Corporation Bank Tamil Nadu IFSC code, MICR code, Address
Corporation Bank branch details in Tamil Nadu
Last Updated 28th Mar 2017
Corporation Bank has 218 branches in Tamil Nadu spread over 31 districts of Ariyalur, Chennai, Coimbotore, Cuddalore, Dharmapuri, Dindigul, Erode, Kanchipuram, Kanniyakumari, Karur, Krishnagiri, Madurai, Nagapattinam, Namakkal, Nilgiris, Perambalur, Pondicherry, Pudukkottai, Ramanathapuram, Salem, Sivaganga, Thanjavur, Theni, Thoothkudi, Tiruchiorappalli, Tirunelveli, Tiruppur, Tiruvallur, Tiruvannamalai, Tiruvarur, Vellore, Villupuram, Virudhunagar.
Chennai district, with 41 branches has the largest number of Corporation Bank branches in Tamil Nadu followed by Coimbotore district with 29 branches and Erode district with 13.
District wise distribution of Corporation Bank branches in Tamil Nadu is as below. To find branch address, phone, IFSC code, MICR code of the branch that you are looking for, click on the district where the branch is located.
Corporation Bank has received Best MSME Bank award 2016. The award was instituted by the Associated Chambers of Commerce and Industry of India (ASSOCHAM) at SMEs Excellence Award 2016 held at New Delhi on 6th December, 2016. Banks in this category were evaluated on the basis of growth, technology, innovation, CSR activity, targets and quality in MSME sector.
As per Q1 FY17 results, Corporation Bank has registered a drop of 82.41 per cent in net profit to Rs. 35.92 crore in the June quarter of FY17 from Rs. 204.26 crore in the corresponding period of previous fiscal. The gross and net NPAs as a percentage stood at 11.52 per cent and at 7.22 per cent, respectively, during the June quarter of FY17. The net interest income of Corporation Bank stood at Rs. 1031.16 crore in the June quarter of FY17 from Rs. 1080.72 crore in the same period of previous fiscal.
Corporation Bank has launched two new term deposit schemes, namely super gain plus and power plus which offer higher rate of interest to depositors
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