Answer by Sandra

A correspondence address is the temporary address for sending and receiving mails whereas the permanent address is the parental home address.

Correspondence Address 

Permanent Address  

Temporary 

Fixed and legal

Place where you currently live 

Address intended to exist for a long time 

Address for sending or receiving mails 

Address registered in important documents

Can be provided for tax purposes, Utility services, Online shopping sites etc.,

Can be provided for Government documents like driving license, passport, ration card etc.

Fun Fact: The correspondence and permanent addresses can also be the same.