Corporation Bank Complaints & Reviews

Dear ms/mr. _
I wish to bring to your attention that rs 1359/- has been deduced from my account. It came to my notice when i checked my account balance on the following day. It was unprecedented to see missing 1350/- rs. From my account when i have made no transactions and have not withdrawn the money.
Deduction of money details:-
The details are as follows:
Bank account no:[protected]
Branch name :- banswara (Rajasthan)/-
Branch ifsc code :- corp0001269

I was not given any notification of the withdrawal of the money either on the email or on the sms. I request you to look in the matter as early as possible and return and refund the money to me.

Regards

I have a salary account in Corporation Bank. Recently I resigned by job and
wanted to close the account.

Now bank people are asking me for a copy of resignation.

Why they need resign letter, it is not their business, am i correct.

As a account holder I should close the account then why corporation bank
need copy of resign letter.

So please don't open a account in corporation bank.

My self aplied for education loan of 20 lakhs to my son Chanakya for studying M S in U S
Submitted almost all the Documents ie pledging a BDA site which worth more than a crore The loan also got sanctioned from HEAD OFFICE
But manager is insisting to produce a allotment letter which is not available due to some reason and she is refusing loan without applying mind which put me in a very pathetic position as I was depending on this only

It is really not a good gesture towards the customers

my salary more than Rs 50000 credited every month to the same bank and I am a Govt servant my account runnining for more than 6 years

It is really not appreciable to refuse the loan in last minute

M K Harish

Dear Sir, I Have Saving Account In Corportion Bank, Overseas Branch, Mumbai. When I Have Open The Account The Relationship Manager Inform Me That They Are Opening The Account In "0" ( Zero ) Balance And Ther Is Not Required Minimum Balance In The Account. But After That There Will Be Charged Debited From My Account For Non Maintenance. And When I Have Contact The Branch They Are Told Me That Thair Officer Is Out Of Town Come After A Weak.When I Have Visited Next Time They Will Suggested Me Comes Tomorrow. After That I Have Visited Again Than They Told Me That Why You Come Late Now Nothing to Do.
And There Is Not Mistak Of Our Officer. Thats Your Mistak.And When I Have Asked That What To Do Now _? They Were Suggested To CLOSE YOUR ACCOUNT.
There Is Not A Problem Of Losing Money but They Are wrong but Not Accept.

This is to bring to your notice that the Branch Head at CORPORATION BANK, Noida sector 51 branch is giving incomplete and wrong information to the customers of which is leading to customer loss of money and time.

The attitude is percolating to the team members as well and there is an immediate need to correct the same.

I have a housing loan with the bank since 2011.

I have faced several issues during the past years and only when i keep a track of my account i am able to highlight to them and then they correct the same.

I have all mails sent by them in this regard.

My current issue is as below.


1. My interest was 11.65% which i got reduced to 9.65%. The emi was revised due to base rate revision and confirmed as 28523/- after the payment of migration charge. earlier it was 37863/-. I HAVE EMAIL FROM BRANCH FOR THIS.

2. The loan tenure was corrected by the branch from 190 months to 140 months in May, 2015 because of excess EMI charged to me since 2011. ( I was being charged 38584/- instead of 37863/- without any approval from my side). I HAVE EMAIL FROM BRANCH FOR THIS.


The problem is that now when i asked them my updated loan tenure, which should be 129 months in March 2016, they are telling me that it is 190 months.

When i asked them why ? they told me it is because my EMI is now 28523/- the tenure has increased from 140 months to 190 months.


MY ISSUE IS ::


A. My EMI has reduced due to reduction in interest rate, then how come my tenure increased without my knowledge, AND WITHOUT ANYONE INFORMING ME ???. Last year they only informed me that my EMI will be 28523/- basis new rate. They chose to hide that my tenure will increase so drastically. I HAVE A RIGHT TO BE INFORMED AND A RIGHT TO CHOOSE.

B. If due to interest reduction the EMI got reduced and then why will the tenure increase by 50 months ?? That is unbelievable !! Why would anyone then get their interest reduced if they will face such losses ??? There is something drastically wrong with all of this.


As per me the EMI is 28523/- and tenure has to be 129 months.

Please connect with branch and resolve this.

PLEASE NOTE : Before approaching the Consumer forum i have been writing several mails to the nodal office of the bank but he does no seem to care and does not reply so now i am filing the complaint here.


Previous issues faced by me on regular basis for which i had to follow up for months before getting the correction done

1. wrong and excess EMI was being charged from me since 0ct'2011. Only when i checked the entire sequence i got to know of it and filed my complaint . AS A RESULT IT ADJUSTED IN MY TERM AND RESOLVED . I received an email that due to exces EMI being charged from me my repayment period will be 140 months from 190 months as on today.

