Corporation Bank introduces two new term deposits
By Neelima Shankar
Dec 4, 2012
Print    Email    RSS   

The public sector lender, Corporation Bank has launched two new term deposit products (fixed deposit)- ‘Corp Gain' and ‘Corp Super Gain Plus'- with effect from December 4, 2012.

A bank release of Corporation Bank said here on Monday that Corp Gain is offered for 222 days with the interest rate of 9 per cent. Corp Super Gain is offered to the general public for 444 days with an interest rate of 9.25 per cent.

The amount of deposit is Rs 10000 for both the new schemes and maximum amount for deposit is Rs 5 crore. The release said that there is no penalty for premature closure.

Recently, Corporation Bank has started providing its customers the facility to carry out banking transactions through tablet PCs and iPads. This latest development of the bank in the digital banking space was announced by Mr. Ajai Kumar, Chairman and Managing Director of the bank.


(Comments Posted : 0) Post Your Comments
Show All Comments
 Select a product:

 Select a product:

Recurring deposits: to the benefit of the...
Carnival of Indian Personal Finance Blogs #1
12 point conduct checklist for bank and...
ICICI Bank’s recurring deposit scheme
FMPs or FDs: Make an informed choice

MEXING: CaℒL Giℛℒ In Hoshiarpur 09855660911...
Sakeela.CaℒL Giℛℒs In Kharar 0985566O911...
NANGAL: CaℒL Giℛℒ In Una 09855660911 Escoℛt...

Federal Bank launched V connect for its customers Feb 12, 2015
Andhra Bank on expansion mode Feb 11, 2015
Dena Bank earned a profit of 13%. Feb 9, 2015
Banks expected to cut down the rates Feb 5, 2015
RBI kept the rates unchanged Feb 4, 2015
News Archive