Staff Correspondent:

Keeping valuables at home carries risks like theft, fire, or misplacement. To ensure security, several banks in Bangladesh offer locker facilities, providing a safe place for important documents, jewellery, and other valuables.

However, the bank locker charges and refundable security fees vary from bank to bank. Let’s take a look at the safety deposit box or locker services with associated charges in some renowned banks in Bangladesh in 2025.

AGRANI BANK PLC

Agrani Bank provides Safe Deposit Locker services at many of its urban branches. In this state-owned commercial bank, customers can choose from Small, Medium, and Large lockers. The yearly charges are Tk 2,000 for Small, Tk 2,500 for Medium, and Tk 3,000 for Large lockers.

Locker Size          Annual Charges (BDT)

Small                                2000

Medium                           2500

Large                                3000

A refundable key deposit of Tk 5,000 is required. The service is available to Savings and Current account holders. Customers can pay locker rent in advance and set up automatic deductions from their accounts. The bank ensures strong security measures for valuables stored in its lockers.

Al-Arafah Islami Bank PLC

Al-Arafah Islami Bank has been providing Safe Deposit Locker services for years, with 23 branches currently offering this facility. Lockers are available in small, medium, and large sizes. The annual rent is Tk 2,000 for Small, Tk 2,500 for Medium, and Tk 3,500 for Large lockers.

Locker Size         Annual Charges (BDT)   Security Deposit (BDT)

Small                  2000                              10000

Medium              2500                             12000

Large                   3500                             15000

Customers must deposit a refundable security fee. The annual security deposits for the small, medium, and large-sized lockers are 10,000 Tk, 12,000 Tk, and 15000 Tk, respectively. Key replacement costs Tk 2,500 in Dhaka and other locations. Lockers provide high-security storage for valuables, including documents and jewellery.

CITY BANK PLC

City Bank’s Safe Deposit Locker service ensures high-security storage for customers’ valuables. Available at select branches across major cities, the service is ideal for safeguarding jewellery, documents, and other assets. Lockers are available in three sizes: small (Tk. 5,500), medium (Tk. 7,500), and large (Tk. 9,500).

Locker Size          Annual Charges (BDT)

Small                   5,500

Medium              7,500

Large                   9,500

Dhaka Bank PLC

Dhaka Bank offers secure locker facilities across various branches, ensuring top-level protection for valuables. Lockers are available in Small, Medium, Large, and Extra Large sizes. The annual charges for small, medium, large, and extra-large lockers are Tk 5,000, Tk 7,000, Tk 9,000, and Tk 14,000, respectively.

Locker Size          Annual Charges (BDT)

Small                              5000

Medium               7000

Large                     9000

Extra Large           14000

A refundable security deposit of Tk 5,000 is required. Lockers are available in Gulshan, Banani, Dhanmondi, Uttara, Chattogram, Sylhet, and other key locations. Customers can conveniently pay the rent through direct debit from their deposit accounts.

IFIC BANK PLC

IFIC Bank offers locker services with enhanced security and confidentiality. Lockers come in three sizes: small, medium, and large. The annual rent is Tk 5,000 for small, Tk 10,000 for medium, and Tk 12,000 for large lockers. Customers must pay a refundable security deposit equal to the annual rent.

To avail of the service, an individual or business entity must maintain a current or savings account with IFIC Bank. Rent payments are directly deducted from the customer’s account, providing a hassle-free experience. Lockers are available at multiple branches nationwide.

Locker Size          Annual Charges (BDT)

Small                              5,000

Medium               10,000

Large                     12,000

JANATA BANK PLC

Janata Bank offers Safe Deposit Lockers across most of its branches in Bangladesh. This state-owned bank offer Small, Medium, and Large safety deposit boxes or lockers. The annual rent is Tk 2,000 for Small, Tk 3,000 for Medium, and Tk 5,000 for Large lockers. A refundable locker key security deposit of Tk 5,000 is required for all sizes.

Locker Size          Annual Charges (BDT)          Security Deposit (BDT)

Small                       2000                                  5000

Medium                 3000

Large                      5000

Locker services are available to individual and business account holders. Rent is payable in advance, and customers can conveniently set up standing orders for automatic payments. The service ensures high security and ease of access.

PUBALI BANK PLC

Pubali Bank offers Safe Deposit Lockers to ensure the security of customers’ valuables. Lockers are available in three sizes: Small, Medium, and Large. The annual charges are Tk 2,000 for Small, Tk 3,000 for Medium, and Tk 5,000 for Large lockers.

Locker Size              Annual Charges (BDT)

Small                       2000

Medium                  3000

Large                       5000

To avail of this service, customers must have a Savings, Current, or Short Notice Deposit account in the respective branch. Lockers are rented for a minimum period of one year. The bank ensures strict confidentiality and security, making it a trusted choice for locker services.

STANDARD BANK PLC

Standard Bank offers lockers in Small, Medium, and Large sizes at competitive rates. The annual rent is Tk 3,000 for Small, Tk 4,000 for Medium, and Tk 6,000 for Large lockers. A refundable security deposit equivalent to one year’s rent is required. The service is available at select branches, ensuring customers can store valuables safely.

LOCKER SIZE                 Annual Charges (BDT)

Small                                      3000

Medium                                 4000

Large                                      6000

Locker holders can nominate family members for easy access in emergencies. Payments can be made conveniently through automatic deductions from the customer’s account.

SONALI BANK PLC

Sonali Bank PLC offers a secure locker service in 54 branches, allowing customers to safeguard their valuables. Lockers are available in three sizes: small (4.7″ x 7″ x 23.50″), medium (4.7″ x 14.33″ x 23.50″), and large (9.4″ x 14.33″ x 23.50″). A refundable security deposit of Tk. 5,000 is required. The annual charges are 2500 Tk, 3000 Tk, and 4000 Tk for the small, medium, and large-sized lockers, respectively.

LOCKER SIZE                         Annual Charges (BDT)

Small                                      2500

Medium                                3000          4000

An additional 15% VAT applies to all charges. Lockers provide high security and easy accessibility for customers. The service is ideal for storing important documents, jewellery, and other valuables. Customers can visit designated branches to avail of this service and ensure the safety of their possessions.

UNITED COMMERCIAL BANK (UCB) LIMITED

UCB provides Safe Deposit Lockers in 84 branches nationwide, offering maximum security for valuables like documents and jewellery. Lockers are available in three sizes: small, medium, and large. The annual rental fees are Tk 1,500 for the small, Tk 2,000 for the medium, and Tk 2,500 for the large-sized lockers.

LOCKER SIZE                     Annual Charges (BDT)

Small                                  1500

Medium                            2000

Large                                 2500

A refundable security deposit equivalent to one year’s rent is required. The bank ensures confidentiality and ease of access with a hassle-free rent payment system through standing orders. UCB locker services are among the most affordable options in Bangladesh.

FINAL WORDS

Bank locker services in Bangladesh offer a secure way to store valuables, protecting them from theft, fire, and loss. With various sizes, affordable rents, and strong security measures, these lockers provide peace of mind. Choosing a reliable bank locker ensures your precious belongings remain safe and easily accessible when needed. However, the annual fees of bank lockers are subject to change.