Corporation Bank, public sector lender, has opened a new branch with e-Lobby at Bejai New Road in Mangalore. The ‘e-Lobby’ has self-service automation kiosks that include cash deposit kiosk, cheque deposit kiosk, self-service passbook printer and an ATM.
Meanwhile, the Bank has recently launched new payroll account scheme which is specially designed for convenience of both employers and employees of corporates. This scheme facilitates easy disbursements of salaries and is loaded with distinctive features and numerous other benefits.
Corporation Bank is a Mangalore-based mid-sized public sector bank which was established in 1906. Government of India is the majority shareholder holding 59.82% stake in the bank. Overall, the Bank has a wide network of over 9,000 centres across India, including 2,061 branches, 2,599 ATMs and 4,349 branchless banking units.