Federal Bank Assistant Manager Reviews

Likes

Only salary and perks are good

Dislikes

and if talking about work life balance no such thing lies in Federal Bank. No one care about you if you're posted in rural branch you'll be like nothing for management. No one will talk about your career growth this is pathetic about federal bank

Work Details

Work days: Alternate Saturday off (Flexible Timings)

Work related travel: This job involves Travel Within City.

Likes

Good compensation

Dislikes

Staff shortage and heavy workload

Likes

The work culture and the perks are really good. One can have job security and various departments in their lifetime while working.Very good opportunities and transfer scenario for female employees. Retirement benefits, HRA, allowances, NPS and medical allowances are really good. One does have ample opportunity to upskill in different areas of banking. There 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....Read More

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....Read More

Work Details

Work days: Alternate Saturday off (Strict Timings)

Work related travel: This job involves Travel Within City.

Likes

Only the salary and benefits

Dislikes

Here one doesn't get promotion on how well they have performed in developing new business or operational works etc, here ppl get promotion based on the contact and other personal benefits

Work Details

Work days: Alternate Saturday off (Flexible Timings)

Work related travel: This job involves Travel Within City.

Likes

Salary and benefits are very much like those of PSU Bank

Dislikes

Like all banking industry, the work-life balance doesn't exist. Transfer policy is also a major problem

Work Details

Work days: Monday to Saturday (Flexible Timings)

Work related travel: This job involves Travel Within City.

Likes

Job security, salary and benefits

Dislikes

HR deployment is the worst. It is not transparent. They don't consider talents. You may be forced to work in completely irrelevant roles even You are specialized in a particular field. HR is not concerned about learning and development. They just need a person to fill a vacancy. Worst HR policies.

Work Details

Work days: Alternate Saturday off (Flexible Timings)

Work related travel: This is a desk job.

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.

Work Details

Work days: Alternate Saturday off (Strict Timings)

Likes

Salary and perks mostly

Dislikes

Apart from salary and perks it’s very difficult to work. You are on your own

Work Details

Work days: Alternate Saturday off (Strict Timings)

Work related travel: This job involves Travel Within City.

Likes

Job security, Good compensation for a private bank

Dislikes

No work life balance, lack of supportive team members, Pressure to do the cross sell if you are posted at branch, lack of growth opportunities and most disliking thing that is worst transfer policy

Work Details

Work days: Alternate Saturday off (Strict Timings)

Work related travel: This is a desk job.