CSB Bank with its headquarters at Thrissur, Kerala was founded in 1920. CSB bank full form is Catholic Syrian Bank. It is one of the oldest banks established in Kerala. At present, the bank has a network of 609 branches spread over a wide geographical area. The bank provides various products and services catering to the individual needs of its customers. Detailed information about the various products and services is given below.
Different Products and Services provided by CSB Bank
The products and services provided by the CSB Bank are as follows:
- CSB Bank Deposits
- CSB Bank Loans
- CSB Bank Investment Options
- CSB Bank Cards
- CSB Bank Insurance
- CSB Bank Banking Services
CSB Bank Deposit Accounts
The following categories of deposit accounts are provided by CSB Bank:
Savings Account
Several types of Savings Accounts with varied benefits are provided by the bank. The list of the accounts along with the features is given below
Type of Account | Specific Features | Common Features |
CSB Platinum Savings Account | Small lockers are provided free of cost50% discount on the rentals of other lockerATM withdrawals up to Rs. 75000 per dayAverage Monthly Balance: Rs. 1.00 lakh | Unlimited access to CSB ATMs in the countryFree online RTGS/NEFT transactionsRuPay Debit Card issuedSpecial offers on shopping with RuPay Debit CardNet Banking and Mobile Banking facility provided |
CSB Gold Savings Account | 30% discount on locker rentATM withdrawal limit: Rs. 75000 per dayMinimum AMB: Rs. 25000 | |
CSB Silver Plus Savings Account | ATM withdrawal limit: Rs. 40000 per day20% discount on locker rentMinimum AMB: Rs. 10000 | |
CSB Blue Savings Account | ATM withdrawal limit: Rs. 40000 per dayMinimum AMB: Rs. 2500 in rural and semi-urban areas and Rs 5000 in urban/metro areas | |
Corporate Salary Account | Discount on annual locker rentZero balance account | NA |
CSB Social Support Account (BSBDA) | Facilitates financial inclusionOnly one BSBDA for one individualRegular Savings Account will be closed within 30 days of opening the BSBDA accountZero Balance accountWill be converted to a regular savings account if requested by customer | NA |
CSB Student Support Account | For students 12 years and aboveNo minimum balance requiredFree debit cards issued | NA |
CSB Spark Salary Savings Account | Exclusively for Government EmployeesNo minimum balance requiredPayable at par cheque book facilityDiscount on locker rentAny branch banking facility | NA |
NRO Savings Account | Exclusively for NRIsTo park income from investments in India Rupees.Foreign Inward remittance permitted. Transfer of funds from other NRO accounts permittedInterest earned is taxableNomination facility available | NA |
NRE Savings Account | For NRIs onlyOnly foreign Inward remittance and income from investments made in foreign currency are permitted.Deposit maintained in Indian Rupees.Full repatriation permitted | |
RFC Account | For NRIs returning and residing in IndiaCan be maintained in any accepted currencyFunds earned while abroad can be parked in the accountCan be invested in NRE/NRO account on reverting to NRI status |
Current Accounts
Current accounts are for business transactions. The different types of CSB Current Accounts are:
Type of Account | Features |
CSB Platinum Current Account | 1. For Corporates and businessmen 2. AMB Rs. 1.00 lac 3. Free cash deposit limit: Rs. 30.00 lacs 4. Free cheque deposit limit: unlimited 5. ATM withdrawal limit: Rs. 75000 6. 100 cheque leaves free in a month 7. Free online NEFT/RTGS transfers 8. 100 NEFT/RTGS transactions per month free at branches 9. Can choose higher debit card variants 10. Mobile Banking and Net Banking services |
CSB Gold Current Account | 1. For Corporates, traders and businessmen 2. AMB: Rs.50000 3. Free cash deposit limit: Rs. 15.00 lacs 4. Free cheque deposit limit: unlimited 5. ATM withdrawal limit: Rs. 75000 6. 50 cheque leaves free in a month 7. Free online NEFT/RTGS transfers 8. 50 NEFT/RTGS transactions per month free at branches 9.Can choose higher debit card variants 10. Mobile Banking and Net Banking services |
CSB Silver Current Account | 1. For traders 2. AMB: Rs. 25000 3. Free cash deposit limit: Rs. 7.50 lacs 4. Free cheque deposit limit: unlimited 5. ATM withdrawal limit: Rs. 40000 6. 20 cheque leaves free in a month 7. Free online NEFT/RTGS transfers 8. 25 NEFT/RTGS transactions per month free at branches 9. Can choose higher debit card variants 10. Mobile Banking and Net Banking services |
CSB Blue Current Account | 1. For traders and businessmen 2. AMB: Rs. 10000 3. Free cash deposit limit: Rs. 2.00 lacs 4. Free cheque deposit limit: unlimited 5. ATM withdrawal limit: Rs. 40000 6. 20 cheque leaves free in a month 7. Free online NEFT/RTGS transfers 8. Mobile Banking and Net Banking services |
Term Deposits
This is an investment option for future needs. The different term deposit plans available are:
Type of Deposit | Primary Features |
General Deposit Scheme | 1. Minimum investment: Rs. 1000 2. Period: 7 days to 10 years 3. Option for monthly as well as quarterly interest payout available |
Cumulative Deposit | 1. Investments in monthly instalments 2. Minimum investment: Rs. 100 3. Period: 6 months to 10 years |
Acharya Deposit | 1. For Senior citizens 2. Period: Minimum 6 months 3. Joint account permitted |
Family Welfare | 1. Deposit with reinvestment option 2. Interest will be compounded 3. The minimum investment: Rs. 1000/- Minimum period:Â 6 months. Â |
CSB Tax Savings Support | 1. For tax benefits under Section 80C 2. Period: 5 years 3. Maximum investment: Rs.1.50 lacs |
FCNR Account | 1. For NRIs 2. Deposit maintained in accepted foreign currencies 3. Joint account with other NRIs only 4. Remittance from abroad or proceeds from investments of repatriable nature 5. Both principal and interest repatriable |
CSB Bank Cards
The bank provides RuPay Debit cards for savings banks and current account holders.
