Corporation Bank

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6384
Corporation Bank

Reviews:

 

Considered in the category of Public Sector Bank, Corporation Bank is one of the most developed banks preferred by both institutions and individuals in India. The company offers services in different areas such as personal, corporate, NRI, Priority, PMJDY, E-banking, Enquries, investor relations, corp renting, paying online. Moreover, the different credit cards offered by the Corporation Bank are frequently used throughout India. This Corporation Bank is preferred by many people especially for its premature withdrawal, tax savings, and NRO deposit friendly features. See the rest of the article for other alternatives offered by the Corporation Bank.

Corporation Bank Benefits

Forex Service

Unlike other banks, individuals who are clients of Corporation Bank are more fortunate in making money from Forex. Because this bank advises its clients on the Forex system, forms Forex trading strategy and helps users in transactions. As a corporate customer, you can also get Forex service from Corporation Bank.

Professional Services

When you apply to Corporation Bank as a corporate customer, you have the opportunity to receive a detailed and professional service in the field of cash management. In this context, especially companies that have started their working life can make a good start.

Interest Rates

Interest rates on transactions under NRI FD range from 6.65% to 6.75%. The interest rate determined for other transactions varies between 5% – 7.10%.

Crisil Rating Score

This bank’s score in the Crisil Rating system is 4 out of 5.

Tax Savings

Thanks to tax saving options, the institution provides convenience to all customers, especially corporate customers.

Loans

There is no need to go to the bank for a loan or account opening! Because all of the pre-application you can do for these two processes can be performed online. Then you have to submit the documents to the bank.

Corporation Bank FAQs

Is there any service can help me to pay my bills, offered by Corporation Bank?

If paying your bills is a very tiring and difficult burden for you, this problem will also disappear with Corporation Bank. Thanks to advanced automatic payment order options, you can pay all your bills through your debit card account.

What are the tenure range and deposit range determined by Corporate Bank?

Tenure range determined by Corporation Bank varies between 7 Days to 10 Years - 1 Year onwards. The deposit range determined by the bank is up to ₹ 1Cr.

What are the main required documents for application?

You must have address proof and ID proof for application. 

Corporation Bank

0.00
7.8

Interest Rate

8.3/10

Customer Care

8.2/10

Online & Mobile Banking

7.5/10

Loans

7.1/10

Pros

  • Reasonable interest rates.
  • Good loan options in the bank.
  • Good professional services of the bank. You will like the customer care.

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