LOCKERS

Storing too much jewellery and valuables in the house at times becomes a security issue and an impediment in case of natural calamities. CITIZENCREDIT TM Co-operative Bank Ltd. offers you, a safe, trustworthy space to store your valuables, jewellery, documents and other things dear to you.

We have state-of-the-art safe deposit lockers with fully equipped latest burglar alarm systems.

For additional safety, the Locker holder assigns a personal code word which further increases security.

Lockers are available in 3 sizes viz. Large, Medium and Small.

The Lockers and their contents can be nominated to people.

Additional Information:
Annexure I: Access to the safe deposit locker in case of death of Hirer (with survivor/nominee clause) [Click here]
Annexure II: Form of inventory of contents of Safe deposits Hired [Click here]

LOCKER CHARGES

TYPE OF LOCKERS 1st YEAR 2nd YEAR 3rd YEAR
Small Size 1 (6" x 4" x 18") Rs. 1000/- p.a Rs. 1000/- p.a Rs. 1000/- p.a
Small Size 2 (11" x 7" x 20") Rs. 1000/- p.a Rs. 1000/- p.a Rs. 1000/- p.a
Medium Size 1 (13" x 4" x 18") Rs. 2,500/- p.a Rs. 2,500/- p.a Rs. 2,500/- p.a
Medium Size 2 (11" x 7" x 20") Rs. 2,500/- p.a Rs. 2,500/- p.a Rs. 2,500/- p.a
Large Size 1 (13" x 10" x 18") Rs. 4,000/- p.a Rs. 4,000/- p.a Rs. 4,000/- p.a
Large Size 2 (14" x 11" x 20") Rs. 4,000/- p.a Rs. 4,000/- p.a Rs. 4,000/- p.a
Large Size 3 (21" x 07" x 20") Rs. 4,200/- p.a Rs. 4,200/- p.a Rs. 4,200/- p.a
Large Size 4 (21" x 16" x 20") Rs. 4,500/- p.a Rs. 4,500/- p.a Rs. 4,500/- p.a
NATURE OF SERVICE SERVICE CHARGES
Agreement Charges Rs. 100/-
Delay in payment of locker rent Small Rs. 25/- p.m.
Medium Rs. 50/- p.m.
Large Rs.100/- p.m.
to be charged till rent is received
No of Locker operations FREE - 10 Locker Operations per month.
Use of locker operations exceeding 10 in a month - Charge of Rs 100/- per instance per month
Reminder for locker rent Rs. 25/- + actual postage charges

NOTE:

  • GST at 18.00% will be charged on all commission & charges.
  • For existing lockers only the revised rentals will be applicable and not the revised security Deposit as mentioned above.
  • For all lockers allotted after 1st May 2016 locker rentals as well as security deposit will be as mentioned above.

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Citizencredit Co-operative Bank Ltd.
CITIZENCREDIT CENTRE
CTS No:236, Marve Road, Orlem,
Malad (W), Mumbai 400064

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