Corporation Bank has signed a memorandum of understanding (MoU) with UTI Infrastructure Technology & Services for issuing of PAN cards. The bank will issue PAN cards through its select 55 branches.
Further, the bank is focused on offering value-added and innovative products and services to its clients and the tie-up with UTIITSL would enable it to provide the facility to obtain PAN cards with ease.
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. As on March 31, 2013, the bank has 1707 branches and 1425 ATMs.