Key facts
What the official sources publish
Every value belongs to this exact product. Expand any fact to inspect its official evidence in place.
Service typeSafe-deposit locker service available at selected branches; the hirer must be a Bank of Baroda account holder.View source
The official page says lockers are provided at select branches and the hirer must hold a Bank of Baroda account.
- Source
- Safe Deposit Lockers
- Page / section
- — Allotment and Operations
- Accessed
- 21 Aug 2026
- Confidence
- high
Security depositA minimum security deposit in an FDR is required to cover three years’ rent and break-open/
The locker terms require a minimum-security covering three years’ rent and charges for breaking open or replacing the lock.
- Source
- Safe Deposit Lockers
- Page / section
- — Allotment and Operations
- Accessed
- 21 Aug 2026
- Confidence
- high
EligibilityBank of Baroda account holders; lockers can be allotted individually (except minors) or jointly, and NRIs do not require prior RBI permission to hire one.View source
The locker page states the account-holder requirement, joint-allotment rule and permission position.
- Source
- Safe Deposit Lockers
- Page / section
- — Allotment and Operations
- Accessed
- 21 Aug 2026
- Confidence
- high
Interest rateNot applicable: Safe Deposit Lockers are a rented custody service, not an interest-bearing deposit account. The required security FDR is governed by its own term-deposit rate and terms.View source
The official locker page describes annual locker rent and a security ; it does not present the locker service itself as an interest-bearing account.
- Source
- Safe Deposit Lockers
- Page / section
- Product overview / Security deposit
- Accessed
- 29 Aug 2026
- Confidence
- high
Salary requirementNot applicable — the reviewed product is not a salary-account variant and its official eligibility/features do not require salary credit or a minimum salary.View source
The reviewed account catalogue and linked product pages classify these variants as current, savings, inclusion, pensioner or locker products and do not state a salary-credit requirement.
- Source
- Bank of Baroda account catalogue — non-salary variants
- Page / section
- Account categories and linked product eligibility
- Accessed
- 29 Aug 2026
- Confidence
- high
Eligibility
- Bank of Baroda account holders
- lockers can be allotted individually (except minors) or jointly, and do not require prior permission to hire one.
Passing a listed condition does not mean the bank will approve an application.
Related official documents
revised safe deposit locker agreement 10 18terms-and-conditions · current · accessed 15 Aug 2026
↗safe deposit locker agreement 26 24terms-and-conditions · current · accessed 15 Aug 2026
↗supplimenatry safe deposit locker agreement 10 18terms-and-conditions · current · accessed 15 Aug 2026
↗Bank of Baroda account pages and account service-charge scheduleofficial-product-pages-and-schedule · current · accessed 29 Aug 2026
↗Bank of Baroda non-salary current, savings and scheme accountsofficial-product-pages · current · accessed 29 Aug 2026
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