Branch Credit Manager Salary in Insurance in India

Likes

Free and friendly atmosphere; well nurtured under the guidance of seniors; All other staffs well supportive and discussed about any issues.

Dislikes

One should allow to take pending mandatory leaves for all; If not allowed then its compensation should be allowed. Switched off policy should be strictly adhere for all functions except month end. When we talk about Fly High trip; Once should not be done partiality with others or Boss favorite's. the deserved people will get chances instead of newly joined peoples who will not completed even 6 months in system. 2nd Saturday should be weekly off for All Teams instead of MOT.

Likes

Salary and compensation: People coming from outside can take some very good hike while joining HDFC. They don't limit that upto 25 to 30% hike, if you can negotiate better, you can take some good hike which other banks might not offer, people gets upto 50 to 60% hike while joining from other banks. Home loan rate of interest is 2.5% to 4% for employees Car loan rate of interest 4% Personal Loan rate of interest is at around 5% 5 working days 1 day work from home in a week. Organization culture: Most of the people are there in the bank since inception and for many of them this might be the first organisation, due to this there is pros and cons, those people have not worked outside HDFC are not experienced the outside world and thinks in their own way, people who are very senior are very loyal to the organisation and gave all their life to build this organisation, hence they have different emotions involved in to it.

Dislikes

Yearly appraisal hikes are not very good

Likes

Fast-paced environment, aggressive way of doing business, good flow of communication, pay and perks, travel allowances are liberal. Good for people who like to own responsibility and portfolio of business.

Dislikes

Work-life balance, workload, inter-departmental friction, burnout in a few years.

Likes

Very meticulous processes helps in following banking operations compliance

Dislikes

Salary packages is less , increment is very less