Corporation
bank was established in 1906 in Mangalore, India by
a group of visionaries with an idea to encourage banking habits among
the population. The bank aims at offering
several affordable banking services to its customers. In 1980, the bank was
nationalized and emerged as evolving public institution in the financial
sector. In 1997, Corporation bank was the second public sector bank in India
with a huge market capitalization. Since its journey of more than 110
years, the bank shares a rich history of settling various financial solutions
to every individual in need. It has a huge network with over 10200 branches and
more than 3000 ATMs across the country, in order to provide convenient and easy
banking services.
Corporation bank credit card:
In the present
scenario, credit cards play a vital role in meeting everyday lifestyle
expenses. Understanding the need of an hour, Corporation bank offers a range of
credit cards designed to meet different lifestyle and preferences. In addition,
the cardholder can share the features and privileges of the card to their
family members as well, in order to earn extra reward points, credit shield,
lower interest rates, insurance cover, etc.
Types of
corporation credit cards:
- LIC Corporation Bank Platinum Credit Card
- LIC Corporation Bank Platinum EMV Credit Card
- LIC Corporation Bank Gold Credit Card
- Corporation Bank International Credit Card
Visit
https://www.applykaroo.com/credit-card/corporation-bank-credit-card
to get your credit card today according to your lifestyle and preferences.
Features of credit cards:
- No annual or renewal fee – The bank doesn’t charges any joining, annual, and renewal fee on its range of credit cards.
- Additional security – The LIC corporation bank credit cards feature cardholder’s photo and imprint signature that provides additional security against fraudulent activities.
- Supplementary cards – Cardholders can avail maximum up to 3 add-on cards and share the privileges with their parents, spouse, siblings, or children of above 18 years.
- Cash withdrawal – Cardholders can withdraw up to 30% of their available credit card limit.
- FLEXIPAY – Expenses or transactions above Rs.2500 can be transformed in easy monthly EMIs of 6, 12, or 24 months at interest rate of 12% annually.
- Interest free credit period – The bank provides interest free credit period to its customers ranging from 15 to 45 days.
Eligibility
criteria:
- An applicant should be a citizen of India
- The minimum age of an applicant must be 18 years and not more than 70 years
- An applicant should have a PAN card issued by the department of Income Tax.
- An applicant must any type of account with the Corporation bank
- He or she must have a legal and stable monthly income
- A good credit score is a must.
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