Bank of Baroda BFSI, Investments & Trading Department Salaries in Chennai

Likes

...and working style in the banking. All responsibility is of officier and manager.clerks and sub-staff are getting free salary and equal to almost to us nearly 10 % down. They are living happy life and near to their houses and relative. officer and manager are thrown to different locations.all I can say that banking is not at all option for student who worked so hard and pray to God for this worst job. I want govt to privatised all these banks. So that bright student will not come to this sector merely for the sake of govt tag. Which is actually not a case

Dislikes

Work culture, learning platform And mindset of HR, RO and ZO They behave like they are more powerful and they can kick you anywhere and anytime. No matter what or who you are. They is no support from RO, no team to support and no knowledge to branch people what they are doing. Branch are struggling with one-one officer. Bank might be in profit in the end of the day or year. But the branch officer and manager loss everyday one day of their life... In recent few years people are commenting suicide and even case of heartfail, tension and we are living a life at risk of looting by goon and people on guna. Due to change in the banking culture in last decade, people like scold to staff of bank for any reason and even for 1 rs. Previously, banker have more respect in the india. But now due more intervention of govt and RBI in the work culture and policies of bank each day like we are bankers are nothing in the society. We have lost the respect in the eye of account holder and public.

Likes

The bank maintained the payment of salary and allowance promptly.

Dislikes

The management follows private culture and the employees are more pressure and no work life balance. There is no satisfaction in work. Every day some fear is there that day how go about meetings and priorities of work. Kindly change the work culture.

Likes

...E BUT THERE SOME PERMANENT EMPLOYEE IS MAKING POOREST & BAD WORKING ENVIRONMENT. In my opinion Bank is looking cheaper employees without giving benefits like incentive & other things only salary based employee.

Dislikes

BANK OF BARODA RADIANCE WEALTH MANAGEMENT IS FAILED DUE TO BANK POLICY THERE IS NO VALUE OF CONTRACTUAL EMPLOYEES TOTAL WORST MANAGEMENT.. Don't Join as contract employee they think you are not eligible candidate.

Likes

The brand value is internationally recognised. Full job security.Second most valued PSU bank. Extremely good market value. Good Working culture.

Dislikes

...a frequent transfer policy. Low payment high risk. Work life balance is missing. Minimal growth of salary yearly. Low bonus and appreciation.

Likes

Bank of Baroda Scale 1 Officer Starting Salary in Delhi Particulars Annual Monthly Salary without JAIIB Monthly Salary with JAIIB Monthly Salary with CAIIB Basic   36000 37490 38980 DA   17463.6 18186.3 18909.1 Total   53463.6 55676.3 57889.1 Special Allowance   8768.0 9130.9 9493.8 CCA   1400 1400 1400 Learning Allowance   891.06 891.06 891.06 Pay Slip Component   64523 67098 69674 Refreshment Allowance   1250 1250 1250 Employer Contribution to NPS 14%   7484.90 7794.69 8104.48 House Maintenance Allowance   750 750 750 Lease Accomodation in Delhi   30000 30000 30000 Conveyance 50 Litre Petrol   5500 5500 5500 Other Allowance on Annual Basis         Entertainment 4600/- 383 383 383 News Paper 2800/- 233 233 233 Briefcase once in 2 Years 1500/- 63 63 63 Medical Allowance 10600/- 884 884 884 Mobile Handset once in 3 Years 10000/- 833 833 833 Furniture once in 10 Years 125000/- 1041 1041 1041 Performance Linked Incentive 15 Days Salary   2688.4 2795.7 2903.08 Leave Encashment for LFC LTC 30 Days Salary once in 4 Years   1344.2 1397.88 1451.54 LFC /LTC Encashment for 4 Person Average once in 4 Years   708 708 708 Annual Leave Encashment 5 Days Salary   10753.78 11183.06 11612.34 Life Insurance for 20 Lakhs Coverage 12000/- 1000 1000 1000 Health Insurance for 4 Lakhs Coverage 50000/- 4167 4167 4167 Branch Head Allowance*   1000 1000 1000 Mobile Expense*   700 700 700 Total CTC Per Month   135306.04 138781.79 142257.55 *Other Benefits Overdraft Limit Available at 7%, Car Loan and Housing Loan are available at 5.5% Simple Interest, Furniture Maintenance Allowance and Other Perquisites. DA in Banks is revised in every 3 Months Salary will be increased by 17% after 12th BPS. Loan Amount EMI Loan Amount EMI For Every 270000/- Housing Loan 1000/- For Every 90000/- Car Loan 1000/-

Dislikes

No