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Corporation Bank

Corporation Bank is one of India's oldest public sector bank having crossed 100 years of existence. Founded way back in 1906 in the temple Udupi, Karnataka state of Southern India, Corporation Bank is today ranks high as India's one of the most significant government owned commercial bank. The bank is headquartered in Mangalore At the time of its foundation the bank had the capital Rs 5000 but in the present scenario the capital of the bank is somewhere around Rs. One lakh Twenty Five crore. The strength of the staff of the bank is that of around 12000 employees. The bank has a huge network of branches and caters to both the urban and the rural population of the country and thus contributes significantly towards the country's economic growth. Since its nationalization in the year 1980, Corporation Bank has always been a front-runner in the banking and financial sector and has evolved itself in a better way with the course of time. Corporation Bank was the first bank to provide a host of banking services - cash management, m-commerce, gold banking, 100% CBS compliance branches, online education loan approval etc. Corporation Bank top-notch banking products and services with a view to cater to all the sections of the society including the individuals as well as the corporate sector.

Corporation Bank Of India is committed to provide all feasible assistance for growth to people working in different private or public sectors by offering best available banking and other financial services. Corporation bank various economical and prudential banking services together with technical advancement thereby helping people involved in different service sectors enhance their job/business. Being a public sector undertaking the Corporation bank also offers profitable career options to several government job aspirants. Corporation bank enjoys a good reputation amongst its contemporary banks both in the private and the public sector. The bank offers all sorts of schemes and services ranging from finance schemes, deposit schemes, accounts, internet banking and other such miscellaneous services.

Corporation Bank - Products and Services

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Corporation Bank offers world-class banking products and services and has something for everyone be it a businessman, salaried person, SME, Corporate sector, student etc. Following are some of the banking and financial products and services being offered by the Corporation Bank:

Savings Bank Account - Corporation bank savings bank account provides a wide variety of hi-tech banking facilities and services to its customers. The Corporation Bank Savings account holders can avail the facility of holding an International Debit Card which can be utilized at various shopping destinations and can also be utilized to withdraw cash at all VISA ATMs.
The savings bank account holder can at the same time avail facilities like - internet banking, phone banking. Corporation Bank offers different Savings bank account schemes for people from different segments. Some of the savings bank account schemes offered by the Corporation Bank are: Corp new gen - students' Savings bank account, Corp Pragathi Account, Corp Classic Account, Corp Payroll Salary SB account.

Term Deposits - Following are the Term deposit services being offered by the Corporation Bank:
  1. Fixed Deposits - The fixed deposit schemes offered by Corporation Bank yield high deposits and provides high returns on your income. Under this scheme you can deposit money for a period from 15 days-10 years and the interest rate provided on your fixed deposit depends upon the tenure. The interest is paid consistently at monthly, quarterly, half-yearly and yearly basis.
  2. Tax Saving Term Deposits
  3. Continuous Ready Cash Deposits
  4. Recurring Deposits
  5. Premium Deposits
  6. Janatha Deposit
  7. Corp gold
Loans - Corporation Bank offers an umpteen number of loan schemes for varied purposes. A number of retail loan schemes are offered as 'Corp Schemes' featuring the assurance given by Corporation Bank as part of its best possible banking service, quick dispensation and loan schemes at the most attractive rate of interest. Corporation bank offers following types of loan schemes:
  1. Home Or Housing Loans - corporation bank home loan provides beneficial home loan deals to both resident and Non-resident Indians. People from age group of 18-50 years are liable to avail Corporation Bank home loans. The bank provides the facility of including the income of your close relative(spouse, father, mother, brother, son, daughter) in order to acquire a higher amount of home loan. Citibank Home Finance is offered for the purposes ranging from - buying/building a house/flat, for repair work/remodeling/extension and refurbishment. The loan applicant can also avail the facility to transfer their home loan acquired from any other bank or financial institution.
  2. Educational Loan -Corp Vidya is an education loan scheme offered by the Corporation Bank to the students seeking to study further either in India or overseas. The education loan is offered to the students who have got admission in an institute in India/abroad either by qualifying a written entrance test or on the basis of the merit of the student.
  3. Personal Loan
  4. Car Loan
  5. Loans Against Jewelery/Mortgage/Property Or Securities
  6. Consumer loans for purchasing consumer durables and home appliances.

Corporation Bank offers following types of Cards in order to ease the day-to-day financial transactions

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  • Credit Card: Corporation Bank Credit Card is of two types - Classic and Gold. Both the cards are tailor-made to suit the individual needs and requirements of the people and come along with various types of lucrative offers, convenience, benefits etc. and boasts of an extensive reach. One is required to open an account with the Corporation bank Of India in order to avail the services of this card.
  • Citibank ATM cum Debit Card
  • Cash back auto card
All the Citibank Cards come together with add-on faculties like, photo card, facility to transfer balance, insurance etc.

Corporation Bank Net Banking

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CorpNet service is an internet based banking service being offered by Corporation Bank Net Banking division. This online banking service comes along with 'Electronic Funds Transfer Service' so that you can make financial transactions sitting online from comfort of your home or office. In order to avail the Corporation Bank Net Banking service one is required to log on to the official Corporation Bank website. Net banking is of great significance as we can also get to know the Corporation Bank branch and Corporation Bank ATM location using the online branch and ATM locator on the bank's website. You can also view a list of the current interest rate on various schemes and offers made by the bank.

Miscellaneous Services - There are certain other miscellaneous banking facilities being offered by Corporation Bank which include - Phone/SMS banking, bill payment facility, online railway ticket booking, mobile recharge facility, gold bars/coins on sale, various other schemes for senior citizens and pensioners.

Corporation Bank Branches

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Corporation bank has a widespread network of branches throughout India and has established various zonal offices in the main cities of the country. The Corporation Bank provides banking services both at the urban and rural level. The customers can use the online branch locator on the Corporation bank website and can find and locate the nearest Corporation Bank branch. You can also find the address of the zonal offices of the Corporation Bank located in various metropolitan cities of India.

Corporation Bank Recruitment

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Corporation bank offers various lucrative job opportunities to graduates, under-graduates, post-graduates etc. willing to work with one of India's largest public sector bank and be a part of the government sector. The bank keeps recruiting applicants willing to make a career in the banking industry for the post of clerk, PO or in various other managerial positions and conducts the exams like Corporation bank clerk exam, Corporation Bank PO Exam etc. and the job recruitment is carried out on the basis of a written test followed by a personal interview with the short-listed candidates. The bank offers various job vacancies every year. For more information on Corporation bank jobs and recruitment you can log on to the bank's website and can apply online by filling up the Corporation bank online application form.

Corporation Bank Customer Care

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Corporation Bank is extending its business to other parts of India with a view to expand its banking and other financial operations across India and in order to attract more and more customers the bank offers an excellent customer care service. The interested people can get in touch with the customer care department and the customer care executives for finding solution to their queries on bank's products and services either by writing down to the bank, calling the customer care helpline number or can leave their feedback by mailing them.

For more on Corporation Bank and its products and services you can either write down to the following address or log on to Corporation Bank Website:

Corporation Bank
Corporate Office
Mangaladevi Temple Road
Pandeshwar
MANGALORE - 575 001
Karnataka, India

Tele: 91-824-2426416 to 420

Note: In order to get the information and numbers for queries or feedback on different banking products the bank maintains different telephone lines you can avail the list of the same from the bank's website: www.corpbank.com


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