2. My EMI paid for May'14 and Nov'14 was not accounted for by you. Only when i checked the provisional certificate did i realize that and complaint to you. AS A RESULT YOU CORRECTED YOUR ACCOUNTS AND GAVE ME A NEW CERTIFICATE AND ALSO PAID THE INTEREST.

3. My interest got reduced due to base rate change for which i paid the migration charge. My interest got reduced from 11.65% to 9.65% and as a result my EMI got reduced from 37863/- to 28523/- in September. again i checked my account statement in Jan'2016 and was again shocked to see that earlier EMI was being charged and the new EMI has still not being applied. I complaint to the branch manager. AS A RESULT IT CORRECTED THE SAME AND REVERSED 28020/- TO MY SAVING ACCOUNT FOR THE ACCESS YOU CHARGED FOR 3 MONTHS.

I've submitted aadhaar to lpg distributor as well as bank. My aadhaar linked with the distributor. But it shows red for 'aadhaar with bank' i.E. Not linked. When i checked in bank, it is updated in their system on dt 25.01.2016 after three months my aadhar card not link with bank according to aadhar site & pahal status my detail as below

Name : vijay kumar
Aadhar no. :[protected]
Bank name : corporation bank
A/c no. : [protected]
Ifsc code : corp0001025

Dear Sir/Madam,

With ref to my below Corporate Bank Account details:
Account Number : CVDYU/01/090008
Bank Branch : Channapatna
IFSC Code : CORP0001082
Account Holder : Ms Amulya.A.S, d/o Shivananjegowda.A.N
Account Open Dt : 23/09/2009

I would like to bring this information to your notice. I had taken an education loan from Corporation Bank, Channapatna Branch in the year 2009 to pursue my engineering course and I was granted a total loan of
amount INR 98, 000/= approx and since I had no job till late last year I was unable to repay the loan amount.

Today, 28th March 2016 I have made a payment of INR 34, 625/= towards outstanding interest amount accumulated so far. Now I would like to convert remaining principal loan amount into EMI (monthly installments)
and approached the bank for their advice, but the bank manager is not helping us in any way instead she is forcing us to repay the whole amount which includes NPA Interest of INR 43, 590 which was never communicated
to us before and we are not aware of this NPA Interest till this date 28th March 2016. We really wonder why the manager said, this NPA amount is some commission which is 20% of the loan amount to a broker who recovers loan.

Could you please take up this issue and help me repay my loan amount in monthly installments.

If wrongly addressed, please advice me the right channel where I can submit my grievance.

Awaiting your quickest possible response.

Best Regards
Amulya

There is message come to me on 6th march 2016 that minimum quarterly balance not maintained in your account pls maintain within 30 days, else charges as per rbi guidelines.
Then after 10 days on 16th march 2016 i have deposited rs 2729/- on my account on the same day rs 115/- for charges coll. From queue has been debited from my account.
I don't know if the deadline provided by you is 30 days i have already deposited money in 10 days so why rs 115/- has been debited from my account.

Hi this is Swaroop,

I had visited Corporation bank of Jannapur, Bhadravathi branch for closure of my account 4-5 months back even submitted a written application form stating the service was not satisfactory and need my account to be closed.

Manager bluffed me stating there is some technical problem and will close the account later.But today i am receiving a message to maintain a min balance in my account or they would be charging for not maintaining min balance.

My name is Hemant Dave and have a salary account in the University Branch of Corporation Bank at Vallabh Vidyanagar. I lost my card and around mid-December (I don't remember the date and the branch is not willing to give me the date) for a new personalised card. I also paid the necessary charges. I was told that I would get the card in a couple of weeks. Weeks after weeks passed but I did not get my card. On 15 February, 2016, I wrote to the head office through their websiite. The next day I received this email from the FTS Bangalore: "PLEASE CONTACT YOUR BRANCH AFTER 7 DAYS TO GET NEW CHIP CARD." (Pl. see the image) I went to the bank after a week, my card had not arrived. I went to the bank today 1 March 2016 and yet my card is not arrived. I just cant understand what has gone wrong.

I have never seen such pathetic service in my life.

I would greatly appreciate if you could look into this and help me.

Hemant Dave

I having a/c with 499 Mumbai- Santacruz (East) corporation bank (kalina market ) Santacruz (East) branch, misplaced my authorizes password for netbanking.. My A/c no: 7825. I request you to provide the authorization password and forward the same to my bank .

