Federal Bank Kolkata Reviews

Likes

Salary package

Dislikes

Late promotion Rotation in work

Work Details

Work days: Monday to Saturday (Strict Timings)

Work related travel: This is a desk job.

Likes

.job security

Dislikes

Regionalism and inadequate management and worst HR policies

Work Details

Work days: Alternate Saturday off (Strict Timings)

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

The work culture of the Bank is extremely professional. Recently after that HDFC fiasco, I just realised, no one in my banking career of 9years dared to talk to me like that, in Federal Bank, no one even a VP, wont talk to even an entry level recruit like that. Federal Bank employees and management do not believe in humiliation of any kind. There is a sense of ownership in every employee of Federal Bank whenever you come across one, and all the employees of the Bank are called Federal Family for a reason. Federal Bank is the only Bank pan India who provides an ex gratia payment to all its employees from last several decades over and all the salaries, perks, perquisites and performance linked incentives. Since I joined Federal Bank in 2014, every time I saw the Bank posting a healthy profit figure, perhaps it’s only because of the trust of its employees and it’s customers. I am enjoying here, and I guess others would too....Read More

Dislikes

The name of our Federal Bank is still not known to all, at-least in the tier 2 and 3 towns of North, West and East India, so if you call some one saying you are calling from Federal Bank, the first response you get is “ where from you calling, Petrol Pump”. It happened to me several times. I just laugh it out. 🤣

Work Details

Work days: Alternate Saturday off (Strict Timings)

Work related travel: This job involves Travel Within Country, 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

Nothing no learning no proper structure of the internship and zero job security they will retain you if they require you otherwise you are out wasted my precious 6 months here which i could have given to a organisation where i could have gotten job security

Dislikes

Everything shit organisation poor infra didn’t even provide laptop and email during training and expected data privacy and confidentiality poor top management

Work Details

Work days: Alternate Saturday off (Strict Timings)

Work related travel: This is a desk job.

Likes

Excellent salary Package, with allowances, ex-gratia, additional interest on fds, rds, low rate of emis on staff loans, cheap loans, salary according to bipartite settlement, adequate number of leaves.

Dislikes

3rd party insurance selling, lesser number of staff at branch level, hr policies not transparent, frequent transfers from officer level, working environment is not according to new gen, work-life balance is not there, can get posted to remotest of areas.

Work Details

Work timings: Strict Timings

Work related travel: This job involves Travel Within City.

Likes

Salary, work environment

Dislikes

Working hours

Work Details

Work days: Monday to Friday (Strict Timings)

Work related travel: This job involves Travel Within Country.

Likes

Good compensation

Dislikes

Worst transfer policy

Work Details

Work timings: Strict Timings