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IT Infrastructure

 

Coastal Bank is running on CBS and CBS application was taken from C-Edge (a joint venture of TCS & SBI). The Bank uses Core Banking Solutions software to manage the operations of the Bank. The Bank has also networked all its 45 branches with the Corporate Office at Vijayawada. The Bank intends to provide Net Banking to all its customers in the next few months.

IT Enabled Products :

  • National Electronic Funds Transfer

  • SMS alerts on transactions of Rs.100/- and above in all SB / CA / OD.

  • Coastal Samvrudhi Deposit Scheme (CSDS).

  • Coastal Small Credit - a door step credit facility.

  • Aadhar based Direct Benefit Transfer (Gas subsidy, Pension etc.,).

  • Micro ATM, Business correspondent (Cash deposits / withdrawal at door step).

  • 11 - ATMs installed, ATM POS, ATM-Ecom certified.

  • Mobile Banking with inter bank (through NEFT) & intra Bank transfers.

  • IMPS through Mobile Banking and Branch channels (under implementation)

  • mPOS Mobile POS for merchant customers.

 

 

 
COASTAL LOCAL AREA BANK LIMITED, Member of DICGC
Registered Office: D.No. 59-14-2A, 3rd Floor, Santhi Plaza, Ring Road, Gayatrinagar, Near Benz Circle, Vijayawada - 520 008.
 
© 2007 Coastal Local Area Bank Limited. All rights reserved