Corporation Bank Corp Arambh Savings Account

Passbook and e-Statements

Passbook will be offered free of cost with account opening kit. E- Statements will be sent to the registered email id of the customer at a nominal charge.

SMS Alerts

SMS Alerts are offered at a nominal cost of Rs. 100 plus service tax per annum.

Cheque Book

40 personalized cheque leaves per annum will be provided at no extra cost. Additional cheque leaves will cost Rs. 4 per leaf.

Cash Withdrawal

Other Bank ATMs - 5 transactions (financial and non - financial) free per month. Corporation Bank ATMs - Free unlimited transactions

Internet Banking

Internet Banking facilities will be offered at a nominal charge.

No Minimum Balance Required

Corporation Bank Corp Arambh Savings Account is a zero balance account.No minimum balance requirements means easy savings and more liquidity!

Nomination Facility

Corporation Bank Corp Arambh Savings Account holders can appoint a nominee to act on the account in case of untimely demise of the account holder.

Hassle Free Banking

Corp Arambh Savings Bank Account customers can use Net Banking and SMS Banking facilities to transact without any hassles.

High PoS Limits

Corporation Bank Corp Arambh Savings Account holders can use their Visa debit card to withdraw up to Rs. 25,000 from the ATM and transact for up to Rs. 50,000 at merchant point of Sale.

Value Added Services

Corporation Bank Corp Arambh Savings Account customers get access to other essential banking services like inland remittance facility, passbook, ABB facility and personalized cheque book.

Easy Application Process under Simplified KYC

The applicant has to submit a self attested photograph and affix thumb impression on the form in presence of concerned authorities for account opening. They can submit full KYC Documents within 2 years of account opening to upgrade the account to normal SB Account or Copr Pragathi Account.

Stop Payment Instruction Charges

Rs. 50 plus service tax per cheque (Up to a maximum of Rs. 250)

Charges for non-maintenance of Quarterly Average Balance

Rs. 100 per service tax

Account Closure Charges

NA

RTGS Charges (doe through bank)

For transfer of Rs. 2 lakh to Rs. 5 lakh - Rs. 25 to Rs. 30 For transfer of Rs. 5 lakh and above - Rs. 50 Outward Transactions after 3.30 PM - Rs. 30

Duplicate Passbook

With latest entry : Rs. 100 With previous entries per page : Rs. 100 Beyond six months' entries per page : Rs. 150

Interest Certificate and issue of duplicate deposit receipt

Rs. 100

ECS Return Charges

Rs. 200 per transaction

Standing Instruction Charges

For setting up the Standing Instruction - Rs. 40 (one time charge) For execution of standing instruction - no charge