As per your request here I am providing you information about the Student Account in Corporation Bank Initial Deposit and Quarterly Average Balance as well as facilities.

Who can open :
a) Students/Applicants who have completed 10 years of age and are pursuing regular courses.
b) Existing SB A/cs of Students/Applicants already opened with the Bank can be converted to this new a/c.

Account Specification:
Savings Bank account for Students/Applicants, with reduced Quarterly average balance requirements and with Add –on facilities

Initial Deposit and Quarterly Average Balance :
A minimum initial deposit of Rs. 100/- and a minimum Quarterly Average Balance of Rs. 100/- to be maintained.

Rate of Interest :
4 % p.a.
( As applicable to Savings Bank Account)

Add-on facilities :
No annual maintenance/Service charges for :-
Debit cards
SMS Banking
Purchase of DD’s/PO’s through the account up to a maximum of 5 instruments in a month.
Collection of cheques up to a maximum of 2 instruments in a month.

Identification Document :
Copy of the Students/Applicants ID card issued by the school / college mentioning the course period should be held as proof of identity.
All existing guidelines for opening of A/cs including KYC norms have to be followed.

Conversion to Normal Saving Bank Account :
At the end of the course period the New Gen A/c

Other facilities offered :
Internet Banking

SMS Banking

Railway ticket booking / Mobile Recharge

Internet Banking

Personalised Cheque Book facility (For students above 18 years of age)


Special facilities

In order to encourage students to open Savings Bank accounts with the Bank, it has been decided to offer the following facilities / services: -


No service charges for collection of cheques upto a maximum of 2 instruments per month

No service charges for Any Branch Banking transactions

No annual maintenance charges for Debit Cards

No service charges for purchase of DDs / POs through the account upto a maximum of 5 instruments per month