What is ANY BRANCH
BANKING?
Any Branch Banking (ABB) is a facility for
our customers to operate their account from
any of our networked branches. The branch
where the customer maintains his account is
the base branch and the branch from where he
carries out his transactions is referred as
the remote branches. Any Branch Banking
facility is available in ALL branches of
Corporation Bank.
FACILITIES available under ABB:
Cash Withdrawal: You can withdraw cash from
your account from any of our Core connected
branches by presenting a self drawn cheque.
This facility is not extended for
withdrawals by any third party. Maximum
amount of cash that can be withdrawn across
the Bank on a particular day is Rs One Lakh
only
Cash Deposit: Deposit cash for credit of
your account through any of our core
connected branches. Maximum amount of cash
that can be deposited across the Bank on a
particular day is Rs One Lakh only
Fund Transfers: Instantly transfer funds
between your accounts or between your
account and any third party account
maintained at different core connected
branches.
Purchase of Demand Drafts / Pay Orders:
Purchase demand drafts / pay orders at any
remote branch by debiting your account
maintained at the base branch.
Deposit of Local Cheques: You can deposit
local cheques at remote branches for
credting the proceeds after realization to
your account maintained at base branches.
Stop Payment facility at Remote Branches:
You can give instructions to Stop Payment of
cheques issued by you at any of our branches
by simply giving a written request. You can
also revoke the stop payment instruction
issued by you earlier
Repayment to Loan accounts: Now you can make
repayments to your loans such as Home Loan,
Vehicle Loan, etc. held with your branch
through any of the Corp Bank Branches by
Cash / Local cheque.
Eligible Customers
· All adult individual customers and
proprietary concerns having an SB, Current
account, Corp 4-in-1 Current a/c, Corp
Classic and Borrowal accounts such as Cash
Credit, Overdraft a/c etc.
· All business concerns like Partnerships,
Corporate Bodies, HUF, Trusts, Clubs,
Associations, Institutions, Organisations,
Government, Administrators and executors.
· Joint Accounts
· Power of Attorney, Mandate holders
Limits on Transactions
Nature
of Transaction |
Type
of Account |
Daily Limit
|
Minimum Floor Limit For Cash withdrawal / deposit / Fund Transfers
|
|
Rs 1,000/-
|
Cash Withdrawal
|
|
Rs 100,000/-
|
Cash Deposit
|
|
Upto Rs 50,000/- without PAN and upto Rs 100,000 with PAN
|
Fund Transfer
|
|
No limit (subject to
availability of funds in the account)
|
Multi City Cheque facility
|
|
No limit (subject to
availability of funds in the account)
|
|