Federal Bank Banking Associate salaries in Bhubaneswar
Annual salary range
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₹3.8
Lakhs - ₹4.8
Lakhs
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Last Updated:
16 Mar 2023
Banking Associate salary at Federal Bank ranges between ₹3.8
Lakhs
to ₹4.8
Lakhs
per year for employees with 5 years of experience. Salary
estimates are based on
1 latest salaries received
from various employees of Federal Bank.
Salary related reviews for Federal Bank
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1.0
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3.0
for Salary and Benefits
Likes
Only salary and perks are good
Dislikes
and if talking about work life balance no such thing lies in Federal Bank. No one care about you if you're posted in rural branch you'll be like nothing for management. No one will talk about your career growth this is pathetic about federal bank
There are many things that are not good in the bank. Like work time 'starting from 9:45 every morning and have no idea when to come back almost 12 hours work everyday. Thus the employee's private life remains nothing. Neither he can take time for himself nor can he give time to his family.
Another thing is that he does not give transfer near the employee's house. He does not understand anyone's situation. Due to such an environment, the employee becomes frustrated and prone to leave the job. It is requested to think about the employee and take a good solution for not hiding from the site after reading the review.
And do not discriminate between male and female employees regarding office time and transfer.
Salary and other compensation reimbursement and job security
Dislikes
Work life balance is worst.. if sales is not your thing you wont get any credit for other operational work done by you. Banking is all about selling insurance products
...ere 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.
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.
What is the notice period for Banking Associate at Federal Bank in Bhubaneswar?
According to AmbitionBox, 100% of the Federal Bank Banking Associates in Bhubaneswar reported a notice period of 15 days or less.This is based on 1 response on AmbitionBox in last 2 years.
Federal Bank Banking Associate Salaries in Bhubaneswar
Federal Bank Banking Associate salary in
Bhubaneswar
ranges between ₹3.8
Lakhs to ₹4.8
Lakhs. This is an estimate based on
latest salaries received from employees of Federal Bank.