Corporation Bank (कॉरपोरेशन बैंक) is a public sector bank in India and the bank was incepted in March 1906. The bank is over 111 years old and the bank has its headquarters in Mangalore.
In addition to this, the bank provides various services like consumer banking, insurance, investment banking, private banking, and wealth management service. The bank has over 2440 branches and over 3040 ATMs. In addition to this, the bank also has over 4700 branchless banking units.
Corporation Bank Working Hours and Working Time:
Every second and fourth Saturday of every month will be public holiday for corporation bank and other Saturdays of every month will be Full working days.
|Working Day||Working Time|
|Corporation Bank Timings For Week days [Monday to Friday]||10.00 AM to 4:00 PM|
|Corporation Bank Timings on 1st, 3rd and 5th Saturday of Month||10.00 AM to 4:00 PM|
|Corporation Bank Timings on 2nd and 4th Saturday of Month||Closed|
|Corporation Bank Timings For all Sundays||Closed|
|Corporation Bank Lunch Time||1:00 PM to 1:30 PM|
The bank also provides RTGS and NEFT services and here are the details of timings are given below:
Corporation Bank RTGS Timings and Charges
The timings for RTGS is 8:00 AM to 4:30 PM on all the working days. Any transaction done after the working hours would be processed on the next working day. In addition to this, the bank has a minimum limit of Rs 2 Lakh for RTGS transactions.
Talking about the charges, the bank charges Rs 29 for the transactions below Rs 5 Lakh and Rs 57 for anything that is above Rs 5 Lakh. These charges are applicable only for transactions which are done before 3:30 PM. If you are making any transaction after 3:30 PM then there would be an additional charge of Rs 6 in all the cases.
|NEFT||8:00 AM to 7:00 PM|
|RTGS||8:00 AM to 4:30 PM|
Corporation Bank NEFT Timings and charges
Talking about NEFT, the timings for the NEFT transaction is 8:00 AM to 7:00 PM on all the working days. Just like RTGS, any transaction done after the working hours would be processed on the next working day. In terms of charges, the bank charge Rs 2.5 for all the transactions below Rs 10,000. Similarly, the bank charges Rs 5 for all the transactions between Rs 10,000 and 1 Lakh. Lastly, there is a fixed charge of Rs 25 for any transaction that is over Rs 2 Lakh.
It should be noted that all the charges mentioned above are exclusive of GST and the GST will also be added to the charges taken by the bank.