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Abhyudaya Co-operative Bank

4.0
based on 97 Reviews

Working at Abhyudaya Co-operative Bank

Company Summary

Abhyudaya Co-operative Bank focuses on providing financial services to economically weaker sectors, expanding its reach across Maharashtra, Gujarat, and Karnataka.

Overall Rating

4.0/5
based on 97 reviews
highly rated categories
5% above
industry average
highly rated categories
Highly rated for

Work-life balance, Job security

highly rated categories
Critically rated for

Promotions, Salary

Work Policy
Alternate Saturday off
Alternate Saturday off
41% employees reported
Strict timing
Strict timing
64% employees reported
No travel
No travel
50% employees reported
Day shift
Day shift
100% employees reported
View detailed work policy
Top Employees Benefits
Job/Soft skill training
Job/Soft skill training
7 employees reported
Health insurance
Health insurance
5 employees reported
Professional degree assistance
Professional degree assistance
1 employee reported
View detailed benefits

About Abhyudaya Co-operative Bank

Founded in1964 (61 yrs old)
India Employee Count51-200
Global Employee Count51-200
India HeadquartersMumbai, India
Office Locations
--
Websiteabhyudayabank.co.in
Primary Industry
Other Industries
--
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A dedicated group of social workers and labour movement activists, imbued with the spirit of service to the cause of mill workers, other industrial and hitherto neglected economically weaker sections of society started Abhyudaya Co-op. Credit Society Ltd. in 1964, with a small share capital of Rs. 5,000. The area of Kalachowki, Sewri, Parel and their surroundings were predominantly populated by low income industrial labour and lower middle class people at that time. In a short period of time Abhyudaya Co-op. Credit Society got converted into an Urban Co-op. Bank. Finally in June 1965, Abhyudaya Co-op. Bank Ltd. was established with the motto of "Prosperity through Co-operation". The Bank was conferred with Scheduled Bank Status by Reserve Bank of India in September 1988. Over a span of 51 years, it became one of the leading Urban Co-op. Bank in the country with branches in Metropolitan Mumbai, Navi Mumbai, Pune, Thane, Raigad, Nagpur, Nashik, Nanded, Kankavali, Aurangabad, Ahmednagar & Pen in Maharashtra State, Vadodara and Ahmedabad in Gujarat State, Udupi and Mangalore in Karnataka State. On 11th January, 2007 the Bank was registered as a Multi­State Co-op. Bank by the Central Registrar, New Delhi. The area of operation of the bank is confined to 3 States - Maharashtra, Gujarat and Karnataka. The merger of Shree Krishna Sahakari Bank Ltd., Vadodara, Gujarat State, Janatha Co-op. Bank Ltd., Udupi, Karnataka State and Manekchowk Co-op. Bank Ltd., Ahmedabad, Gujarat State has been effected. Our Bank’s plunge to excellence in all directions will be powered by the VISION that provides overarching inspiration, The VALUES that serve to guide taught & action, The VITALITY that embarks on strategy formation & execution. The immense potential of our Bank will be realized by the distinctive amalgam of the ‘Vision, Values & Vitality. To continuously strive for synergy between technology, systems & human resources for providing products & services that meet the quality, performance & aspirations of the vast clientele & to maintain the highest standards of ethics & societal responsibilities, constantly innovate products & processes & develop teams that keep the momentum going to take the Bank to excellence. As on 31st March 2019, the bank has more than Rs. 2.12 lakh members and more than Rs. 17.64 lakh Depositors. As on 31st March 2019, total business mix of the bank has reached over Rs. 16,820 Crore. As on 31st March 2019, Bank’s Deposits have reached upto Rs. 11,022 Crore while Advances have reached upto Rs. 5,798 Crore. The Bank has maintained a ratio of CASA Deposits to Total Deposits as high as 39.55%. The strength of the Bank is reflected in the fact that it’s Paid up Capital and Reserves have amounted to Rs. 1331 Crore and Investments are to the tune of Rs. 4,518 Crore. The Capital Adequacy Ratio maintained by our bank is as high as 13.17%.
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Abhyudaya Co-operative Bank Ratings

based on 97 reviews

Overall Rating

4.0/5
How AmbitionBox ratings work?
5
44
4
33
3
13
2
2
1
5

Category Ratings

4.1

Work-life balance

3.8

Job security

3.6

Company culture

3.6

Skill development

3.5

Work satisfaction

3.2

Salary

3.0

Promotions

Abhyudaya Co-operative Bank is rated 4.0 out of 5 stars on AmbitionBox, based on 97 company reviews. This rating reflects a generally positive employee experience, indicating 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

