City Union Bank Relationship Manager - SME salaries in Visakhapatnam

Likes

...amt of learning entire banking system by yourself, this is the place for you! 3. Timely Salary: Don't worry, your salary will always arrive on time, no matter how much (or how little) you've actually contributed. Because punctuality is key, even when your performance isn't. 4. No late Evening Working: North India branches have no walk-in customers. By 6, or may be 7 PM you can leave the office and breathe fresh air - after all, how many door-to-door sales can you really handle in a day? 5. Bonus/ Ex-gratia: Sure, bonuses are handed out twice a year - if you've pulled off the impressive feat of securing a 1 Cr loan every quarter. Otherwise, you might get a delightful 40% of what was announced. Aim high or settle for crumbs. 6. Branch Manager Perks - If you are a Branch Manager, you 're in luck with fuel reimbursement, allowances, rent reimbursement, Branch Manager allowances, rent reimbursement and more - because only the chosen ones get those extras. Everyone else? Well, better luck next time! 7. No Cluster Head/ Circle Head/ Zonal Head like Structure: Enjoy the peace of minimal con-call and WhatsApp reporting since there's no endless hierarchy breathing down your neck. But don't get too comfortable - non-performance punishment can still strike without a warning just when you thought you were safe! At that time no one can save you.

Dislikes

...anch mile from what was agreed upon. Flexibility is key... or is it survival? 3. Tricky Salary Offer: Their offer letter should come with a magnifying glass. If you don't clarify your actual take-home pay upfront, you're in for a surprise. Also, forget any hopes of a raise; it's only downhill from here unless you escape to another bank. 4. Delayed Confirmation: Confirmation here is no less than a myth. Expect to stay unconfirmed for four to five years - if you're lucky! They'll hold confirmation hostage until every target is achieved, and when promoted, the confirmation reset starts again. Imagine getting "promoted" but back to unconfirmed status each time! 5. No leave credits During Probation: Say goodbye to any hopes of leave. With a probation period that seems to stretch into eternity, you'll get a meager 12 CL and 12 SL at joining and nothing more. Take leave sparingly - otherwise, it's loss of pay, as probation can last years. 6. Worst Transfer policy: Dreaming of a home posting? Think again. Their policy flat-out refuses favorable locations, no matter what anyone promises (even the HR Head's word means nothing!) 7. Late Sitting for No reason: Get ready to be held hostage by the world's slowest systems and no-responsive departments. You'll spend long unproductive hours dealing with day-end blockage and absurd departmental demands. 8. No brand image and branch network: Outside Tamil Nadu, this bank is practically invisible. Meeting sales target is nearly impossible, so don't get your hopes up for confirmation, promotion, or even basic incentives. Frustration and resignation seem to be main perks. 9. Unsecured Mindset: Head Office operates in a state of perpetual distrust, doubting every staff (including their own). Rather than solve problems, they'll point out every flaw, ensuring you get maximum dose of criticism with zero solutions. 10. Recovery at Resignation: Think you can just leave? Not so fast! At resignation. they'll claw back every bonus, ex-gratia, training cost (down to train fares and hotel expenses), recruitment fees, and even the difference on any subsidized loan rate you received. Staff often find themselves trapped simply because they can't afford the hefty bill required to get a relieving letter.

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.