HDFC Bank announces up to 184% hike in safe deposit locker fees, effective April 1

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HDFC Bank to hike locker fees by up to 184% from April 1, 2026; new 'Metro Plus' tier

HDFC Bank to hike locker fees by up to 184% from April 1, 2026; new 'Metro Plus' tier

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CNBC TV18•04-03-2026, 07:05

HDFC Bank to hike locker fees by up to 184% from April 1, 2026; new 'Metro Plus' tier

•HDFC Bank is set to revise safe deposit locker rental charges starting April 1, 2026.
•Fees could increase by up to 184% in metro and metro plus branches, according to reports.
•A new 'Metro Plus' branch category will be introduced, attracting higher charges than existing tiers.
•Medium-sized lockers in metro branches may see an increase from ₹4,000 to ₹10,000 annually.
•18% Goods and Services Tax (GST) will continue to apply, alongside updates to locker access rules and ATM norms.

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