How to Add Beneficiary in Corporation Bank Online?

Hello Everyone. So, today we will discuss about beneficiary add in Corporation bank online. You can start fund transfer to third party only after adding beneficiary. It is very easy to add a beneficiary, you just need to enter few details such as account number, IFSC code etc. We will discuss with the help of images for better understanding. Therefore, go through the complete post to know in details: How to Add Beneficiary in Corporation Bank Online?

How to Register Mobile Number with Corporation Bank Account?

Perquisites for Beneficiary Add

Net Banking Facility

Registered Mobile Number

How to Add Beneficiary in Corporation Bank Online?

So, follow below steps:

  • First of all login to your net banking account.
  • So, your net banking dashboard will open.
  • Go to Payments/Fund Transfer tab and click on Manage Beneficiary.
How to Add Beneficiary in Corporation Bank Online?
  • Now, click on Add Beneficiary.
Corporation Bank Beneficiary Add
  • Next, you need to fill beneficiary details, account details, bank details. Enter beneficiary name, nickname (of your choice), set maximum limit. After that enter account number twice and bank details. After filling all the details, click on Continue.
How to Add Beneficiary in Corporation Bank?
  • So, next write anything in Remarks. Enter the OTP received on your registere mobile number. Also enter Transaction Password and click on Continue.
Beneficiary Register Corporation Bank
  • Finally done. Therefore, you will also receive reference ID after successful adding beneficiary.
Reference ID

How to Activate SMS Banking in Corporation Bank Online?

Fund Transfer in Corporation Bank

How to Transfer Fund to Other Bank Accounts from Corporation Bank Online? | NEFT/RTGS

So, follow below steps:

  • First of all login to your account.
  • Next, go to Payments/Fund Transfers and click on Other Bank Accounts (NEFT/RTGS).
How to Transfer Fund to Other Bank Accounts from Corporation Bank Online?
  • So, a small form will open. Select Frequency Type, Transaction Date, Debit Account, Amount, Payment Mode etc. After filling all the details, click on Continue. Else click on Add New Entry if you want to initiate multiple payments at a time. Note: Asterisk (*) marked are compulsory to fill.
Fund Transfer
  • Next, tap on Add Entry. Or click on Continue.
  • Now, you can see the details. Please check the details. Note: For deleting or editing, click on Actions.
  • Therefore, enter Transaction Password, One Time Password (OTP) received on your mobile and click on Submit. Note: You can click on Generate OTP if you do not receive the OTP within 2 minutes.
Fund Transfer to Third Party Account
  • Finally you can see payment summary. You can also save this page for your reference.
Payment Summary

How to Register for Internet Banking in Corporation Bank?

Fund Transfer to Own Accounts

So, follow below steps:

  • First of all login to your account.
  • Next, go to Payments/Fund Transfers and click on Own Accounts.
Fund Transfer to Own Accounts
  • So, a small form will open. Fill all the details and click on Continue.
  • Click on Add Entry to processed multiple payments. Clicking on Actions will help you to modify or delete entry.
  • Note: You can also Save the transaction and execute later. Navigate to Payments/Fund Transfers and then Process Saved Transactions. Finally, clicking on Actions.
Corporation Bank NEFT Process
  • Next, enter the Transaction Password and click on Submit. You may leave Remarks option blank.
Corporation Bank Beneficiary Modification
  • Finally you can see payment summary. You can also save this page for your reference.

Know Your User ID in Corporation Bank

Corporation Bank Toll Free Number: 18004253555, 18004252407

Frequently Asked Questions (FAQ)

Can I add online?

Yes

How to add beneficiary through mobile banking?

You can follow above steps to add through mobile banking also.

Can I delete beneficiary after adding?

Yes. You can delete, edit and modify beneficiary details.

Is there any charge?

No

I want to set beneficiary limit?

Yes you can set. Please follow above steps.

Can I transfer money without adding beneficiary?

No. Before initiating NEFT/RTGS, beneficiary add is must.

Is there any other method?

No

I want to check balance?

So, check here: How to Check Corporation Bank Account Balance

So, I have a query other than above?

Talk to customer care at 18004253555, 18004252407

Source: Corporation Bank

Final Conclusion:

Well, I have explain step by step process to add beneficiary. I took help from Corporation Bank official website. Complete process is very simple and easy. You can easily add, modify, delete etc. Only requirement is that you must have net banking or mobile banking. It is necessary before initiating third party fund transfer. Therefore, only after adding beneficiary you can go NEFT or RTGS. If you have any suggestion or idea, please share with us. Stay safe and be happy.

So, this is all about How to Register/Activate Corporation Bank Net Banking Online?

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