Pls do the needfull

I am state bank of mysure atm holder i went to withdraw 2000 rupees from corp bank Atm No:30560800 txn:[protected] please return back my money regards sharath [protected]

Dear sir my account number last five degit 21486 i am not use my atm card and[protected] after noun massage debited inr 2250 whay is possibal and what is the problame please chake and cradite my account 2250 inr

I forgot my authorized password. please help me how i reset authorized password. Account No.- [protected] Login ID: gauravbothra IFSC Code- CORP0000481

I have an account in corporation bank lucknow branch bhitoli crossing. I used my debit card at atm for payment of mobile recharge of rs. 600 it showed success but later on i got to know after 5 days that there is no credit but amnt has been debit from account. So i emailed and even contacted cst care but they didnt helped at all and even they are not replying. Here are my acnt details and a receipt of payment from atm that is illegaly deducted. Name- zaid rashid khan Ac/no- [protected] Branch- Corporation bank Bhitoli

Respected sir/madam my name is keval.bhatt i have kept an fd for 1 year and i have submitted form for tds but it has been lapsed in september as this is the amount for my living and the amount deducted is 1417 on my fd so i am writing you for reverse the amount so please i hope you will do the above mentioned purpose thanking you KEVAL.BHATT

J>Gnanadurai, 20, Ramadoss Street, Pudupalayam, Cuddalore
Account No. [protected] Post Paid Service.
Sir i had a post paid connection of 3 G. Since I was not able to get signal in my locality I terminated the connection. Yesterday I received an SMS asking me to provide my bank a/cdetails to initiate refund through NEFT. along with a scanned copy of cheque leaf. I am Provingthe same.
A/C no.[protected]
IFSC CORP0000388
Alapakkam, Cuddalore 608801
TamilNadu
Refund Amount Rs.433.15.
Thanking You
jgnanaduai

We have received a vehicle loan in CORPORATION BANK GUDAMALAI BRANCH on 22.03.2010 in the name of SRI RAMASAMY UDAYAR EDUCATIONAL TRUST; the respective A/C no is CVEHI/01/90004. The loan amount was Rs.8, 00, 000/- and the rate of interest was 11%, the EMI was Rs.17, 400/- per month for 60 months. We have paid 61 months of installment but our account was not closed and it shown excess due. In order to cancel our hypothecation, we have paid that excess amount and closed our account. The statement which we got from bank shows compound interest for our vehicle loan. The total amount we supposed to pay is Rs.10, 73, 716/- but the total amount we paid is Rs.11, 20, 756/-. We request and gave letter to branch manager on 03.09.2015 to verify our account and repay the excess amount we paid. We have calculated the account for the said rate of interest* and attached the copy for him reference also.But no response from the bank till. So i sent mail to deputy general manager on NOV6th 2015 and attach the copy of letter which was already submitted the bank. Please take necessary action to resolve the issue as soon as possible early. Bank contact number:[protected] For further details please contact [protected]

Hello, my self Manjunath from Mangalore, Karnataka. I got a call from [protected] to my number [protected] on 04 nov. 2105. the caller introduced himself as an employee of Corporation Bank Of India. He told me that my atm card is going to block and i have to renew it. Unfortunately as he was asking about the details of my debit card, i gave him all details. Then he asked me for "one time password code" or OTP CODE. Unfortunately i gave him that code also. That person asked me around 8 OTP codes and I gave him all as I thought he was an employee of Corporation bank. After all this when I checked my balance i found that i have lost 34, 584/- (RS/- Thirty five thousand five hundred and eighty four). After that i blocked my atm card.The no of my debit card was [protected]. still his no is active. THEIR TRANSACTION AS FOLLOWS; 1. Net payment, 277064 @ SBI Buddy_BD of 5000/- 2. Net payment, 940690 @ VODAFONE - BILLDESK, Mumba of 5000/- 3.Net payment, 954927 @ www.oxygenwallet.com, Mumba of 500/- 4. Net payment, 246736 @ CCAvenue.com, Mumba of 10, 000/- 5.Net payment, 775978 @ Paytm.com, Noida of 2084/- 6.Net payment, 290583 @ PAYU SBIPG of 5000/- 7.Net payment, 243587 @ Lime by Axis Bank of 5000/- 8.Net payment, 255021 @ Paytm.com, Noida of 2000/-. His contact number is ([protected]).

I have current account no [protected] name saar traders with corporation bank sector 35 chandigarh branch but manager of this branch Mr Ramesh has asked for the money for issuing a loan... Being a businessmen it's really sad to see such an attitude of banker which is really discouraging... Due to such an attitude I have to face a financial loss of approximate rs 10lakh...