Saving Bank Account (SB)

  • Savings Bank Account with Coastal Bank is a pleasant experience with friendly Front Line staff extending personalized services.
  • SB account can be opened by any individual provided he/she has valid KYC documents.
  • Available at all Branches.
  • Insurance coverage of Rs.2,00,000 under Pradhana Mantri Jeevan Jyothi Bhima Yojana and Pradhana Mantri Suraksha Bhime Yojana (as per scheme guidelines).
  • Low minimum balance stipulations.
  • SMS alerts, Mobile Banking, ATM cards.
  • Funds transfer facility.
  • Available with cheque book or without cheque book facility
  • Daily balances earn interest.
  • Nomination facility is available
  • A Pass Book is issued to record the transactions. Duplicate pass book can be issued if original is lost, on payment of charges. Statement of accounts can also be sent through e-mail.