HDFC Bank Area Collection Manager salaries in Jalandhar

Likes

Bank is good for gaining the knowledge and its a great place to work . One person can think to work till retirement from this organisation

Dislikes

Employees are underpaid , as per their experience and grade. Bank HR must check the salary components in comparison to other market players.

Likes

Bank's collection processes and guidelines are good. Bank prefer work life balance.

Dislikes

Incentives, bonus and increment is worst and lower than other bank and NBFCs. Incentives are not available for collection team. Infrastructure like workstations, printer are not available for spokes locations managers.

Likes

Working Hours (9:30 to 5:30 some time 9:30 to 7:30(occasionally) Work Pressure is very low in debt recovery or collections department if, you compare the same with other companies. Job security

Dislikes

Salary increment (3 rating 4%, 2 rating 5 to 6%, 1 rating 7% to 9 % approximately) Bonus structure

Likes

Salary comes on time.

Dislikes

There is no one in the bank to explain And the ones that are old, new people treat them differently, & Timing is a big issue, like coming to the bank is on time but leaving is not fixed And there is a lot more to write but it cannot be completed in one line

Likes

Salary is always on time. Brand name in the market makes feel proud of being part of big organization. Good software Technology system is adopted by the this organisation for both customers and employees. Less technological errors/failures are faced.

Dislikes

Extended working hours, Apart from salary, other benefits are very less as compare to other organisations. Incentive structure is very strict and most of the time partial part of earned incentives are kept on hold for the whole year. Sales is so aggressive as it could harm mental well being. Output is given highest priority than the inputs. Seniors always show aggression for sales and same aggression is seen in their actions and reactions. Overall work culture is not helathy to work. Most of the time obusive language and high volume is used by seniors.