Corporation Bank, a Mangalore-headquartered bank, has launched a new savings bank account ‘Corp Saral Savings Account’ which is a variant of savings bank account where customers can avail bouquet of features and add-ons just by maintaining a minimum quarterly average balance (QAB) of Rs 1,000.
The features include free personal accident cover of Rs 1 lakh for the primary account holder, and free demand draft and purchase order through Internet banking. Other facilities include - free NEFT and 40 personalized cheque leaves per year and other facilities offered for normal SB accounts.