Reserve Bank Of India (RBI) — HDFC Bank - Going for a big revision in Locker Rents

Address:

Mohali, Punjab

Sir, I am a customer of HDFC Bank, Mohali, Phase 7 branch. A circular dated 18/02/2015 has been issued by the Bank informing the revision of locker rent to Rs. 5000/- per annum, thereby almost doubling the charges from the prevailing amount. My submission in this regard is that such a high revision is unheard of in the Indian banking industry and is without any basis to the prevailing costs and context in India. I would earnestly request to use your good office to restraint the Bank immediately from effecting this ensuing steep hike in the locker rent. Shall be highly thankful for a prompt action. Regards, Narinder Pal Singh Kapoor H NO. 2604, Phase 7, Mohali Cell: [protected]