Add office photos
Employer?
Claim Account for FREE
Coastal Local Area Bank
3.9
based on 36 Reviews
Company Overview
Company Locations
Working at Coastal Local Area Bank
Company Summary
A regulated local banking institution in India, focused on deposit insurance and compliance with financial guidelines.
Overall Rating
3.9/5
based on 36 reviews
On-Par
with industry average
Highly rated for
Work-life balance
Critically rated for
Salary, Promotions
Work Policy
Monday to Saturday
56% employees reported
Strict timing
59% employees reported
Within city
68% employees reported
Day shift
100% employees reported
View detailed work policy
Top Employees Benefits
Job/Soft skill training
4 employees reported
Health insurance
2 employees reported
View detailed benefits
About Coastal Local Area Bank
Founded in1999 (26 yrs old)
India Employee Count51-200
Global Employee Count--
India HeadquartersVijayawada, India
Office Locations
--
Websitecoastalareabank.com
Primary Industry
Other Industries
--
Are you managing Coastal Local Area Bank's employer brand? To edit company information,
claim this page for free
Coastal Bank is the first Local Area Bank licensed by Reserve Bank of India in 1999 and commenced its operations from 27th December 1999. The Bank is proud of celebrating its existence for two decades.
Coastal Bank is directly regulated by Reserve Bank of India. The Bank is subjected to regulatory supervision and control. The Bank complies with all supervisory advices/guidance.
The Bank is subjected to regulatory prescriptions such as Cash Reserve Ratio (CRR), Statutory Liquidity Ratio (SLR), External Benchmarking of loans etc.
Deposits of the customers are insured under Deposit and Insurance Scheme of DICGC, a wholly owned subsidiary of Reserve Bank of India.
Managing your company's employer brand?
Claim this Company Page for FREE
Coastal Local Area Bank Ratings
based on 36 reviews
Overall Rating
3.9/5
How AmbitionBox ratings work?
5
19
4
12
3
2
2
0
1
3
Category Ratings
3.9
Work-life balance
3.7
Skill development
3.5
Company culture
3.5
Job security
3.4
Work satisfaction
3.0
Promotions
2.9
Salary
Coastal Local Area Bank is rated 3.9 out of 5 stars on AmbitionBox, based on 36 company reviews.This rating reflects an average employee experience, indicating moderate satisfaction with the company’s work culture, benefits, and career growth opportunities. AmbitionBox gathers authentic employee reviews and ratings, making it a trusted platform for job seekers and employees in India.
Read more
Coastal Local Area Bank Reviews
Top mentions in Coastal Local Area Bank Reviews
Compare Coastal Local Area Bank with Similar Companies
Change Company | Change Company | Change Company | ||
|---|---|---|---|---|
Overall Rating | 3.9/5 based on 36 reviews | 3.7/5 based on 7.4k reviews | 4.5/5 based on 6k reviews | 4.1/5 based on 5.2k reviews |
Highly Rated for | Work-life balance | Job security | Job security Company culture Skill development | Company culture Skill development Work-life balance |
Critically Rated for | Salary Promotions | Promotions Work satisfaction | No critically rated category | No critically rated category |
Primary Work Policy | - | Work from office 90% employees reported | Work from office 89% employees reported | Work from office 88% employees reported |
Rating by Women Employees | 4.3 Good rated by 3 women | 3.4 Average rated by 897 women | 4.5 Good rated by 820 women | 4.0 Good rated by 679 women |
Rating by Men Employees | 3.8 Good rated by 32 men | 3.8 Good rated by 6.1k men | 4.5 Good rated by 4.9k men | 4.1 Good rated by 4.2k men |
Job security | 3.5 Good | 3.8 Good | 4.4 Good | 3.9 Good |
View more
Coastal Local Area Bank Salaries
Coastal Local Area Bank salaries have received with an average score of 2.9 out of 5 by 36 employees.
