Corp Saral Savings Account
The Corp Saral Savings Account is an all-in-one savings account that provides all-around benefits to help you maximize your savings. This savings account can be opened by an individual in their own name, by a minor who is represented by their parent/guardian, by clubs, societies, associations, trusts, executors, educational institutions, Hindu United Families, administrators, and by students who are above the age of 10 years.
Overview of Corp Saral Savings Account
The Corp Savings Account offers a host of helpful features like an online fund transfer facility, internet banking facility, mobile banking, debit card facility, checkbook facility, and more. Some of the additional benefits provided by this account include personal accident insurance cover, mobile recharge facility, payment of LIC premium via ATM., Internet banking, online opening of Fixed / Recurring deposits, monthly e-statement facility, Corp debit card transaction, etc.
Bank | Corporation Bank |
Category | Corp Saral Savings Account |
Minimum Balance Requirement | Minimum Quarterly Average Balance of Rs 1000 must be maintained in this account. |
Interest | Interest will be applicable at the same rate as is applicable to normal savings bank accounts.. |
ATM/Debit Card | ATM/Debit card to be provided with this account. |
Features of Corp Saral Savings Account:
Monthly Account Statement | Get monthly account e-statement to keep track of your account activity. |
Online Fund Transfer facility | Enjoy speedy and secure fund transfer online via NEFT. |
Cheque book facility | Customers get a personalized cheque book of 40 leaves / per year, free of charge. |
Internet Banking Facility | Internet banking facility is available free of charge to easily make payments online. |
Mobile / tablet banking | Mobile / tablet banking facility available. |
Option to Upgrade | Customers have the option to upgrade to higher variants of savings accounts to enjoy greater benefits, without having to change their existing account number. |
Demand Draft facility | Issuance of demand drafts can is done via internet banking free of charge. |
Additional Benefits of Corp Saral Account:
Opening of Fixed / Recurring Deposits | Account holders have the option to open a fixed or recurring deposit account online. |
Mobile Recharge | Mobile recharges can be done via internet banking or ATM. |
Payment of LIC Premium | Payment of LIC premiums can be done via internet banking or ATM. |
Insurance cover | Account holders will be provided with All account holders above the age of 18 years will be eligible for Personal Accident Cover worth Rs 1 lakh. |
GST of 18% is applicable on all banking products and services from July 1, 2017 onwards.
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