Corporation Bank Patna

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About Corporation Bank

Corporation Bank is one of the leading banks in India that offers personal loans and home loans at an affordable rate of interest and higher loan amount facility. The bank is also the oldest bank in the erstwhile undivided South Canara District of the Madras Presidency. This bank has won the hearts of many working towards the mission of giving the best of its services to the rural as well as the urban class of the India.

The bank has also won the ‘Best MSME Bank Award 2016’ and ten awards from NABARD for ‘Best Performance under Self Help Group (SHG)/Joint Liability Group (JLG) Bank Linkage program in Karnataka state for the financial year 2013-14 & 2014-15 to name a few out of the many. In Patna, the bank has spread its branches in all the places where the people can easily coordinate with the bank and vice-versa. Having said that, the bank has hence attracted a great strength of depositors as well as investors in its share.

Corporation Bank Patna Branch Addresses

Branch NameComplete AddressIFSCMICRContact Number
PatnaOpp: Republic Hotel, Exhibition Rd, Patna - 800001CORP00003238000170010612-2221636
Bowring Canal Road - PBBIndira Bhavan, Bowring Canal Road, Patna, 800001CORP00005508000170020612-2230041
DhanautMouza Dhanaut, Ramjaipal Nagar, Gola Road, District Patna - 801503CORP0001525800017004NA
HathikhanaMauza- Hathikhana, , Manpura - Danapur Cantt Road, , Post-Danapur., Dist Patna-801503CORP0001535800017005NA
MohsinpurNagarnausa Crossing, Nh 30, Mohsinpur, Post Khusrupur, Patna 803202 BiharCORP00016438000175010612-2416701
Mini Caps-PatnaMini Caps Centre, Exhibition Road, PatnaCORP0008959NON-MICRNA
Patna-Doctors ColonyE-128, Doctors Colony, Gr Floor, Malahi Pakri More, Kankarbagh, Patna 800020 BiharCORP00017148000170060612-2364422
ManerAt-Maner Tola, Opposite Maner Police Station, Maner, Patna 801108 BiharCORP000186780001750206115-286980
Phulwari SharifGround Floor, Girija Complex, Beur Jail Road, Patna 800002 BiharCORP00018688000170070612-2251755
BakhtiyarpurGround Floor, Vaishnavi Complex, N.H 30 Ward No 16, Bakhtiyarpur, Patna 803212 BiharCORP000186980301730206132-226091
KurthaurNear Bramha Sthan, Nh-83, Patna 804453 BiharCORP00018758000170089199498343
Patna Rajabazar1St Floor Maa Complex Ashiyana Digha Road Post B V College, Rajabazar Patna 800014 BiharCORP0001990NON-MICR9386741961
Patna CityGround Floor, Mahalaxmi Complex Gurhatta, Near Durga Mandir, Patna City 800008 BiharCORP0001991NON-MICR8986785427
Patna Kankarbag Main RoadChunni Plaza Complex A Near Nalanda Medical College Kankarbag Main Road PatnaCORP0003274NON-MICR2344318

Products Offered by Corporation Bank in Patna

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 Patna, the bank offers affordable personal loans, home loans, loan against property, business loan, vehicle loan, and investment products like fixed deposit.

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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