City Union Bank Loan Processor Underwriter salaries in Madurai

Likes

No

Dislikes

No work life balance You need to pay your exgratia that you got when you leave the company You can claim the amount for your earned leaves after 10 years from confirmation If you have employee home loan in this bank, when you leave it will convert to normal housing loan and you need to pay the penalty amount from date of Disbursement to current date. Branch culture is worst ; you need to take care of each & everything in branch from ATM loading; admin activities to officer / manager role

Likes

Nothing

Dislikes

...d appraisal systems.Still old age methodology is followed.Poor upper management.Low salary but heavy work comparing to other organisations.No separate marketing team branch staffs do both outside and inside marketing and branch works seamlessly.

Likes

Learning opportunities are high as compare to other banks.

Dislikes

...s are not there so if one joins there so next 3-4 years the salary will be same. Also the HR policies are not good we one plans to take exit from the bank has to pay a lum sum amount last one year bonus, traing and recruitment cost etc etc and that is comes around 8-10 percents wt u got in last 3-4 years. So specially for middle class people this bank is not recommended. Also the bank is not that safe for girls

Likes

U will be trained in every section of banking

Dislikes

...ank. 4.Max in training you will be pai 17 k after that 23 k through the career..your salary will be hiked only if you get promotion...It will take 5 yes to 10 yrs to get promotion. 5.You have to do marketing,Telecalling,Cross selling of Multiple insurances and Products ,Branch work, Recovery,Loan proposal sourcing and processing but in return you will be paid nothing. 6.They will say your training period is 6 months but they will take 1 yr to move you from training to probation.after that 1 year probation period will be extended upto 1 and half year...Tottaly it will take 3 years to get confirmation if your performance is Exceptionally good(note:if your performance is low you will not be confirmed in the service eventhough it is 10 yrs) 7.After joining in this bank there will be no personal Life forget about it always bank. 8.They will torture you like anything eventhough if you perform well 9.The will send you for local tour in the name of deputation without Travel allowance and Batta 10.If you choose to leave the bank you have to pay min 50k to 1 L...The salary you earned for months will be technically recovered. The points i stated above is Bible of the Bank if you want to read it join the bank and spoil your career. I beg you people's not to join the bank..eventhough if you join how will leave the bank immediately by yourself in these days.

Likes

Nothing to be liked. Their motto is like LIC but with very different meaning: sucking your blood - employment ke saath bhi employment ke baad bhi. They demand ridiculous amount of money in the name of training cost whenever you quit (they have your original certificates) . Amount is not fixed as it depends on how much you have earned till then (the HR deptt has special calculator for this)

Dislikes

...he name is deceiving by combining two famous bank names (Citti + Union bank). You are not losing any money by letting employees keep the salary they deserve, but by your attitude which makes good employees leave.