Corporation Bank Ahmedabad

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About Corporation Bank

Corporation Bank has always believed in providing the best services to its customers and that is the reason, it has won the heart of so many. The bank got its name in the year 1972 and since then it continues to offer affordable loan offers and higher savings on investment products. The home loan products and the personal loan products are available at a competitive rate of interest and higher loan amount making it people-friendly. If we talk about the awards and recognition, Corporate Bank bagged the ‘Best MSME Bank Award 2016’ instituted by The Associated Chambers of Commerce & Industry of India (ASSOCHAM). Other than this, the bank has also got the ‘Excellence Award on Empowering MSMEs 2016’ and ‘SKOCH Achiever Award-2016’ for National SME enablement.

In Ahmedabad, Corporation Bank has many branches covering almost all the main areas of the city and hence making it convenient for the people to coordinate with the bank. From credit cards to investment products, all the products of the bank are designed by keeping in mind the affordability of the common people as well as the business-class. So, go through all the products and their basic details in the Ahmedabad region and experience an affordable financial services journey with Corporation Bank.

Branch Addresses of Corporation Bank in Ahmedabad

Branch NameComplete AddressIFSCMICRContact Number
Shahibaug CR Road Advance Plaza, Shahibagh Road, Ahmedabad- 380004CORP0000134 380017003079-25633618
Navrangpur Navaranpura, Ahmedabad-380009, CORP0000335 380017002079-26561252
M.J.Library-CPBB Ashram Road, ELlis Bridge, Ahmedabad- 380006CORP0000460 380017005079-26586376
Gurukul Road- -PBB2nd Floor, Memnagar, Ahmedabad-380052CORP0000555 380017008079-27491424
Satellite Road- PBBSatellite Road, T.P. Scheme 6, Ahmedabad-380015CORP0000556 380017007079-26749519
Sarkej Highway Judges Bunglow Road, Ahmedabad- 380054CORP0000658 380017011079-6858751
Tilak Road LIC Building, ILAK Road, Ahmedabad-380001CORP0000673 380017012079-25511193
Mani Nagar Srushti-II, Near Ramji Temple, Punit Ashram Road, Mani Nagar, Ahmedabad-380008.CORP0001177 380017013079 - 25470838; 25470087
Chandkheda 123 - 128 Orange Mall, Near Sharda Petrol Pump, Chandkheda, Ahmedabad-382424CORP0001179 380017014079 23972921 , 07923972922
Bavla Shop No. 8,9,10,82,83 & 81, 80, Shiv Ganga Complex, Nava Bazar Chowk, Station Road, Bavla, Ahmedabad-382220CORP0001366 380017017NA
ShelaShop No. G3, Samata Complex, Near Sahara City, S P Ring Road, Village Shela, taluka Sanand, Ahmedabad-380058CORP0001495 380017018NA
Changodar Block No. 563, Paiki, TD Complex, Near Gati Transport, Sarkej Bavla Highway, Changodar, Ahmedabad-382213 CORP0001648 38001701902717-250011
Prahlad Nagar No. 15, Ground Floor, Campus Corner II, Prahlad Nagar, Cross Road, Ahmedabad-380015 GUJARATCORP0001689 3800170209725518789
Vatva Plot Now. 1111, Phase 3, GIDC Vatva, Ahmedabad- 382445CORP0003036 NON-MICR8866386750
Vastral Abjibapa Complex Vastral CORP0003071 NON-MICR8401067564
Naroda Laxmi Villa Greens Shop No. 14, haridarshan Char Rasta, Nawa Naroda, Ahmedabad CORP0003323 NON-MICR9408664224
Viramgam Shop Now. 7 8 9 City Centre Taluka, Sevasadan, Viramgam CORP0003327 NON-MICR9924417772
Nehru Nagar Shop No. 2, Shivalik 10, Ambawadi, Nehru Nagar, Ahmedabad- 380015 CORP0003359 NON-MICR26308551
Odhav SME Ground Floor Shop No 32 35 Siddhivinayak Complex, Near HDFC Bank, Odhav Circle, Odhav CORP0003407 NON-MICR7043737198
Dehgam Shop No 3 4 and 8 at R J Avenue, Dehgam, Gujarat-382305CORP0003439 NON-MICR8000910327
C G Road Shoppers Plaza 6 Opposite Municipal Market C G Road, Navrangpura, Ahmedabad- 380009CORP0003445 NON-MICR8469667283
New Ranip Shop No 13 to 17
Sun Saral Opposite Vijaya Bank, New Ranip- 382480
CORP0003448 NON-MICR8238088588

Products Offered by Corporation Bank in Ahmedabad

Corporation Bank is one of the leading banks in India that offers services under the following sections- personal, corporates, NRI, PMJDY (Pradhan Mantri Jan Dhan Yojana), and E-banking. In Ahmedabad, the bank offers personal loans, home loans, loan against property, business loan, vehicle loan, and fixed deposit products other than a saving account.

