Branch Head and Manager Salary in Imphal

Likes

IAM WORKING ON MANAPPURAM ASSET FINANACE LTD THANJAVUR BRANCH

Dislikes

BASIC SALARY IS VERY LOW 7 YEAR COMPLETED ME

Likes

...ere are lots of certification courses and examination and higher study facility. If one can manages to study while working , and pass the exams , there will be increment in salary and the chances of promotion gets better . However , the promotion / appraisal is very structured. Every after 3 years and above are eligible for promotion and the probation period after promotion is 1 year. But , if one is dedicated, the career trajectory can be very good and one can actually retire from federal bank with lots of perks and benefits.

Dislikes

There are different department in Federal Bank and different types of hierarchy. However, to change your department from branch to zonal office , or retail loan to forex headquarters etc is very difficult and almost based on constant request to HR or based out of pure luck. Every year , there will be transfer of your position and that might not be the scenario for change in your department. So one's career in the federal bank can be very upscaling and upward moving , however for someone who's struggling with location switch , might be very challenging.

Likes

... 2. HR policies are favorable for employees. 3. Sales pressure is moderate. 4. Joining salary is one of the best in the industry.

Dislikes

1. Unclear process for business development. 2. Union culture, a hurdle in work culture. 3. Learning is confined. 4. No performance linked incentive & annual increments are peanuts.

Likes

On time salary, Good Allowances

Dislikes

Office politics is too bad, Very less hike per year, Bank is trying to get out of IBA.