Corporation Bank Gurugram

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About Corporation Bank

Corporation Bank has recorded ₹3,45,493 Crore mark in the business and has over 10,204 branches all over India. In 1997, the bank became the Second Public Sector Bank in the country to enter the capital market. Having spread it wings across the nation, Corporation Bank has made its place in the heart of the rural as well as the urban class of the country. Since the bank offers affordable loan schemes be it a personal loan or a home loan, it has become more convenient for the common people to apply for a loan without hurting their pocket much.

In Gurugram, the bank has spread across all the regions that are convenient and easy to approach as well. Other than its loan products, the credit cards, investment products, the CSR unit of the bank, all in one have a great approach towards the well-being and development of the people of the country. Today, Corporation Bank holds a significant position in the list of contributors of the nation’s economic growth. The bank motivates people to take a step forward and invest their money with a positive outlook.

Branch Addresses of Corporation Bank in Gurugram

Branch NameComplete AddressIFSCMICRContact Number
Gurugram MainSCF 87 88 Shopping Area Sector 14, Gurugram, Haryana-122001CORP0000449 1100170160124 2225234
Maruthi KunjDelhi Public School, No.1535, Type B Maruthi Kunj, Village Bhondsi, GurugramCORP0000545 1100170340124-2267131
Sector 31, GurugramSCO 41/42/43 , Sector 31/32 A, Gurugram -122001CORP0000778 1100170560124-2381677, 2381678
ManesarPal Tower, NH - 8 (Bus Stand), Manesar- 122050CORP0000838 1100170680124-2337722
Garhi Harsaru Road Garhi to Sultanpur Near Yes Bank Building VPO Garhi Harsaru, GurugramCORP0001080 110017082NA
Sohna Building No 34/15, Near Jain Hospital, Delhi Alwar Road, Sohna, GurugramCORP0001081 110017083NA
Palam Vihar SCO - 48, Sec-23 A, Behind Petrol Pump GurugramCORP0001131 110017085NA
NICMAR - GurugramPlot No.B, Ground Floor-001, A, B, C, Millenium Tower B, Sushant Lok, Gurugram - 122009CORP0002055 1100170660124-2572054
Meenakshi Public School Meenakshi Public School Branch, Sector-10A, Khandasa Road, Gurugram -122001CORP0002112 1100170590124-2373048
Sector-56, GurugramSCO - 42, Shopping Complex, Sector-56, Gurugram - 122011, HaryanaCORP0001171 1100170940124-2385538 // 01242385539 ( NO FAX NO. AVAILABLE)

Products Offered by Corporation Bank in Gurugram

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 Gurugram, the bank affordable offers personal loans, home loans, loan against property, business loan, vehicle loan, and fixed deposit products. So, have a look at the eligibility and the basic product details of all the major products offered by the bank.

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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