SBI UK safe deposit locker annual fees are paid in advance. Subsequent payments shall also be payable yearly in advance. A standing order must be setup from customer’s SBI UK account for the hire and the agreement will be rolled over for the next one year, unless cancelled by the customer.

Lockers are available in small, medium and large sizes . For more details , visit any SBI UK branch during opening hours. Refer to https://sbiuk.statebank/branch-location for branch details.

Eligibility

• Must be 18 years of age with sufficient proof of identity and address, check what documents are acceptable to use for the opening of an account.
• Must be a customer of SBI UK, If you don’t already have a savings account or current account with us, we’ll automatically open one for you. Please speak with your local branch for full terms and conditions on hiring an SBI safe deposit locker, including minimum balance requirements.
• The Bank will require two passport size photos from the Hirer/s for security and identification purposes.

Payment

• SBI UK safe deposit locker annual fees are paid in advance. Subsequent payments shall also be payable yearly in advance. A standing Order must to be setup from customer’s SBI UK account for the hire and the agreement will be rolled over for the next one year, unless canceled by the customer.

Items for storage

• Please note there are items restricted for storage in the safe deposit box. All items must belong to the customer. These items must not be unlawful, or likely to become a danger, a nuisance, or a source of annoyance to the Bank, or any other user/s of the Bank’s safes. For reference, customers must not keep proceeds from the illegal activity / crime, chemicals/drugs, arms & ammunition, restricted items or any other item which may cause any harm to any individual or premises (without limitation) or the Safe Locker. The Bank reserves the right to inspect the contents of any package or box without prior consent/notification which is deposited or about to be deposited in the safe, and the customer is obligated to compensate any cost / expense due to harm, damage or loss to the Bank if this breached.

Insurance

• Items must be fully insured before storage in the Bank’s safe deposit lockers. Safe deposit lockers must not be considered as an alternative to insuring valuables.

Access

• The customer shall hold two keys for the safe deposit box, and the Bank shall hold the master key. In case of loss of keys, the customer must notify the Bank immediately and cover any cost for key replacement.
• If the key/s is lost, the locks will be replaced and the customer will shoulder the expense for the replacement
• Access to the safe deposit locker is available only during the usual business hours of the branch and other times as the Bank may from time to time prescribe. Access will only be granted to the customer. If the locker is held jointly, the safe may be accessed by either one of the account holders unless indicated otherwise in writing.
• In case you wish to surrender your locker, a notice before 30 calendar days has to be given to the branch in writing where the locker is held
• To access a locker, please carry a valid UK Photo Id proof with you.

To arrange for an appointment with your nearest available branch, please click here.

Once the form has been completed, a member of staff from your chosen branch will get into contact with yourself and arrange for a meeting to be booked at your convenience.

Please read the Terms and Conditions before applying.