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  Home » Banks In Jaipur » Corporation Bank
 
Corporation Bank
 

Hsitory of Copration Bank :
Established in the year 1906, Corporation Bank is an organisation based on the traditional Indian values of service to the community. Corp Bank is regarded as one of the well-run banks in the comity of Public Sector Banks in the country. The Bank has a unique history of 100 years of successful Banking and has stood the test of time by growing steadily, offering vast, varied and versatile services with a personal touch. Today, its good customer service, pre-eminent track record in House Keeping, adherence to Prudential Accounting norms, consistent profitability and adoption of modern technology for betterment of customer service have earned the Bank a place of pride in the Banking Community. The Bank has been richly endowed with a relatively young, dynamic and efficient manpower, which is the key factor of the Bank’s success. Excellence in performance and uniqueness in customer service form the central core of the Bank’s organisational culture. The growing confidence of its clientele is well reflected in the Bank’s performance in all critical areas of its operations all through the years. The Bank is a Public Sector Unit with 57.17% of Share Capital held by the Government of India. The Bank came out with its Initial Public Offer (IPO) in October 1997. The Bank’s Net Worth stood at Rs.3,765.45 crore as on 31.03.2007.

Corporation Bank is the first Public Sector Bank to publish the results under US GAAP. The Bank has been publishing the results under the US GAAP since 1998-99. The net profit of the Bank and its subsidiaries under US GAAP for the year 2004-05 stood at Rs. 435.89 crore against consolidated net profit of Rs. 350.69 crore registered under Indian GAAP method. As on 31.03.07, the Bank has a highly dedicated team of 11,880 employees who have made the encouraging performance of the Bank possible by extending exemplary services to its customers. The Bank will continue its endeavours in the development of human capital so as to provide unmatched services to its clientele. The Bank has better productivity levels than many of its peers in the Public Sector.

Chairman & Managing Director of Copration Bank : Shri B Sambamurthy.
Executive Director of Corporation Bank : Shri K.L. Gopalakrishna.
Directors of Corporation Bank : Shri Mukul Singhal,Shri. M A Srinivasan, Shri CH. Hanumantha Rao,Shri D.N. Prakash, Shri S. Ravi, Dr. C.Ramakrishna Kamath, Shri P.M. Sirajuddin, Shri Hiren Mehta.

Loans of Corporation Bank : Corp Site Purchase Loan, Corp IPO Scheme, Corp Mitra, Corp Byte - Computer Loan, Corp Flexi Home Loan FAQs, Corp Flexi Home Loan, Corp Mitra Gold, Corp Mobile -Vehicle Loan, Corp Consumer- For Consumer items, Corp Mahila Gold - For buying Gold, Corp Plus - OD for Professionals, Corp Rental, Corp Vidya - Education Loan, Corp Home - Housing Loan, Corp Cash Demat - Share Loan, Corp Mortgage - Loan against property, etc.

Term Deposit of Corporation Bank : Kshemanidhi Cash Certificates - KCC , Money Flex, Fixed Deposit, CorpTax Saver - Tax Saving Term Deposit, Tax Saver Kshemanidhi Cash Certificate (TSKCC), Corp Classic, Continuous Deposit, Ready Cash Deposit, Reccuring Deposit, Premium Deposit, Janatha Deposit, Corp Gold, etc.

Working Capital of Corporation Bank : The working capital limits would be considered only after the project nearing completion and after ensuring full tie-up of the term loan requirements of the borrower. These limits would be either in the form of fixed loans or running accounts and / or bill financing facility. The finance extended under this category would be for meeting the funds requirements for day to day operations of the units i.e, to meet reccurring expenses such as acquisition of raw material, the various expenses connected with products, conversion of raw materials into finished products, marketing and administrative expenses, etc.

Internet Banking of Corporation Bank : Login For Personal Banking, Login For Corporate Banking, Login For Cash Management, Corp-e-Cheque, Corp Net, View Demo - Personal Banking, View Demo - Corporate Banking, View Demo- Online Excise Duty payment, etc.

Cards Facilities of Corporation Bank : Cash back Campaign, Credit Card, Debit Card, etc.

Services of Corporation Bank : Pay by Mobile Service, SMS Banking facility, Corp Bullet - RTGS facility, Corp Card 2 Card Transfer, Corp Companion - Any Branch Banking Corp PowerCheq - Multi City Cheque facility, Online Railway Reservation, Corp, Mediclaim, Corp Bill Pay, Corp Mobile Recharge, Corp AnyTime Premium, PPF Accounts and Senior Citizen Savings Scheme, Collection of Telephone Bills, Collection of Customs through E-payment, Sale of Stamp Papers in Karnataka, Issuing Govt. of India Bonds, Collection of Sales Tax, Pension Payments, Collection of Direct Tax, Collection of Central Excise and Service Tax, NEW Corp Jeevan Raksha, New Corp Jeevan Griha Raksha Insurance, Mutual Funds, Depository Services, etc.


 
 
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