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The cooperative sector has been playing distinct and significant role in the process of socio-economic development of the country. Therefore, cooperatives have been accepted as the best agency for agricultural credit with their organizational potential to reach millions of farmers and thereby establish the grass-root contacts. Cooperatives are a major economic force in developed countries and a powerful business model in developing ones. View more
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Fixed Deposit

6.50%

Individual (365 Days)

7.00%

Senior Citizen (365 Days)
More Rates

The Gujarat State Co-operative Bank LTD.

GSC Banks offers “Safe Deposit Lockers “ designed to safeguard your valuables and are loaded with benefits that make them attractive.

Features

  • Enjoy attractive and most competitive rentals, hassle free rent payment and locker hirers have option to pay 3 years rent in advance.
  • Avail nomination facility of your lockers.
  • Ease of location: Locker facility available at our 27 branches out of 29 branches spread across Ahmedabad and Gandhinagar.
  • Extended timing for access of Safe Deposit Locker at our Naranpura Branch.
  • Lockers are available at 27 branches of GSC Bank in various sizes to meet your specific requirements.

Safe Deposit Locker Annual Charges

TYPE1 YEAR
A700/-
B900/-
C1400/-
D1600/-
E1700
F2500/-
G2700/-
H13100/-
H3300/-
L/L2/K4500/-

NOTE:

  • In case of loss of key of the lockers a service charge of Rs.500/-has to be recovered from hirers in addition to the actual expenses incurred for breaking open the lockers and changing the lock by manufacturers of lockers.
  • Locker rent for a period of 3 years shall be payable in advance by the hirers.
  • Interest on the said deposit shall be paid annually by crediting in SB/CD Account maintained with the bank. Standing instruction/ mandate to recover rent from such account on due date shall be obtained from the locker holder’s.
  • No refund of locker rent shall be admissible on premature surrender of the locker or other wise. Locker holder is required to operate the locker once in a year.
  • In case locker rent becomes overdue, operations in the locker will not be allowed.

Locate Us

For any query regarding Safe Deposit Lockers please contact the nearest branch of GSC Bank, to open Safe Deposit Lockers.

Branch & ATM Locator

GENERAL CONDITIONS:

  • All charges are exclusive of applicable Taxes
  • Charges/rates are variable & subject to change without notice