HDFC Bank Financial Service Associate salaries in Mumbai

Likes

While, the company is more Innovative. Sometimes I feel good that I'm working with a well known brand called HDFC. As it provides quality products and customise products as well.

Dislikes

Compensation is decent, but growth is very slow. The work pressure is higher. Sometimes, o have to work 12 to 15 hours straight in a day as I have to visit Client in the evening and sometimes late into the night, which is why I have to take back my suggestions most of the times.

Likes

I Was working with HDFC Bank Bangalore . My branch Manager was a bengali , Ch was also a bengali . They have created a hell like work culture . Main work of branch manager is to observe the pressure which is coming from CH. But in our case the bengali branch manager used to put employees infront of the Ch and Zh . He is not even fixing any clinet call for that also he will put employees infront of CH . And shout loudly infront of customers also ,... The bengali man is so selfish in his approach . Only thinking about themselve not about the situation of employee. He need everyone tobe active in 1st of month ... so pathetic.. most of relation managers are getting bald as they are not able to handle pressure. and having bp and other health issues .

Dislikes

Salary on Time .

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

Work life balance

Dislikes

... exploiting the manpower by not giving justice to the effort and their salaries. The industry average is almost 100% higher than the salary they provide. And, with 3-4% increment, you will never beat the inflation. So salary wise - A big NO!! For ex:- AVP (D1 Band) salary in the Bank can go as low as <20 Lacs (almost 15+ years of experience). Exploitation at its peak.

Likes

There's nothing to like about this bank. Been working for almost 2yrs now and not a single day I've had peace.

Dislikes

...ations part. All they care about is only LI. More like a Life Insurance company. No pay for overtime. Absolutely t.o.x.i.c place no matter which branch you work in. And what the funnier part is they make you work even if you are sick and suggested complete bed rest for a week. They never give you leave even if you're dying. Made me work till 11pm in my initial days. A very non-employee friendly company. And if you can b.o.ot l.i.c.k your Branch Manager and Cluster Head, you will get a good rating else you'll only end up with C rating with a yearly bonus of mere 10k and a mere 300-400 raise on your salary. Lol!