Corporation Bank

BANKING

Corporation Bank reaches out to masses to open Savings Accounts

         Corporation Bank, a premier Public Sector Bank, headquartered at Mangalore, organized a massive reaching-out-to-masses campaign in the city on Monday, the 29^th July 2013.  The door-to-door campaign for opening Savings Accounts of public is a part of the Bank’s recently launched drive, ‘Hazaar Muskaane’, meaning ‘Thousand Smiles’, which aims at opening 1,000 [one thousand] new accounts per branch in all its 1,737 branches across the country between the period 15^th July 2013 & 30^th September 2013.    

 

         The door-to-door campaign for reaching out to the customers was kick-started by Shri B K Srivastav, Executive Director of the Bank at the headquarters, in the presence of Shri K Giridhar Shenoy, General Manager, Dr. Kurian P Abraham, Deputy General Manager [Marketing & Publicity], Shri D M Mujumdar, Deputy General Manager & Zonal Head of Mangalore Zone, other executives and a large number of officials of the Bank.  In his initial remarks, Shri B K Srivastav, Executive Director of the Bank emphasized the need for reaching out to masses and helping them open account with the Bank, so that they get a host of facilities, including direct benefit transfer of the Government. 

         About 150 officials of the Bank were in the streets of Mangalore in the city, interacting with public, explaining to them about the services provided by the Bank and assisting them in opening accounts with the Bank.  The camps were conducted in and around nine important locations in the city, viz., Pandeshwar, Kankanady / Jeppu, Kadri / Kodialbail, Bunder, Car Street, Poonja Arcade / Ram Bhavan Complex, M G Road / Ashok Nagar, Baikampady and B C Road. 

           

         Corporation Bank has been a pioneer in implementing ‘Financial Inclusion’, thereby providing basic bank accounts to lakhs of people, particularly belonging to rural areas and economically lower sections. While the Bank focuses on improving its CASA [Current and Savings Accounts] base, it is looking at providing variants of Savings Accounts to people depending on their requirements and financial conditions, so that even the poorest among the lot will be able to open an account with the Bank.  Further, seeding the ‘Aadhaar’ Number into the Bank account will facilitate a customer to avail applicable government benefits like LPG subsidy, pension, scholarship, etc.

         As such, the Bank offers various types of Savings Accounts, viz., ‘Corp Pragathi’, ‘Corp Saral’, ‘Corp Super’, ‘Corp Signature’, ‘Corp Classic’, ‘Corp Mahila Power’ & ‘Corp New Gen’ apart from the regular SB Account, catering to different types of customers by providing various facilities.