within 4 days . BM was very helpful in getting the same …
Actually it's very convenient for axis bank. You can literally check the availability of lockers and book it for yourself online with no RM & BM bullshit. Only problem is with their rents. Locker rents are somewhat crazy for normal customers in comparison.
 
Yeh kya dekh raha hoon......

TRUMP asking for such a small favour. More intriguing is - it's happening when he is contesting for POTUS.

Bas agle hafte isi time milte hai ramesh bhau


Donald Trump Water GIF by Election 2016
 
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