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27th March 2016, 08:55 AM
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Join Date: May 2012
Re: DD Charges In Corporation Bank

Corporation Bank came into being as Canara Banking Corporation (Udipi) Limited, on 12th March, 1906, in the temple town of Udupi, by the pioneering efforts of a group of visionaries. The Bank started functioning with just Rs.5000/- as its capital and at the end of the first day, the resources stood at 38 Rupees-13 Annas-2 Pies.


As you asking for the Demand Draft charges of the Corporation bank the Demand draft charges of the Corporation bank are as follow:

Demand Draft Charges of the Corporation bank


For a demand draft up to Rs 5000, you pay a commission or service charge of Rs 30.

For demand draft of amount Rs 5000 to RS 10,000, you pay a commission of Rs 40.

From Rs 10001 to Rs 50000, you pay a commission of Rs 2.50 paisa or Rs 40, whichever is higher.

. From Rs 50,001 to Rs 1, 00,000, you pay Rs 2.50 paisa per Rs 1000.

V. For an amount in demand draft of Rs 1, 00,000, you pay Rs 2 per thousand (Rs 10,000 can be the maximum amount).


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