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 |