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Corporation Bank

 

Corporation Bank

Corporation Bank is an India-based banking company based in Mangalore, India. Corporation Bank is one of the oldest banks in India and completed its 100 years of existence on 12 March 2006. The Bank is a Public Sector Unit with 57.17% of Share Capital held by the Government of India. The Corporation Bank has Representative Offices at Dubai and at Hong Kong.

Corporation Bank currently has a network of 1155 fully automated CBS branches, 1145 ATMs and 1200 Branchless Banking Units across the country. The bank has also drawn up plans to open 700 new branches in the next five years. Corporation Bank has recorded Rs. 1,67,000 Crore mark in business with over 3500 service outlets across India.

 
 

Corporation Bank HQ Location Map

Corporation Bank Head Office
Mangaladevi Temple Road
Pandeshwar
Mangarole - 575 001
Karnataka, India

Tel : 91-824-2426416 to 420
Fax: 91-824-2440964

Toll Free: 1800 425 2407

Banking Hours‎:
Mon-Fri : 9.30am - 5.00pm‎
Sat : 9.30am - 1.30pm

Swift Code : CORPINBB

 

 

 

Corporation Bank is one of 20 major nationalised commercial banks in India. Nationalised banks dominate the banking system in India. The major objective behind nationalisation was to spread banking infrastructure in rural areas and make cheap finance available to Indian farmers. With this, the Government of India held a control over 91% of the banking industry in India. After the nationalisation of banks there was a huge jump in the deposits and advances with the banks.

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