In partnership with One Card, a co-branded credit card, the bank issues the card to its customers. Every aspect of the card can be managed on the mobile app of the bank.
CSB Bank Loans
The different types of loans provided by the bank are:
Type of Loan | Primary Features |
Gold Loan | 1. Against the pledge of gold 2. Amount: 75% of 30-day IBJA rates or 75% of the value of gold whichever is lower 3. For agricultural purposes, as per scale of finance 4. Types of gold loan-General Gold Loan, Akshaya Gold Loan, Agricultural Loan, Overdraft Gold Loan |
Home Loan | 1. For the purchase of a flat or house, the construction of a house, the purchase of land, and repairs and renovation to the existing property 2. Amount: 75% of the project cost 3. Tenure: Maximum 20 years for residents and 15 years for NRIs |
Vehicle Loan | 1. For the purchase of non-commercial vehicles 2. Amount: 80% of on-road price 3. Tenure: 5 years 4. Security: Hypothecation of vehicle |
Education loan | 1. To pursue higher studies inland and abroad 2. Amount: Rs. 10.00 lacs for inland studies and Rs. 30 lacs for studies abroad 3. Rs. 20 lacs for studies in top-rated institutions  |
Loan against property | 1. For residential and commercial property owners 2. For personal and business requirements 3. Amount: 70% of the market value of the property 4. Maximum: Rs.5.00 crores 5. Tenure: 15 years |
CSB Vyapar | 1. Loan against property for individuals engaged in small businesses 2. Amount: Minimum Rs. 25.00 lacs |
Two-Wheeler Loan | 1. To purchase bikes and superbikes 2. Amount: Maximum Rs. 2.00 lacs for bikes and Rs. 6.00 lacs for superbikes 3. Repayment: 48 months |
Personal loan | 1. For salaried individuals for any personal use 2. Amount: Rs. 75000 to Rs. 40.00 lacs 3. Tenure: 12 months to 60 months |
CSB Bank Investment Options
The investment options available at CSB Bank are:
- e-Trade (Demat and Trading): Provides a 3-in-one trading account in partnership with IIFL. CSB Savings account, Demat account and the trading account will be interlinked.
- Sovereign Gold Bonds: You can invest in gold through Sovereign Gold Bonds launched by the Government of India. The maturity proceeds will be paid in equivalent rupee value of the prevailing gold rate at the time of maturity.
CSB Banking Services
The following banking services will be provided by the bank:
- Internet and Mobile Banking: For online financial and non-financial transactions like funds transfer to accounts within the bank and other banks, downloading account statements, balance enquiry, utility bills payment, etc.
- WhatsApp Banking: You can register for WhatsApp Banking and avail of services like balance enquiry, mini statement, account statement, ATM card limits, Loan interest rates, ATM/branch locator, etc. by sending an SMS to WhatsApp number 97029 88880
- Balance Enquiry: A missed call to 8828800900 from your registered mobile number linked to a savings account and the balance will be sent via SMS
- ATM Value Added Services: You can register for CSB Net Banking and CSB Mobile Banking request stop payment, do intra funds transfers, and avail of IMPS service through ATMs.
CSB Bank Customer Care
The bank has provided various channels to contact the CSB Customer Care helpline.
- For ATM-related queries and lost cards call the CSB Customer Care number 0484 – 6451631 or 2368032 from your registered mobile number.
- Call the CSB bank contact number 1800 266 9090 (toll-free), 0422-2228422, or 0422-6612300 for phone banking within India
- For phone banking outside India call the CSB bank contact number +91-422-6612300.
- You can also write to CSB customer care at customercare@csb.co.in
CSB Bank FAQ’s :-
CSB full form is Catholic Syrian Bank.
Yes. Salary accounts, Student Accounts, and Basic Savings Accounts are all zero-balance accounts.
The toll-free CSB Customer Care number is 1800 266 9090.
Give a missed call to 8828800900 from your registered mobile number and get your account balance via SMS.
Give a missed call to 97029 88880 for registration to CSB Whatsapp banking.