Customer Service Officer
(15 salaries)
Unlock
₹1.8 L/yr - ₹2.5 L/yr
Branch Manager
(11 salaries)
Unlock
₹3 L/yr - ₹8 L/yr
Officer
(10 salaries)
Unlock
₹1.8 L/yr - ₹3.4 L/yr
Customer Relationship Officer
(7 salaries)
Unlock
₹2.4 L/yr - ₹3.3 L/yr
Branch Head
(6 salaries)
Unlock
₹3.6 L/yr - ₹5.5 L/yr
Customer Relation Officer
(5 salaries)
Unlock
₹2.3 L/yr - ₹3 L/yr
Officer Grade 1
(4 salaries)
Unlock
₹1.6 L/yr - ₹3.4 L/yr
Banking Officer
(4 salaries)
Unlock
₹1.4 L/yr - ₹2.5 L/yr
Credit Officer
(3 salaries)
Unlock
₹2.4 L/yr - ₹2.5 L/yr
Cash Officer
(3 salaries)
Unlock
₹2.1 L/yr - ₹2.2 L/yr
Coastal Local Area Bank Perks & Benefits
Coastal Local Area Bank Offices
Compare Coastal Local Area Bank with
AU Small Finance Bank
4.3
RBL Bank
3.6
IDFC FIRST Bank
4.0
Federal Bank
3.8
South Indian Bank
3.5
Karur Vysya Bank
3.6
City Union Bank
3.3
Karvy Financial Services
3.7
Reliance Money
3.7
Sonata Finance
3.8
Link Group
3.8
Bss Microfinance
3.7
Kifs Housing Finance
4.1
IDBI Capital
3.7
Incrementors Web Solutions
4.2
Mansukh Securities & Finance
3.1
Dmi Housing Finance
4.0
Fortune Integrated Assets Finance
4.2
Armstrong International
4.0
Ebullient Securities
3.3
Edit your company information by claiming this page
Contribute & help others!
You can choose to be anonymous
Companies Similar to Coastal Local Area Bank
Bandhan Bank
Financial Services, Banking
3.7
• 7.4k reviews
Equitas Small Finance Bank
Financial Services, Banking
4.5
• 6k reviews
Ujjivan Small Finance Bank
Financial Services, Banking
4.1
• 5.2k reviews
AU Small Finance Bank
Financial Services, Banking
4.3
• 11.4k reviews
RBL Bank
Banking
3.7
• 2.9k reviews
IDFC FIRST Bank
Financial Services, Banking
4.0
• 10k reviews
Federal Bank
Financial Services, Banking
3.8
• 795 reviews
South Indian Bank
Financial Services, Banking
3.5
• 449 reviews
Karur Vysya Bank
Financial Services, Banking
3.6
• 973 reviews
City Union Bank
Financial Services, Banking
3.3
• 825 reviews
Karvy Financial Services
Financial Services
3.7
• 306 reviews
Reliance Money
Financial Services
3.7
• 250 reviews
Coastal Local Area Bank FAQs
When was Coastal Local Area Bank founded?
Coastal Local Area Bank was founded in 1999. The company has been operating for 26 years primarily in the Financial Services sector.
Where is the Coastal Local Area Bank headquarters located?
Coastal Local Area Bank is headquartered in Vijayawada.
How many employees does Coastal Local Area Bank have in India?
Coastal Local Area Bank currently has approximately 100+ employees in India.
Does Coastal Local Area Bank have good work-life balance?
Coastal Local Area Bank has a Work-Life Balance Rating of 3.9 out of 5 based on 30+ employee reviews on AmbitionBox. 86% employees rated Coastal Local Area Bank 4 or above, while 14% employees rated it 3 or below on work-life balance. This indicates that the majority of employees feel a generally balanced work-life experience, with some opportunities for improvement based on the feedback. We encourage you to read Coastal Local Area Bank reviews for more details
Is Coastal Local Area Bank good for career growth?
Career growth at Coastal Local Area Bank is rated as moderate, with a promotions and appraisal rating of 3.0. 14% employees rated Coastal Local Area Bank 3 or below, while 86% employees rated it 4 or above on promotions/appraisal. This rating suggests that while some employees view growth opportunities favorably, there is scope for improvement based on employee feedback. We recommend reading Coastal Local Area Bank reviews for more detailed insights.
What are the pros and cons of working in Coastal Local Area Bank?
Working at Coastal Local Area Bank comes with several advantages and disadvantages. It is highly rated for work life balance. However, it is poorly rated for salary & benefits and promotions / appraisal, based on 30+ employee reviews on AmbitionBox.
Stay ahead in your career. Get AmbitionBox app
Helping over 1 Crore job seekers every month in choosing their right fit company
70 Lakh+
Reviews
5 Lakh+
Interviews
4 Crore+
Salaries
1 Cr+
Users/Month
Contribute to help millions
Get AmbitionBox app
Made with ❤️ in India. Trademarks belong to their respective owners. All rights reserved © 2024 Info Edge (India) Ltd.
Follow us
