Tamilnad Mercantile Bank Assistant ManagerChennai Reviews
based on 5 reviews
Updated 14 Oct, 2024
Overall Rating
2.8/5
How AmbitionBox ratings work?
Category Ratings
3.7
Job Security
3.6
Salary & Benefits
3.0
Promotions/Appraisal
3.0
Skill development
2.4
Work Satisfaction
2.2
Company culture
2.1
Work-Life balance
Tamilnad Mercantile Bank is rated
2.8 out of 5 stars on
AmbitionBox, based on 5 company reviews.This rating
reflects a below average employee experience, indicating poor 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
Tamilnad Mercantile Bank is rated
2.8 out of 5 stars on
AmbitionBox, based on 5 company reviews.This rating
reflects a below average employee experience, indicating poor 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.
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in Tamilnad Mercantile Bank Assistant Manager Chennai Reviews
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5 reviews found
for
"salary"
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Assistant Manager in
Chennai
Full Time
·
Banking Operations Department
3.0
Overall Rating
3.0
Category Ratings
4.0
Promotions/Appraisal
4.0
Skill Development
2.0
Company Culture
3.0
Work Satisfaction
4.0
Salary & Benefits
3.0
Job Security
2.0
Work-Life Balance
posted on 14 Oct 2024
Likes
Salary and other perks
Dislikes
Internal politics
Work Details
Work days: Alternate Saturday off
(Flexible Timings)
Work related travel:This is a desk job.
Assistant Manager in
Chennai
Full Time
·
Back Office Department
2.0
Overall Rating
2.0
Category Ratings
2.0
Promotions/Appraisal
1.0
Skill Development
1.0
Company Culture
2.0
Work Satisfaction
4.0
Salary & Benefits
2.0
Job Security
1.0
Work-Life Balance
posted on 18 Apr 2024
Likes
Salary and perks
Dislikes
Community based biased treatment
Work Details
Work days: Monday to Saturday
(Strict Timings)
Work related travel: This job involves
Travel Within Country.
Assistant Manager in
Chennai
Full Time
·
Banking Operations Department
3.0
Overall Rating
3.0
Category Ratings
3.0
Promotions/Appraisal
2.0
Skill Development
1.0
Company Culture
1.0
Work Satisfaction
4.0
Salary & Benefits
5.0
Job Security
1.0
Work-Life Balance
posted on 14 Sep 2023
Likes
Industry standard salary, job security
Dislikes
Very very long working hours, absolutely no work life balance. Favouritism, very old culture and very regressive mindset. Fresh bloods are dumped by grudgy, less knowledged seniors.
Work Details
Work days: Monday to Saturday
(Strict Timings)
Work related travel:This is a desk job.
Assistant Manager in
Chennai
Full Time
·
Banking Operations Department
3.0
Overall Rating
3.0
Category Ratings
3.0
Promotions/Appraisal
3.0
Skill Development
2.0
Company Culture
1.0
Work Satisfaction
4.0
Salary & Benefits
4.0
Job Security
1.0
Work-Life Balance
posted on 18 Mar 2023
Likes
Salary and job security
Dislikes
No work life balance, Bureaucracy and toxic work culture.
Work Details
Work days: Alternate Saturday off
(Strict Timings)
Work related travel: This job involves
Travel Within City.
Assistant Manager in
Chennai
Full Time
·
Banking Operations Department
1.0
Overall Rating
1.0
Category Ratings
1.0
Promotions/Appraisal
1.0
Skill Development
1.0
Company Culture
3.0
Work Satisfaction
3.0
Salary & Benefits
3.0
Job Security
1.0
Work-Life Balance
posted on 26 May 2022
Likes
Likes: Monthly salary payment in time.
Note that no battas for Deputations/allowances are paid by the management or negligible expenses incurred is paid. So, you run on a loss if you are deputed to any other branch.
Dislikes1/2: The work culture here is pathetic. The cross functional teams doesn't intend to work together. Instead, they have their own ways, that doesn't help the organization in anyway to grow together.
Management is based from Virudhunagar/Sivakasi (TamilNadu) people only. So you could see lots of top executives working in the organization They are always elevated in their career path even though they do not have the right skill sets.
Company policies are it's worst that even for a job change, you have to seek permission from HRD! Late sitting on daily basis even after finishing the designated works, no proper infrastructure in branches, lack in leaders, inefficient management as a whole.
Job security is in a decreasing trend now. They either look out for opportunities to send you out on punishment like CRS/increment cuts or torture/fight with you in branches attempting to make a worst culture to exit the job....Read More
Dislikes
Dislikes 2/2:There are a few hard working people within the company. With which the top executives live a comfortable life here.
Training wouldn't be much constructive as they have many excel sheets available for working on credit operations. And even the credit underwritings manipulate the report according to manager's/top level management intention to sanction loans that led to many NPAs.
Politics would be there in all the companies. No exception to this company as well. It's worse in this company.
Work-Life balance at its worst because all days you'll need to work/late-sit at least till 2100hrs after starting your works from 0930hrs.
Promotion is given to people who knows to do politics well enough. There's no innovation in their products/thinking. The company always would be lagging in terms of competitors.
Last minute circulars or notifications that you can't execute the EOD operations until finishing an up-hill task withing the branch....Read More
People also ask about Tamilnad Mercantile Bank, Chennai Assistant Managers
Is Tamilnad Mercantile Bank, Chennai a good place to work for Assistant Managers?
The experience of working at any company can vary based on factors like team, manager, role, company policy etc. However, with an overall rating of 2.8 out of 5 from over 5 employee reviews, it's clear that most assistant managers have a below average experience working at Tamilnad Mercantile Bank, Chennai. Job Security holds the highest rating at 3.7, while work-life balance is rated the lowest amongst all factors at 2.1. Read reviews about job security and work-life balance on AmbitionBox.
Does Tamilnad Mercantile Bank, Chennai pay their Assistant Managers well?
According to AmbitionBox reviews, Tamilnad Mercantile Bank, Chennai assistant managers rate their salary and benefits at 3.6 out of 5, based on 5 reviews. The rating reflects an average level of satisfaction among employees regarding compensation and benefits, indicating that while employees find the compensation and benefits acceptable, there is room for improvement in these areas. You can know more about Tamilnad Mercantile Bank, Chennai's assistant managers salaries here and to read reviews specifically about salary and benefits at Tamilnad Mercantile Bank, Chennai for assistant managers, click here.
How is the work culture at Tamilnad Mercantile Bank, Chennai for Assistant Managers?
Work culture at Tamilnad Mercantile Bank, Chennai for assistant managers is rated 2.2 out of 5 by 5 employees on AmbitionBox, indicating a below-average environment. Work culture encompasses aspects like collaboration, support, and overall employee satisfaction. This lower rating suggests that employees may experience challenges in aspects like collaboration, support, and overall satisfaction. To read reviews specifically about work culture at Tamilnad Mercantile Bank, Chennai for assistant managers, click here.
How is the job security at Tamilnad Mercantile Bank, Chennai for Assistant Managers?
Based on 5 reviews on AmbitionBox, Tamilnad Mercantile Bank, Chennai's assistant managers rate job security at 3.7 out of 5. This average rating suggests that while many employees feel reasonably secure in their roles, there may be some concerns or uncertainties. To read reviews about job security at Tamilnad Mercantile Bank, Chennai for assistant managers, click here.
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