Mangaluru, June 18 2016: Corporation Bank CEO and Managing Director Jai Kumar Garg launched the campaign in the presence of Executive Director Sunil Mehta.
The Bank has launched a marketing campaign, SB Premier League Campaign, to promote its premium savings accounts among the high-net-worth individuals, public sector units and government departments.The inauguration was followed by a road show by the staff in prime localities of Mangaluru.
Corporation Bank recently launched two variants of payroll savings account — Corp Pay Elite and Corp Pay Delite exclusively for government employees and employees of PSUs, which offer best-in-class facilities and high-end features. Corp Pay Elite is for those receiving gross salary between Rs. 15,000 and Rs. 75,000 a month and Corp Pay Delite is for those getting salary above Rs. 75,000.
Insurance : Under Elite, customer will get term life insurance cover of Rs. 5 lakh and personal accident insurance cover of Rs. 5 lakh. Under Corp Delite the customer will get term life insurance cover of Rs. 10 lakh and personal accident insurance cover of Rs. 10 lakh. Under Corp Elite, customers will get Visa Platinum Debit card which allows cash withdrawal up to Rs. 1 lakh a day at ATMs and transaction limit up to Rs. 2 lakh a day at POS. Customers under Corp Delite will get Visa Signature Debit card which allows cash withdrawal up to Rs. 1 lakh a day at ATMs and transaction limit up to Rs. 5 lakh a day at POS.