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Coastal Local Area Bank Ltd
Coastal Bank was established under the Companies Act and is directly regulated by RBI. It is the first local area bank to get approval from the RBI.
Bank carries out operations in most prosperous regions of India: the three districts of Krishna, Guntur and West Godavari in Andhra Pradesh. Bank have saving account facility, current account, term deposits, have various loan schemes such as crop loan, vehicle loan for farmers, gold loan, personal loans, etc. Bank has Coastal Samvrudhi Deposit Scheme (CSDS).
Bank has 15 branches in three districts and a corporate office in Vijayawada. Bank’s all branches are fully computerized and all its branches are connected with each other under Core Banking Solutions. Bank offer free SMS service on transactions of Rs.2000/- and above on operative account.
Institution Info
Head Office Coastal Local Area Bank Ltd
D.No. 59-14-2A,
3rd Floor, Santhi Plaza, Ring Road,
Gayatrinagar, N
Vijayawada - 520 008
Andhra Pradesh
India
Website http://www.coastalareabank.com/index.html
No. of branches 15
Customer Care Numbers Gayatri Nagar: 91-866-2494425,2494426
Products / Services
Coastal Local Area Bank Ltd Fixed Deposits
Coastal Local Area Bank Ltd Saving Accounts

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