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Corporation Bank

Corporation Bank ranks among the fastest growing public sector banks in India. With a huge portfolio of products comprising credit cards, loans, investment vehicles and savings, Corporation Bank has grown to become a market leader in the Indian banking industry.

About Corporation Bank

Founded in 1906, Corporation Bank started its operations in Udupi, Karnataka. Currently, the bank has many branches in different parts of India. It started its journey with an opening capital base of only Rs. 5,000. Corporation Bank is one of the oldest banks in India and it was nationalized in 1980.

Corporation Bank is a public sector unit (PSU) and more than 50% of its share capital is owned by the Government of India.

Corporation Bank is the only bank in India to release its financial results in accordance with the US GAAP (Generally Accepted Accounting Principles).

The Initial Public Offer (IPO) of the bank was launched in 1997. Currently, the chairman and managing director of Corporation Bank is J. M. Garg.

The representative offices of Corporation Bank are located in Hong Kong and Dubai. Currently, Corporation Bank has a countrywide network consisting of 1,155 fully automated CBS branches, 1,200 Branchless Banking Units and 1,145 ATMs.

Corporation Bank products and services

Given below is an all-inclusive list of products and services offered by Corporation Bank:


1) Savings Bank Account

  1. Corp PayRoll - Salary SB Account
  2. Corp Classic Savings Bank Account
  3. Corp Pragathi Account
  4. Corp New Gen – Students’ SB account
  5. Corp Nirantar- Tax Saver Deposit Scheme
  6. Corp 4-in-1 A/c (Current a/c)
  7. Revised loan applications under select Corp Schemes
  8. Millionaire RD Account
  9. Term Deposit

2) Loans

  1. Corp Home - Housing Loan
  2. Corp Vyapar
  3. Corp Site Purchase Loan
  4. Corp Flexi Home Loan
  5. Corp Vidya - Education Loan
  6. Corp Vehicle - Vehicle Loans
  7. Corp Personal
  8. CorpShelter - Reverse Mortgage Loan
  9. Corp Consumer- For Consumer items
  1. Corp Mitra
  2. Corp Meditech- Equipment financing for healthcare professionals
  3. Corp Professional
  4. Corp Mortgage - Loan against property
  5. Corp Rental
  6. Corp IPO Scheme
  7. Corp Cash Demat - Share Loan
  8. Home Loan + Insurance
  9. Corp Byte - Computer Loan

NRI Services

Deposit Schemes for NRIs

A) Schemes with repatriation facility

  1. FCNR(B) deposits
  2. NRE deposits
  3. RFC deposits (on return)

B) Schemes without repatriation facility

NRO deposits

Type of deposits in A) and B):

  1. Savings Bank accounts [not in FCNR (B)]
  2. Current accounts [not in FCNR (B)]
  3. Cash Certificates
  4. Fixed Deposits
  5. Recurring deposits [not in FCNR (B)]
  6. Money-Flex deposits

Corporate services

  1. Corp Fast
  2. Cash Management
  3. Working Capital
  4. Corp Rental
  5. Project Finance
  1. Term Finance
  2. Gold Card Scheme for Exporters
  3. Forex
  4. Regional MSME Care Centres
  5. SME Liquid Plus Scheme

Card services

  1. CorpBank Debit & Campus Card
  2. Corp Campus Cash Card
  3. Corp Convenience International Credit Card
  4. Corp Convenience International Debit Card
  5. Corp Travel Card
  6. CorpBank Prepaid Gift Cards

Internet banking services

  1. Corp Net
  2. Telebanking
  3. E-Payment of Direct Taxes

Other services

  1. Payment of BSNL Telephone Bills in Goa
  2. Payment of Income Tax through CorpBank ATMs
  3. Corp AnyTime Premium
  4. NEFT - Customer Facilitation Centres-Contact details
  5. Corp Bill Pay
  6. LIC Premium Payment through SMS
  7. Corp Card 2 Card Transfer
  8. Corp Bullet - RTGS facility
  9. Corp PowerCheq - Multi City Cheque facility
  10. Corp Companion - Any Branch Banking
  11. Corp Mobile Recharge
  12. Corp Mediclaim
  13. SMS Banking facility
  14. MobilePay
  15. Depository Services
  16. Online Railway Reservation
  17. Payment system of ASBA for the IPOs
  18. Online Trading through Corporation Bank
  1. New Corp Jeevan Griha Raksha
  2. Insurance
  3. Mutual Funds
  4. NEW Corp Jeevan Raksha
  5. PPF Accounts and Senior Citizen Savings Scheme
  6. Pension Payments
  7. Collection of Central Excise and Service Tax
  8. Collection of Customs through E-payment
  9. Sale of Stamp Papers in Karnataka
  10. Collection of Sales Tax
  11. Collection of Direct Tax
  12. ECS handling at Sunday Working Branches
  13. Collection of Telephone Bills
  14. CorpDial - Telebanking
  15. Issuing Govt. of India Bonds
  16. PUSH Services
  17. PULL Services
  18. Mobile application

Corporation Bank Contact Details

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

Tel: 91-824-2426416 to 420
Fax: 91-824-2440964


Corporation Bank


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