• Corporation Bank Corp Saral Plus Savings Account

    Savings Account
    • Instant money transfer
    • 24x7 ATM withdrawals
    • Attractive rate of interest

    Overview of Corporation Bank Corp Saral Plus Savings Account

    A savings account will not only help you save funds but will also allow you to carry out time - savings transactions like fund transfer, cheque deposits and debit card withdrawal. Corporation Bank Corp Saral Plus Savings Account combines the essential features of a savings account with modern banking system to offer impeccable banking experience. Corporation Bank Savings Account customers get an array of benefits like personal accident insurance cover, NEFT facility and e - passbook feature.

    Bank Corporation Bank
    Category Corporation Bank Corp Saral Plus Savings Account
    Minimum Average Balance Requirements (MAB) No minimum balance requirements
    Debit Card Offered Corporation Bank Visa Debit Card
    Initial Deposit Requirements This account has to be opened by depositing a minimum amount of Rs. 100.
    Interest Rate 4% per annum on daily minimum balance

    Services Offered with Corp Saral Plus Savings Account

    Read on to find more about the services that a Corporation Bank Corp Saral Plus Savings Account customer gets to enjoy.

    Passbook and e-Statements Passbook is offered at a nominal cost. Also, E - Passbook facility is offered to account holders. E- Statements will be sent to the account holder’s registered email id at no extra cost.
    SMS Alerts SMS Alerts are offered at a nominal charge of Rs. 100 plus service tax.
    Cheque Book 20 personalized cheque leaves per annum will be provided free of 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 Instant Internet Banking kit will be provided to the customer on account opening. Some operations in Internet Banking might be chargeable.

    Features of Corp Saral Plus Saving Account

    Outlined below are some of the countless features that come with Corporation Bank Corp Saral Plus Savings Account.

    Personal Accident Insurance Cover Corporation Bank Corp Saral Plus Savings Account holders get personal accident insurance cover worth Rs. 5 lakhs for a nominal fee of Rs. 100 per annum.
    Internet Banking Solutions Corporation Bank Corp Saral Plus Savings Account customers can enjoy free NEFT and free DD features with Net Banking facility.
    Instant Debit Card On account opening, Corporation Bank Corp Saral Plus Savings Account customers will be given a debit card instantly.
    Monthly e - Statements Account statements will be sent to the customer’s mail id every month which will help the account holder to keep track of his transactions in a better way.
    Any Branch Banking With the “Any Branch Banking” feature, customers can operate their account from any Corporation Bank branch.
    Online FD and RD facilites Corporation Bank Corp Saral Plus Savings Account customers can open a Recurring Deposit and Fixed Deposit accounts online without any hassles to get more returns on extra funds.

    Fees and Charges for Corporation Bank Corp Saral Plus Savings Account

    The fees and charges for services related to Corporation Bank Corp Saral Plus Savings Account are given below.

    Service / Product Fees & Charges
    Stop Payment Instruction Charges Rs. 50 plus service tax per cheque (Up to a maximum of Rs. 250)
    Standing Instruction Charges For setting up - Rs. 40 (one time payment) For execution of Standing instruction - No charge
    Account Closure Charges Rs. 100 plus service tax
    NEFT through Internet Banking Nil
    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 per instrument
    Point of Sale Limit Rs. 50, 000 per day

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    GST of 18% is applicable on all banking products and services from July 1, 2017 onwards.

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