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Lloyds Bank
4.4
based on 15 Reviews
Company Overview
Company Locations
Working at Lloyds Bank
Company Summary
Lloyds Technology Centre leverages technology and data to enhance financial services, serving millions of digital banking customers in the UK.
Overall Rating
4.4/5
based on 15 reviews
16% above
industry average
Highly rated for
Company culture, Work-life balance, Skill development
Work Policy
Monday to Friday
56% employees reported
Strict timing
56% employees reported
No travel
57% employees reported
Day shift
100% employees reported
View detailed work policy
About Lloyds Bank
Founded in--
India Employee Count51-200
Global Employee Count1k-5k
India HeadquartersHyderabad / Secunderabad, Telangana, India
Office Locations
Websitelloydstechnologycentre.com
Primary Industry
Other Industries
--
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We're Lloyds Technology Centre*, a tech and data company located in Hyderabad, India. We're part of Lloyds Banking Group, a leading provider of financial services in the UK and the UK's largest digital bank, with more than 27 million customers and 21.5 million digitally active users.
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Lloyds Bank Ratings
based on 15 reviews
Overall Rating
4.4/5
How AmbitionBox ratings work?
5
10
4
3
3
1
2
0
1
1
Category Ratings
4.4
Company culture
4.4
Work-life balance
4.3
Skill development
4.2
Salary
4.1
Work satisfaction
4.0
Job security
3.7
Promotions
Lloyds Bank is rated 4.4 out of 5 stars on AmbitionBox, based on 15 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
Lloyds Bank Reviews
Compare Lloyds Bank with Similar Companies
Change Company | Change Company | Change Company | ||
|---|---|---|---|---|
Overall Rating | 4.4/5 based on 15 reviews | 3.6/5 based on 457 reviews | 3.8/5 based on 308 reviews | 3.2/5 based on 251 reviews |
Highly Rated for | Work-life balance Company culture Skill development | Job security Work-life balance | Work-life balance Company culture | No highly rated category |
Critically Rated for | No critically rated category | Promotions Salary Work satisfaction | No critically rated category | Job security Promotions Work satisfaction |
Primary Work Policy | - | Work from office 98% employees reported | - | Work from office 94% employees reported |
Rating by Women Employees | 3.6 Good rated by 5 women | 3.4 Average rated by 131 women | 4.0 Good rated by 79 women | 3.3 Average rated by 47 women |
Rating by Men Employees | 4.7 Excellent rated by 10 men | 3.7 Good rated by 300 men | 3.7 Good rated by 192 men | 3.2 Average rated by 170 men |
Job security | 4.0 Good | 4.2 Good | 3.7 Good | 2.7 Poor |
View more
Lloyds Bank Salaries
Lloyds Bank salaries have received with an average score of 4.2 out of 5 by 15 employees.
Software Engineer
(15 salaries)
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₹10 L/yr - ₹21 L/yr
Senior Software Engineer
(14 salaries)
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₹30 L/yr - ₹42.5 L/yr
Quality Engineer
(5 salaries)
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₹22 L/yr - ₹42 L/yr
Data Engineer
(4 salaries)
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₹9.3 L/yr - ₹25 L/yr
Senior Quality Engineer
(4 salaries)
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₹27 L/yr - ₹42.8 L/yr
Senior Data Analyst
(3 salaries)
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₹27 L/yr - ₹33 L/yr
Software Developer
(3 salaries)
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₹12 L/yr - ₹13 L/yr
Sdet Automation Test Engineer
(3 salaries)
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₹16 L/yr - ₹31 L/yr
Associate Software Engineer
(2 salaries)
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₹6 L/yr - ₹7.6 L/yr
Lead Data Engineer
(2 salaries)
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₹18 L/yr - ₹23 L/yr
Lloyds Bank Jobs
Popular Designations Lloyds Bank Hires for
HR Business Partner
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Talent Acquisition Specialist
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Popular Skills Lloyds Bank Hires for
Lloyds Bank News
Banking Outages Shake Confidence in UK Financial System: What Can Be Done?
- Recent banking outages at major UK banks like Barclays, Halifax, TSB, and Lloyds Bank have highlighted vulnerabilities in the financial system, sparking discussions on necessary reforms to restore consumer confidence, particularly during critical payday periods.
- Disruptions in banking apps of Lloyds Bank, Halifax, TSB, and Bank of Scotland led to reports of technical issues, affecting users and raising concerns about the resilience of banking IT systems.
- Regulators, like the Treasury Committee, have requested details from banks on the scale and impact of IT failures, emphasizing the need for banks to enhance resilience and modernize outdated systems.
- Industry experts urge banks to take decisive action to strengthen resilience, update legacy systems, and improve responses to disruptions to rebuild trust and ensure operational efficiency.
- Calls for proactive measures to bolster industry-wide solutions for resilience in the UK financial infrastructure and the importance of regulatory standards, like the EU's Digital Operational Resilience Act (DORA), have been emphasized.
