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New India Co-Op Bank
3.1
based on 112 Reviews
Company Overview
Company Locations
Working at New India Co-Op Bank
Company Summary
New Bank India is focused towards offering personal, home & small business loans as well as other banking solutions.
Overall Rating
3.1/5
based on 112 reviews
19% below
industry average
Critically rated for
Promotions, Salary, Company culture
Work Policy
Alternate Saturday off
45% employees reported
Strict timing
60% employees reported
No travel
51% employees reported
Day shift
94% employees reported
View detailed work policy
Top Employees Benefits
Job/Soft skill training
5 employees reported
Health insurance
2 employees reported
International/On-site exposure
1 employee reported
Professional degree assistance
1 employee reported
View all benefits
About New India Co-Op Bank
Founded in1968 (57 yrs old)
India Employee Count11-50
Global Employee Count11-50
India HeadquartersMumbai, India
Office Locations
Surat
Websitenewindiabank.in
Primary Industry
Other Industries
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New India Co-Operative Bank Limited is a fast growing & strong bank with it’s headquartering in Mumbai. The Bank is focused on upgrading and improving the services by optimising the use of the latest technology as well as continuous training of its Management and staff. The bank was founded in Mumbai in 1968 & was renamed as the New India Co-Operative Bank Limited in 1977. Since then the bank has grown into a strong and scheduled multi state bank with a network of branches in various states offering a wide range of services including forex services, trade services, home loans, small business loans and more.
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New India Co-Op Bank Ratings
based on 112 reviews
Overall Rating
3.1/5
How AmbitionBox ratings work?
5
33
4
31
3
18
2
7
1
23
Category Ratings
3.3
Work-life balance
3.1
Skill development
3.0
Job security
3.0
Work satisfaction
2.9
Company culture
2.4
Salary
2.3
Promotions
New India Co-Op Bank is rated 3.1 out of 5 stars on AmbitionBox, based on 112 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
New India Co-Op Bank Reviews
Top mentions in New India Co-Op Bank Reviews
+ 5 more
Compare New India Co-Op Bank with Similar Companies
Change Company | Change Company | Change Company | ||
|---|---|---|---|---|
Overall Rating | 3.1/5 based on 112 reviews | 4.0/5 based on 37.3k reviews | 3.8/5 based on 3.8k reviews | 4.0/5 based on 1k reviews |
Highly Rated for | No highly rated category | Job security Skill development Company culture | Job security Salary | Job security Salary Promotions |
Critically Rated for | Promotions Salary Company culture | No critically rated category | No critically rated category | No critically rated category |
Primary Work Policy | - | Work from office 92% employees reported | Work from office 82% employees reported | Work from office 93% employees reported |
Rating by Women Employees | 3.2 Average rated by 32 women | 3.9 Good rated by 9.8k women | 3.8 Good rated by 787 women | 4.1 Good rated by 105 women |
Rating by Men Employees | 3.1 Average rated by 73 men | 4.0 Good rated by 25.7k men | 3.8 Good rated by 2.6k men | 4.0 Good rated by 774 men |
Job security | 3.0 Average | 4.1 Good | 4.1 Good | 4.3 Good |
View more
New India Co-Op Bank Salaries
New India Co-Op Bank salaries have received with an average score of 2.4 out of 5 by 112 employees.
Officer
(124 salaries)
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₹1.9 L/yr - ₹4 L/yr
Senior Officer
(29 salaries)
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₹2.7 L/yr - ₹6.4 L/yr
Branch Manager
(19 salaries)
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₹5 L/yr - ₹9.5 L/yr
Brach Operation Manager
(16 salaries)
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₹5.8 L/yr - ₹6.7 L/yr
Assistant Branch Manager
(15 salaries)
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₹3.4 L/yr - ₹5.8 L/yr
Software Engineer
(14 salaries)
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₹2.2 L/yr - ₹5.8 L/yr
Banking Officer
(14 salaries)
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₹1.3 L/yr - ₹3.5 L/yr
System Engineer
(8 salaries)
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₹2.3 L/yr - ₹7.5 L/yr
Assistant Credit Manager
(7 salaries)
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₹7 L/yr - ₹12 L/yr
Credit Officer
(7 salaries)
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₹2.7 L/yr - ₹6 L/yr
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New India Co-Op Bank FAQs
When was New India Co-Op Bank founded?
New India Co-Op Bank was founded in 1968. The company has been operating for 57 years primarily in the Banking sector.
Where is the New India Co-Op Bank headquarters located?
New India Co-Op Bank is headquartered in Mumbai and has an office in Surat
How many employees does New India Co-Op Bank have in India?
New India Co-Op Bank currently has more than 40+ employees in India. BFSI, Investments & Trading department appears to have the highest employee count in New India Co-Op Bank based on the number of reviews submitted on AmbitionBox.
Does New India Co-Op Bank have good work-life balance?
New India Co-Op Bank has a work-life balance rating of 3.3 out of 5 based on 100+ employee reviews on AmbitionBox. 43% employees rated New India Co-Op Bank 3 or below, while 57% employees rated it 4 or above for work-life balance. This rating suggests that while some employees recognize efforts towards work-life balance, there is scope for improvement based on employee feedback. We encourage you to read New India Co-Op Bank work-life balance reviews for more details
Is New India Co-Op Bank good for career growth?
Career growth at New India Co-Op Bank is rated as poor, with a promotions and appraisal rating of 2.3. 43% employees rated New India Co-Op Bank 3 or below on promotions/appraisal. This rating reflects a negative sentiment among employees for career growth. We recommend reading New India Co-Op Bank promotions/appraisals reviews for more detailed insights.
What are the cons of working in New India Co-Op Bank?
Working at New India Co-Op Bank does have some drawbacks that potential employees should consider. The company is poorly rated for promotions / appraisal, salary & benefits and company culture, based on 100+ employee reviews on AmbitionBox.
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