Federal Bank Salaries in Mumbai

Likes

Salary is good and on time .that's it.

Dislikes

Orthodox culture. There is a lot of politics.though the vision is to be toppest bank of India the reality is they don't want to go outside Kerala. Probation period of 1Year and review every quarter. Position is given based on previous company salary not on the designation or overall experience. Also multi department report.Appraiser from one department and reviews frm another .

Likes

...traveling allowance for additional cost incurred while traveling under lockdown. We were allowed to work on rotational basis and were given additional pay for everyday branch attended during Covid.

Likes

Federal bank pays a very good package with comparison to other Banks. Very good scope for learning and development.

Dislikes

With high level of job security, performance of some staff is abysmal. It discourages performers to perform as performers are only given recognition, no monetary benefits.

Likes

One small joke without infrom direct immediately reliving with last month salary also cut.... Total my bank career this organization worst feeling my carrer, Any one not joining this organization , if u join your career kollab

Dislikes

This organization without information direct immediately reliving and lost month salary also cut total my bank career this organization worst feeling my career, any one not joining this organization my suggestion

Likes

Pay scale is good, less Pressure,

Dislikes

Policy and sales pressure as someone who want to learn more about wealth management and investment, I'm stuck in log-in days this learning curve is bad some Officers are treating customer as it's late 90s where they can move customer from counter to counter and delay paper work, not realising that it is also affecting other's efficiency as well. last but not least Transfer policy, not able to move to a desired location even if Mutual agreement is there