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Monday, February 4, 2013

Corporation Bank unveils new products

Corporation Bank has launched two new savings account variants — SB Super and SB Signature.

According to a bank release, Ajai Kumar, Chairman and Managing Director, launched the new products at an NRI meet at Dubai on Saturday.

A customer should maintain a minimum quarterly average balance (QAB) of Rs 15,000 for SB Super and Rs 1 lakh for SB Signature.

For both SB Super and SB Signature, preferential loan processing will be offered by affixing ‘priority’ seal by the branch while forwarding loan applications.

Bundled demat and trading account is offered for both the variants including a waiver of annual maintenance charges for the first year.

Offers and concessions in service charges for both the variants include free NEFT, SMS banking, and 25 per cent concession in bank charges for gold coins, the release added.

Source: thehindubusinessline


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