Abhyudaya Co-operative Bank Reviews

Top mentions in Abhyudaya Co-operative Bank Reviews

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Overall Rating
4.0/5
based on 97 reviews
4.4/5
based on 107 reviews
3.4/5
based on 366 reviews
3.9/5
based on 249 reviews
Highly Rated for
Work-life balance
Job security
Job security
Work-life balance
Skill development
Job security
Job security
Work-life balance
Company culture
Critically Rated for
Promotions
Salary
No critically rated category
Salary
Promotions
Work satisfaction
Promotions
Primary Work Policy
-
-
Work from office
98% employees reported
Work from office
95% employees reported
Rating by Women Employees
4.0
Good
rated by 40 women
4.4
Good
rated by 54 women
3.2
Average
rated by 150 women
3.7
Good
rated by 66 women
Rating by Men Employees
3.9
Good
rated by 51 men
4.6
Excellent
rated by 48 men
3.4
Average
rated by 199 men
4.0
Good
rated by 167 men
Job security
3.8
Good
4.5
Good
3.8
Good
4.2
Good
View more

Abhyudaya Co-operative Bank Salaries

Abhyudaya Co-operative Bank salaries have received with an average score of 3.2 out of 5 by 97 employees.

Clerk

(83 salaries)
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₹2 L/yr - ₹6 L/yr

Officer

(60 salaries)
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₹4.3 L/yr - ₹8 L/yr

Bank Clerk

(19 salaries)
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₹2.4 L/yr - ₹6.5 L/yr

Banking Officer

(14 salaries)
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₹5 L/yr - ₹9 L/yr

Clerk Staff

(13 salaries)
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₹3 L/yr - ₹6 L/yr

Clerical Staff

(7 salaries)
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₹3.3 L/yr - ₹5.5 L/yr

Student Clerk

(7 salaries)
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₹1 L/yr - ₹2.2 L/yr

Credit Manager

(7 salaries)
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₹7.2 L/yr - ₹11.5 L/yr

Assistant Branch Manager

(7 salaries)
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₹5 L/yr - ₹10 L/yr

Branch Manager

(6 salaries)
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₹10.8 L/yr - ₹15 L/yr

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Abhyudaya Co-operative Bank FAQs

When was Abhyudaya Co-operative Bank founded?
Abhyudaya Co-operative Bank was founded in 1964. The company has been operating for 61 years primarily in the Banking sector.
Where is the Abhyudaya Co-operative Bank headquarters located?
Abhyudaya Co-operative Bank is headquartered in Mumbai.
How many employees does Abhyudaya Co-operative Bank have in India?
Abhyudaya Co-operative Bank currently has approximately 100+ employees in India.
Does Abhyudaya Co-operative Bank have good work-life balance?
Abhyudaya Co-operative Bank has a work-life balance rating of 4.1 out of 5 based on 90+ employee reviews on AmbitionBox. 79% employees rated Abhyudaya Co-operative Bank 4 or above on work-life balance. This rating reflects the company's efforts to help employees maintain a healthy balance between their personal and professional lives. We encourage you to read Abhyudaya Co-operative Bank work-life balance reviews for more details
Is Abhyudaya Co-operative Bank good for career growth?
Career growth at Abhyudaya Co-operative Bank is rated as moderate, with a promotions and appraisal rating of 3.0. 21% employees rated Abhyudaya Co-operative Bank 3 or below, while 79% 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 Abhyudaya Co-operative Bank promotions/appraisals reviews for more detailed insights.
What are the pros and cons of working in Abhyudaya Co-operative Bank?
Working at Abhyudaya Co-operative Bank comes with several advantages and disadvantages. It is highly rated for work life balance and job security. However, it is poorly rated for promotions / appraisal and salary & benefits, based on 90+ employee reviews on AmbitionBox.
Abhyudaya Co-operative Bank Overview
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