Corporation Bank Bengaluru

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About Corporation Bank

Corporation Bank came into being as Canara Banking Corporation (Udipi) Limited on 12th March 1906 in the temple town of Udipi. The bank started functioning with just ₹5,000/- as its capital and now has crossed miles in terms of profit making. The Founder President Khan Bahadur Haji Abdullah Haji Kasim Saheb Bahadur took the pledge to fulfill all the financial needs of the people and also to initiate the habit of savings and intelligent decision making in terms of finances.

Talking about the subsidiaries of the bank, it has one Subsidiary named CorpBank Securities Ltd formed as a Primary Dealer to deal in Government Securities. Corp Bank Securities is a wholly owned subsidiary of Corporation Bank in Securities Trading. The subsidiary primarily deals in trading of government securities, bonds, and treasury bills.

Corporate Bank has spread its wings in Bangalore or Bengaluru with the wide range of products and customer-friendly assurance as well. The loan products as well as the investment products, of Corporation Bank, are one of the best in the banking sector of India. The bank gives affordable loan scheme making it easy for the people to get a loan without hurting their pocket much. Not only this, the investment products offered by Corporation Bank come with the scope of a handsome saving amount.

Branch Addresses of Corporation Bank in Bengaluru

Branch NameComplete AddressIFSCMICRContact Number
Bangalore City 1st, T.V.Complex 118, Kilkari Road, Bangalore- 560053CORP0000022 560017007080-22206467
Bangalore Cantonment 14/15, K.Kamaraj road, P.B.NO.4242, Cantonment, Bangalore-560042CORP0000046 560017003080-25550523, 25589462
Doddaballapur Hungi Complex, Main Road, Doddaballapur, Bangalore-561203CORP0000050 560017065080-27622045
Bangalore Maheshwaram South End Road, Malleswara, Bangalore- 560020CORP0000056 560017018080-23312523
Basavangudi 6, Gandhi Bazar, Basavangudi, Bangalore-560004CORP0000069 560017014080-26508870
Bangalore Jayanagar III Block, 9th A Main Road, Bangalore- 560011CORP0000074 560017015080-26637331
Yelahanka Hospital Road, P.B. No. 6413, Yelahanka, Bengaluru- 560064CORP0000075 560017010080-28462032
Doddabelavangala Vinutha Nilaya, Doddbelavangala, Doddabaalapur, Bengaluru- 561204CORP0000091 560017501080-27655227
Kanaswadi Kanasawadi, Doddaballapur, Bengaluru-561203CORP0000092 560017502080-27653232
TubagereBuilding 36K, Tubagere, Bengaluru- 561205CORP0000093 562017502080-27652223

Products Offered by Corporation Bank in Bengaluru

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 Bengaluru, the bank offers personal loans, home loans, loan against property, business loan, vehicle loan, and fixed deposit products other than savings 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% - 9.30%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% - 13.95% 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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