- Experts highlight the necessity for banks to evolve quickly while maintaining stability as consumer expectations for seamless financial services increase, emphasizing the need for reliability, resilience, and accountability in the sector.
- The debate over resilience has shifted attention to upgrading banking technology systems to handle modern transaction volumes and prevent future failures, with a focus on core technology modernization and strategic reinvestment.
- Experts stress the importance of banks investing in scalable, API-first systems, enhanced security, AI-driven solutions, and adopting fintech-led strategies to enhance stability, improve customer experience, and minimize future outages.
- Recommendations include strengthening testing and monitoring protocols, investing in IT system updates, ensuring scalability, and deploying advanced monitoring tools to address potential issues proactively and prevent outages.
- Experts also emphasize the need for effective communication during outages, advising banks to keep customers informed, compensate for any losses, establish stringent criteria for selecting third-party vendors, and conduct regular audits to maintain reliability and security standards.
- Overall, the focus is on enhancing resilience, modernizing technology systems, improving response mechanisms, and fostering transparency to rebuild consumer trust and strengthen the UK financial system in the face of ongoing challenges.
The Fintech Times | 1 Mar, 2025
Payday from hell as several UK banks report major outages
- Several major UK banks, including Lloyds Bank, Halifax, TSB, Nationwide, First Direct, Bank of Scotland, and Barclays, are experiencing outages in their online services.
- The outages are primarily affecting web and mobile banking, with the exact cause still unclear.
- Customers are being greeted with messages warning of the ongoing outages and delays in payments.
- New rules set to take effect in March will require UK banks to ensure operational resilience in severe scenarios.
The Register | 28 Feb, 2025
UK’s CFIT to Launch Coalition Focused on Small Business Finance
- The Centre for Finance, Innovation and Technology (CFIT) has announced the launch of a new coalition focused on helping small businesses in the UK raise external finance.
- Partnered with Mastercard and Lloyds Bank, the coalition will develop technology, policy, and regulatory solutions to address the challenges faced by small businesses in accessing funding.
- Planned projects include an SMB digital finance education tool, a digital marketplace, and an SMB resilience index.
- The coalition aims to improve awareness, increase application for suitable finance, and support the growth of small businesses in the UK.
Pymnts | 8 Jan, 2025
Most UK businesses expect to grow in new year, surveys find
- About 70% of UK businesses expect their turnover to increase over the next year, up from 62% in December 2023.
- 73% of UK businesses are confident of greater profitability, according to research from Lloyds bank.
- Seven in 10 financial services bosses are confident that the government's plans will drive growth and competitiveness in the sector during 2025, according to data collated by KPMG.
- Recent surveys show mixed outlook for UK businesses, with some expecting growth while others predict a fall in activity and consumer spending.
Guardian | 30 Dec, 2024
FIS Reportedly Spending $300 Million to Buy UK FinTech Demica
- FIS is reportedly acquiring U.K. supply chain finance firm Demica in a $300 million deal.
- Demica's assets under administration surpassed $40 billion, with over 40% compound annual growth since 2016.
- Demica has partnered with institutions like Lloyds Bank and Standard Chartered, offering innovative products and services in supply chain finance.
- FIS aims to simplify payments processes for businesses, focusing on intuitive interfaces and seamless experiences.
Pymnts | 16 Dec, 2024
Oasis fans defrauded by scammers have lost £346 on average, bank reports
- Oasis fans have lost an average of £346 each to ticket scammers, according to Lloyds Bank.
- Scams related to fake adverts and posts on social media accounted for over 90% of cases.
- Lloyds Bank's analysis covered the period between 27 August and 25 September.
- The total number of victims is likely to be higher as of now.
Guardian | 5 Nov, 2024
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Lloyds Bank FAQs
Where is the Lloyds Bank headquarters located?
Lloyds Bank is headquartered in Hyderabad / Secunderabad, Telangana and has an office in Hyderabad / Secunderabad
How many employees does Lloyds Bank have in India?
Lloyds Bank currently has approximately 60+ employees in India.
Does Lloyds Bank have good work-life balance?
Lloyds Bank has a work-life balance rating of 4.4 out of 5 based on 10+ employee reviews on AmbitionBox. 87% employees rated Lloyds 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 Lloyds Bank reviews for more details
Is Lloyds Bank good for career growth?
Career growth at Lloyds Bank is rated fairly well, with a promotions and appraisal rating of 3.7. 87% employees rated Lloyds Bank 4 or above, while 13% employees rated it 3 or below on promotions/appraisal. Though the sentiment is mixed for career growth, majority employees have rated it positively. We recommend reading Lloyds Bank reviews for more detailed insights.
What are the pros of working in Lloyds Bank?
Working at Lloyds Bank offers several advantages that make it an appealing place for employees. The company is highly rated for company culture, work life balance and skill development, based on 10+ employee reviews on AmbitionBox.
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