Model Co-op. Bank Junior Officer Operations salaries in Mumbai

Likes

None

Dislikes

...ge almost every dept. Work hours is more then 12 hours excluding traveling time. There is a bond period and if you leave in between you'll have to pay 1,00,000/- it's a do or die situation.

Likes

There is nothing positive about the Bank and the Management here

Dislikes

...gets allocated but will rather criticize for not being able to achieve more. They don't provide salary slips, They have no feelings towards pregnant employees, they allocate branches too their employees in such a way that the employee can only reach home to eat and sleep yes but staffs with internal link can stay in the same branch for years Recent the bank has seen about 20 plus staff resignation within a span of 2 weeks. The salary scale is below than the average pay scale in banking for the same post The bank has no HR only one HR manager and two other staffs who have no qualifications in HR They hire staffs not informing the KRA correctly and expecting the staff to do everything in a 14k salary. They have a 3 yrs bond if anyone breaks it before that has to pay 1 lakh during the course of time the bank holds all your original documents

Likes

NOTHING

Dislikes

...d i.e (Andaman and Nicobar Island) and the third one is (fakiri) like Yogi baba. Apart from this they don't provide a proper salary even after calling and mailing for about 100 times and also they don't give proper salaries for what we are expecting they give 4 & 5 paise as salaries. those who have given services for more than 10 years are getting peanut like salaries I suggest if you work in other banks or companies with 3 to 4 years experience are providing huge packages as compared to this bank. the worst part of this bank is they will ask to sign a contract of 3 years if you do three years than is ok if not you have to pay a sum of RS 1,00,000/- and if you pay also in return you have to do 3 months of notice I don't know why and the management of this bank is also illiterate and they doesn't know how to run a business. in the past few months literally between June to July I have seen 20+ staff leaving this bank and yet many more staff will be leaving in the coming months. Somewhere in 2017 to 2019 a new (Chapari) CEO has been appointed by this bank which I called him M.R (Bangarwala) Osden Fonseca he is the real culprit of this bank he has done more malpractices in this bank but not only in this bank but also more other activities there are several other people in the management who is supporting him and they considered themselves as highly leaders believe me these low categories so called (bikaries) of the management doesn't have good leadership as they are (Sadakchap) who is mostly seen in the dumping ground of the Bhandup areas. In Bhandup areas theses (Sadakchap) are known as (" NASHIDI GANGS OF KALINPUR"). Why these types of bank exist I don't know but RBI should seek such types of bank and demolish this bank as early as possible. I hope that you have read my review. I am asking you and everyone that please share this review to those who are joining this bank and it humble request don't ever come here there is nothing in this bank before here ending my review I have to say one thing (" GALI GALI MA SHOR HA SATYANASH & SARVANASH BANK CHOR HA")

Likes

Only the friendly environment of staff

Dislikes

No Growth, Few things to learn, Poor Management, Salary below Standards (i.e manager earns below 25k with lot of pressure on his head, And the worst part is 3 Years Bond and penalty of Rs100000/- if you want to break the bond and even after paying bond we have to compulsory serve 3 months notice. And also they don't give salary slip at all because even after completing 3 years I never received salary slip. I request everyone and anyone please stay away from this bank.

Likes

There is not much positives about working in here. Bank has strong financial background as it has been care full on giving out loans.

Dislikes

...treatment as soon u land up in branch you would come to know the real situation. Salary offered by them is was low than market standards. The salary which they provide has not been revised since a decade. Promotions are available to the people who are related to the management level or if you are related to the board members. If you need any assistance you can on 99201-34903