Corporation Bank personal loan helps an individual in meeting his genuine personal needs. At Corporation Bank, an individual can avail a loan amount of maximum Rs. 3.50 lakh and can repay in by maximum 60 months. This personal loan can be used to deal with various situations in life like wedding, a medical emergency, home renovation, higher studies, etc. Corporation Bank personal loan is easy to avail but in case you face an issue, the customer care team of the bank is there to help you.
Customer Care of Corporation Bank
The customer care section is for allowing customers to contact for any query or enquiry with ease. The details for customer care to contact for loans are mentioned below.
| Contact Address | Corporation Bank – Customer Service Division Corporate Office Mangla Devi Temple Road Pandeshwar MANGALORE 575 001 |
| Email Id | query@corpbank.co.in |
| Helpline Number | 0824-2440659, 0824 – 2861555 and Board Line No: 0824 – 2861888 |
The customers can also write letters at the above mentioned address in case of an inquiry not being addressed by the respective authority or if are not connected through mail or calls. You can also visit the nearest branch of Corporation Bank that can be located here.
Transfer Your Personal Loan at Lower Interest Rates Apply Now
Key Features of Corporation Bank Personal Loan
Some of the key features of Corporation Bank personal loan are:
- Self-employed and salaries both can avail these loans.
- The personal loan can be availed upto Rs. 3.50 lakh.
- The tenure provided for the loan goes upto 60 months.
- The interest rate offered is reasonable.
Eligibility Criteria to Avail Corporation Bank Personal Loan
- The eligibility criteria to avail Corporation Bank personal loan are mentioned below.
- Permanent employees of Central / State Government offices, profit-making Public Sector Undertakings, Public Limited Companies, Schools, Colleges, Universities, Research Institutions, Pensioners drawing pension through our Bank and individuals with income other than salary / pension.
- Permanent employees of reputed Private Companies/Firms are also eligible.
- Employees whose salaries are routed through the Branch.
- Pensioners drawing pension through the branch.
- Other than salaried class having regular dealings with the branch.
Frequently Asked Questions
Ques. How long will bank take to pass my personal loan application?
Ans: Banks do not take more than 15 days to reply for the application. Some banks take just 2-3 hours to reply.
Ques. What is the tenure offered for personal loan?
Ans: The tenure for Corporation Bank personal loan goes upto 60 months and can be decided by an individual as per his repayment ability.
Ques. What is the age that one can apply for personal loan?
The age is supposed to be at least 21 or more than that for applying for loan and 58 at the time of maturity.
Ques. What is the processing fee of Corporation Bank personal loan?
Ans: The processing fee of Corporation Bank personal loan is 1.50% of the loan amount subject to a minimum of Rs. 500.