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The Saraswat Co-operative Bank
3.4
based on 339 Reviews
Company Overview
Associated Companies
Company Locations
Working at The Saraswat Co-operative Bank
Company Summary
Overall Rating
3.4/5
based on 339 reviews
11% below
industry average
Highly rated for
Job Security
Critically rated for
Salary & Benefits, Promotions/Appraisal, Work Satisfaction
Work Policy
Work from office
94% employees reported
Alternate Saturday off
57% employees reported
Strict timing
70% employees reported
No travel
45% employees reported
View detailed work policy
Top Employees Benefits
Job/Soft skill training
18 employees reported
Health insurance
17 employees reported
Professional degree assistance
6 employees reported
Child care facility
2 employees reported
View all benefits
About The Saraswat Co-operative Bank
Founded in1918 (107 yrs old)
India Employee Count1k-5k
Global Employee Count1k-5k
India HeadquartersMumbai, Maharashtra, India
Websitesaraswatbank.com
Primary Industry
Other Industries
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Marching parallel to the evolving timeline of India, Saraswat Bank enters into its 102nd year of service to the people. After established in 1918, the Bank has witnessed important world events like the First World War, Second World War, India’s freedom struggle and the glorious post independence era. Standing the test of time, it has grown to be a pioneer in the urban co-operative banking sector in India, offering unparalleled financial services.Towering above its competitors and growing soundly for a century, Saraswat Bank today is the largest Urban Co-operative Bank in India and is spread across six states – Maharashtra, Goa, Gujarat, Delhi, Madhya Pradesh and Karnataka. With a total business of Rs.61,000 crore plus, 280 plus branches, and 266 ATMs, the Bank is committed to taking its legacy ahead with outstanding service.
Mission: To emerge as one of the premier and most preferred banks in the country by adopting the highest standards of professionalism and excellence in all the areas of working.
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The Saraswat Co-operative Bank Ratings
based on 339 reviews
Overall Rating
3.4/5
How AmbitionBox ratings work?
5
112
4
83
3
74
2
23
1
47
Category Ratings
3.9
Job Security
3.3
Skill Development
3.3
Company Culture
3.2
Work-Life Balance
2.9
Work Satisfaction
2.8
Promotions/Appraisal
2.7
Salary & Benefits
The Saraswat Co-operative Bank is rated 3.4 out of 5 stars on AmbitionBox, based on 339 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
Gender Based Ratings at The Saraswat Co-operative Bank
based on 322 reviews
3.3
Rated by 142 Women
Rated 4.0 for Job Security and 3.2 for Company Culture
3.5
Rated by 180 Men
Rated 3.8 for Job Security and 3.4 for Work-Life Balance
Work Policy at The Saraswat Co-operative Bank
based on 50 reviews in last 6 months
Work from office
94%
Permanent work from home
6%
The Saraswat Co-operative Bank Reviews
Top mentions in The Saraswat Co-operative Bank Reviews
+ 5 more
Compare The Saraswat Co-operative Bank with Similar Companies
Change Company | Change Company | Change Company | ||
|---|---|---|---|---|
Overall Rating | 3.4/5 based on 339 reviews | 4.1/5 based on 16 reviews | 4.1/5 based on 93 reviews | 4.6/5 based on 14 reviews |
Highly Rated for | Job Security | Work-Life balance Job Security Company culture | Work-Life balance Job Security | Skill development Work Satisfaction Company culture |
Critically Rated for | Salary & Benefits Promotion/Appraisals Work Satisfaction | No critically rated category | Promotion/Appraisals Salary & Benefits | Promotion/Appraisals |
Primary Work Policy | Work from office 94% employees reported | - | - | - |
Rating by Women Employees | 3.3 Average rated by 142 women | 5.0 Excellent rated by 4 women | 4.2 Good rated by 39 women | 4.7 Excellent rated by 4 women |
Rating by Men Employees | 3.5 Good rated by 180 men | 3.9 Good rated by 9 men | 4.0 Good rated by 48 men | 4.6 Excellent rated by 10 men |
Job Security | 3.9 Good | 4.2 Good | 3.9 Good | 3.7 Good |
View more
The Saraswat Co-operative Bank Salaries
2.7
rated by 339 employees for salariesJunior Officer
(682 salaries)
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₹2 L/yr - ₹8 L/yr
Deputy Manager
(360 salaries)
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₹3.8 L/yr - ₹12 L/yr
Branch Manager
(58 salaries)
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₹5 L/yr - ₹17.8 L/yr
Officer
(33 salaries)
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₹3 L/yr - ₹6 L/yr
DPT.Manager
(24 salaries)
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₹4 L/yr - ₹11.8 L/yr
Banking Officer
(22 salaries)
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₹2.9 L/yr - ₹5.2 L/yr
Chief Manager
(20 salaries)
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₹14 L/yr - ₹28 L/yr
Credit Manager
(20 salaries)
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₹6.5 L/yr - ₹11.7 L/yr
Business Development Officer
(20 salaries)
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₹3 L/yr - ₹4 L/yr
Assistant General Manager
(14 salaries)
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₹22 L/yr - ₹30 L/yr
The Saraswat Co-operative Bank Interview Questions
Interview questions by designation
Top The Saraswat Co-operative Bank interview questions and answers
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Interview Process at The Saraswat Co-operative Bank
based on 4 interviews in last 1 year
Interview Experience
3.0
Average
People are getting interviews through
based on 11 The Saraswat Co-operative Bank interviews
Referral
37%
Company Website
18%
Recruitment Consultant
9%
Job Portal
9%
*27% candidates got the interview through other sources
High confidence
The Saraswat Co-operative Bank Subsidiaries
Saraswat Infotech
3.5
• 57 reviews
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The Saraswat Co-operative Bank FAQs
When was The Saraswat Co-operative Bank founded?
The Saraswat Co-operative Bank was founded in 1918. The company has been operating for 107 years primarily in the Banking sector.
Where is the The Saraswat Co-operative Bank headquarters located?
The Saraswat Co-operative Bank is headquartered in Mumbai, Maharashtra. It operates in 4 cities such as Mumbai, Pune, Nagpur, Indore. To explore all the office locations, visit The Saraswat Co-operative Bank locations.
How many employees does The Saraswat Co-operative Bank have in India?
The Saraswat Co-operative Bank currently has more than 1,500+ employees in India. BFSI, Investments & Trading department appears to have the highest employee count in The Saraswat Co-operative Bank based on the number of reviews submitted on AmbitionBox.
Does The Saraswat Co-operative Bank have good work-life balance?
The Saraswat Co-operative Bank has a work-life balance rating of 3.2 out of 5 based on 300+ employee reviews on AmbitionBox. 42% employees rated The Saraswat Co-operative Bank 3 or below, while 58% 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 The Saraswat Co-operative Bank work-life balance reviews for more details
Is The Saraswat Co-operative Bank good for career growth?
Career growth at The Saraswat Co-operative Bank is rated as poor, with a promotions and appraisal rating of 2.8. 42% employees rated The Saraswat Co-operative Bank 3 or below on promotions/appraisal. This rating reflects a negative sentiment among employees for career growth. We recommend reading The Saraswat Co-operative Bank promotions/appraisals reviews for more detailed insights.
What are the pros and cons of working in The Saraswat Co-operative Bank?
Working at The Saraswat Co-operative Bank comes with several advantages and disadvantages. It is highly rated for job security. However, it is poorly rated for salary & benefits, promotions / appraisal and work satisfaction, based on 300+ employee reviews on AmbitionBox.
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