[nilesh]

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Would you please gather information about types of fund transfer facilities offer to customers by Corporation Bank through net banking?

[vikash]

On your demand I will let you know more about Corporation Bank, types of fund transfer facilities through net banking so that you can go through it.

Types of fund transfer facilities
Fund Transfer:
The maximum amount that can be transferred using Funds Transfer option is Rs. 5,00,000/- (Rupees Five Lakh only) per day for retail banking customers.

Own Account Transfer:
Enables transfer of funds from one account of the customer to the other within the same branch or across branches. No OTP is required for own account transfer.

Third Party Fund Transfer:
To effect third party funds transfer, the customer should have registered the beneficiary at the base branch where the account is maintained or created the beneficiary online.

For creating a beneficiary online, the customer should have registered the mobile number and the email- ID with the Bank.

Facility to transfer funds to third party accounts within the Bank or across Banks, Funds transfer to other Banks, is facilitated using National Electronics Fund Transfer (NEFT) and Real Time Gross Settlement (RTGS).

Fund transfer through NEFT is done in hourly batches from 8:00 AM to 7:00 PM (SATURDAYS 8:00 AM to 1:00 PM.) and Fund transfer through RTGS is done on real time basis from 09.00 A.M. TO 04.30 P.M. (SATURDAYS 09.00 A.M. TO 1.30 P.M.) respectively.

Other types of net banking facilities

Account Details:
Active Accounts:
Running Accounts:
Branch Name, Account Number, Name of the Account, Operation Clause, Nominee Details, Date of Opening the Account, Clear & Unclear Balance, Last updated Date.

Deposit Accounts:
Branch Name, Account Number, Name of the Account, Repayment Clause, Nominee Details, Date of Deposit, Date of Maturity, Period of Deposit, Rate of Interest, Maturity Value, Current Balance, Tax Deduction at source.

Loan Accounts:
Branch Name, Account Number, Name of the Account, Repayment Clause, Nominee Details, Loan Availed Date, Loan Period, Rate of Interest, Repayment Schedule, Current Balance.

For full information please check the file


Address:-
Corporation Bank
Mangaladevi Temple Road
Pandeshwar
MANGALORE - 575 001
Karnataka, India

Phone:-
91-824-2861888