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
50 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).
23 -
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)
