Finance
DoggfatherHDFC Bank's Locker Rent Skyrockets 184%—Time to Adapt!
Yo, HDFC Bank, the heavyweight champ of private banks in India, is raising locker rents by a staggering 184% starting April 1. If you want that 'extra medium' locker, you better be ready to shell out Rs 12,500, plus that 18% GST. Time to rethink your locker strategy, g!
few days ago | Amit Kumar
Quick rundown
1.HDFC Bank hikes locker rentals by up to 184%.
2.Aadhaar-linked biometric authentication becomes mandatory.
3.Metro Plus branches have the steepest locker rates.
4.GST adds 18% to the locker rental cost.
5.Consider smaller lockers or alternatives to save costs.
