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]

LOAN WITH LOCKER - COMBO OFFER
Loan customers availing new credit facilities of Rs. 5 lakhs and above, will be offered RENT FREE LOCKER for period of 1 year.

Terms and Conditions:
• Rent free period of one year from date of disbursement of loan.
• Locker size : Small Size (6" x 4" x 18")
• Choice of locker at any of our branches, subject to availability.
• Subject to availability of such Locker at the branch.
• Offer available till stocks last.

LOCKER CHARGES

TYPE OF LOCKERS Rentals p.a.
(revised w.e.f. 10.01.2023)
FD Amount
Small Size Rs. 2,000.00 Rs. 10,000.00
Medium Size Rs. 3,000.00 Rs. 12,000.00
Large Size 1 Rs. 5,000.00 Rs. 17,000.00
Large Size 2 Rs. 6,000.00 Rs. 18,000.00
Large Size 3 Rs. 7,000.00 Rs. 20,000.00
NATURE OF SERVICE SERVICE CHARGES
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 i) Free - 10 Locker operations per month.
ii) Use of locker operations exceeding 10 - 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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