Basic Details of Corporation Bank Products

ProductEligibilityAmount Interest RateProcessing FeeTenure
Home Loan Between 18 to 65 years, with independent and regular source of income.For Metro Cities - ₹ 500 lakh
Port Town(Other than Metro) and Urban Cities- ₹100 lakhs
Semi Urban Cities-₹50 lakh
Rural Cities -₹ 35 lakhs
8.50% - 9.20%Corp Home-0.50% of loan amount, maximum of ₹ 50,000


Corp Ghar Shobha-0.50% of loan amount subject to a minimum of ₹ 10,000/-
30 years
Personal Loan For Salaried – 21-60 years

For Self-Employed

24-65 years
Minimum - ₹0.10 lakh


Maximum -₹ 3.50 lakh
12.85% - 13.85% 1.50% of the loan amount subject to a minimum of ₹ 500 5 Years
Vehicle LoanFor Salaried- 18-70 years

For self-employed/partnership business/private and public sector -
Above 18 years and below70 years at the time of loan maturity
Two Wheeler- ₹1 lakh

Three Wheeler-₹ 2 lakhs per vehicle

Four Wheeler-₹ 1 crore per vehicle

Heavy Vehicle/Water Transport Vehicle-₹ 5 crore per vehicle
9.30% - 9.80% Two/Three -wheeler: 0.50% of loan amount, subject to minimum of ₹ 500/-

Four -wheelers and others- 1% of the loan amount subject to minimum of ₹ 1,000/-

[0.75% of loan, minimum of ₹ 2,000/- under CCVL Scheme]
Two Wheeler-
3 years

Three Wheeler-
5 years


For Other than two and three wheeler-
7 years
Business Loan 1. Individual / Sole Proprietorship / Partnership firm/HUF/ Joint Stock Company or any other entity engaged in trading/business activity either on retail or whole sale basis for a period of 1 year prior to seeking sanction of loan.
2. Units engaged in manufacturing/processing/ SSI units/ Commission agents /Contractors are also eligible for loan provided stock is available /held by them for hypothecation.

3. Applicant must have either sales tax-registration OR trade/business license/permit issued by any Statutory Authority/Recognized body.
Minimum -₹ 2 lakhs

Maximum Loan Amount :

For Metro Cities - ₹ 500 lakh

Port Town(Other than Metro) and Urban Cities- ₹200 lakhs
Semi Urban Cities-₹100 lakh
Rural Cities -₹ 30 lakhs
Varies from Individual to Individual1% of the limit sanctioned Upto 7 years
Loan Against Property18 - 65 years owning residential /Commercial property / Industrial property, land and/or building,Minimum -₹ 2 lakhs

Maximum Loan Amount :

For Metro Cities - ₹ 500 lakh
Port Town(Other than Metro) and Urban Cities- ₹300 lakhs
Semi Urban Cities-₹25 lakh
Rural Cities -₹ 10 lakhs
11.20%-13.20%Term loan : 1% of the limit sanctioned7 to 10 years
Fixed DepositIndividuals, Hindu Undivided Families (HUFs), Minor represented by parents/guardian,Guardian on behalf of societies, clubs, trusts and associations, associations, clubs, trusts, sole proprietorship firms, partnership firms and limited companiesNIL4.50% - 7.30% NIL7 Days-10 years

Documents Required

ProductDocuments
Home Loan Identity Proof-PAN Card/Passport/Voter ID/Driving License/Aadhaar Card

Address Proof-Utility Bill/Passport/Aadhaar Card/Voter ID

Income Proof-Latest Salary Slips & Form 16 for Salaried
- Profit & Loss A/C Statement & Audited Balance Sheet for the Last 3 Years

Bank Account Statement for the Last 6 Months

Track record of existing loans, if any

Details of property you look to buy & construct
Personal Loan Identity Proof- PAN Card/Voter ID/Driving License/Aadhar Card/Passport
Address Proof- Utility bill/Passport/Aadhar card/Voter ID
Income Proof- Latest Salary Slip/ ITR/Form-16
Bank Statement- Last 3-6 Month Bank Statement
Vehicle LoanProof of Identity: Passport copy, PAN Card, Voters Id card, driving license( Laminated, Recent, Legible)

Proof of Address: Ration card/Driving license/Voters card/passport copy/telephone bill/ electricity bill/Life insurance policy PAN Card.

Proof of Income: Latest salary slip with form 16 / Audited balance sheet, Profit & Loss Account for latest two years/ Have a minimum turnover of ₹ 4,50,000 per annum / Audited balance sheet, Profit & Loss Account for latest two years and the latest 2 years IT returns of the company / Latest ITR

Bank Statement: Last 6 months
Business Loan Identity Proof-PAN Card/Passport/Voter ID/Driving License/Aadhaar Card

Address Proof-Utility Bill/Passport/Aadhaar Card/Voter ID

Income Proof-Latest Salary Slips & Form 16 for Salaried
- Profit & Loss A/C Statement & Audited Balance Sheet for the Last 2Years for self-employed

Bank Account Statement for the Last 6 Months

Track record of existing loans, if any

Trade License applicable to a proprietor/partnership firm

Ownership documents, if any, of the security

Copy of Partnership deed/Memorandum of Association (MOA and Articles of Association (AOA) or other documents. These documents apply in the case of partnership firm or a company
Loan Against PropertyIdentity Proof-PAN Card/Passport/Voter ID/Driving License/Aadhaar Card

Address Proof-Utility Bill/Passport/Aadhaar Card/Voter ID

Income Proof-Latest Salary Slips & Form 16 for Salaried
- Profit & Loss A/C Statement & Audited Balance Sheet for the Last 3 Years for self-employed

Bank Account Statement for the Last 6 Months

Track record of existing loans, if any

Details of property to be mortgaged
Fixed DepositAn Individual, Hindu Undivided Family, Sole Proprietorship Concern

ID Proof – Passport, PAN Card, Driving Licence, Voter ID, Government ID Card, Senior Citizen ID Card
Address Proof - Telephone Bill, Electricity Bill, ID Card Issued by Post Office,

 

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