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Coastal Local Area Bank

3.9
based on 35 Reviews

Working at Coastal Local Area Bank

Company Summary

Overall Rating

3.9/5
based on 35 reviews
highly rated categories
66% above
industry average
highly rated categories
Highly rated for

Work-Life Balance, Skill Development

highly rated categories
Critically rated for

Salary & Benefits, Promotions/Appraisal

Work Policy
Monday to Saturday
Monday to Saturday
54% employees reported
Strict timing
Strict timing
57% employees reported
Within city
Within city
66% employees reported
Day shift
Day shift
100% employees reported
View detailed work policy
Top Employees Benefits
Job/Soft skill training
Job/Soft skill training
4 employees reported
Health insurance
Health insurance
2 employees reported
View detailed benefits

About Coastal Local Area Bank

Founded in1999 (25 yrs old)
India Employee Count51-200
Global Employee Count--
India HeadquartersVijayawada, India
Office Locations
--
Websitecoastalareabank.com
Primary Industry
Other Industries
--
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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.
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Coastal Local Area Bank Ratings

based on 35 reviews

Overall Rating

3.9/5
How AmbitionBox ratings work?
5
19
4
12
3
1
2
0
1
3

Category Ratings

4.1

Work-Life Balance

3.9

Skill Development

3.6

Job Security

3.6

Work Satisfaction

3.6

Company Culture

3.1

Promotions/Appraisal

3.0

Salary & Benefits

Coastal Local Area Bank is rated 3.9 out of 5 stars on AmbitionBox, based on 35 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

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Overall Rating
3.9/5
based on 35 reviews
3.7/5
based on 7k reviews
4.5/5
based on 5.9k reviews
4.1/5
based on 5.1k reviews
Highly Rated for
Work-Life balance
Skill development
Job Security
Job Security
Company culture
Work-Life balance
Company culture
Job Security
Skill development
Critically Rated for
Salary & Benefits
Promotion/Appraisals
Promotion/Appraisals
Work Satisfaction
No critically rated category
No critically rated category
Primary Work Policy
-
Work from office
91% 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
3.5
Good
rated by 858 women
4.5
Good
rated by 798 women
4.0
Good
rated by 649 women
Rating by Men Employees
3.8
Good
rated by 31 men
3.8
Good
rated by 5.8k men
4.5
Good
rated by 4.8k men
4.1
Good
rated by 4.1k men
Job Security
3.6
Good
3.8
Good
4.4
Good
4.0
Good
View more

Coastal Local Area Bank Salaries

3.0
rated by 35 employees for salaries

Customer Service Officer

(15 salaries)
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₹1.8 L/yr - ₹2.5 L/yr

Branch Manager

(11 salaries)
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₹3 L/yr - ₹8 L/yr

Officer

(10 salaries)
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₹1.8 L/yr - ₹3.4 L/yr

Customer Relationship Officer

(7 salaries)
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₹2.4 L/yr - ₹3.3 L/yr

Branch Head

(6 salaries)
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₹3.6 L/yr - ₹5.5 L/yr

Customer Relation Officer

(5 salaries)
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₹2.3 L/yr - ₹3 L/yr

Officer Grade 1

(4 salaries)
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₹1.6 L/yr - ₹3.4 L/yr

Banking Officer

(4 salaries)
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₹1.4 L/yr - ₹2.5 L/yr

Credit Officer

(3 salaries)
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₹2.4 L/yr - ₹2.5 L/yr

Cash Officer

(3 salaries)
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₹2.1 L/yr - ₹2.2 L/yr

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Coastal Local Area Bank FAQs

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