HDFC Bank Relationship Manager Preferred Banking salaries in Mumbai

Likes

They are strict about compliance and their processes which is really good for the bank's growth and brand value

Dislikes

Too much discrimination. No work life balance , very very low salary compare to the work expectations , no support

Likes

They are not cutting the jobs but for sure they are making people to leave there ji b there is nothing good I can speak for hdfc bank

Dislikes

I think they need to change working environment and culture they should motivate team instead of pressurizing them.

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!