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UCO Bank Salaries in Chennai

based on 20 latest salaries
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BFSI, Investments & Trading
Designation Avg Annual Salary Open Jobs
9 - 12 years exp. · Chennai (5 salaries)
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₹17 L/yr - ₹30 L/yr

2 - 5 years exp. · Chennai (3 salaries)
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₹0.1 L/yr - ₹0.2 L/yr

1 year exp. · Chennai (AmbitionBox Estimate)
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₹2.7 L/yr - ₹3.5 L/yr

2 years exp. · Chennai (AmbitionBox Estimate)
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₹0.2 L/yr - ₹0.2 L/yr

31 years exp. · Chennai (AmbitionBox Estimate)
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₹16.2 L/yr - ₹20.7 L/yr

9 years exp. · Chennai (AmbitionBox Estimate)
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₹9.9 L/yr - ₹12.7 L/yr

5 years exp. · Chennai (AmbitionBox Estimate)
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₹1.8 L/yr - ₹2.3 L/yr

6 years exp. · Chennai (AmbitionBox Estimate)
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₹2.7 L/yr - ₹3.5 L/yr

12 years exp. · Chennai (AmbitionBox Estimate)
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₹4.5 L/yr - ₹5.8 L/yr

9 - 11 years exp. · Chennai (3 salaries)
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₹16 L/yr - ₹20 L/yr

2 - 10 years exp. · Chennai (AmbitionBox Estimate)
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₹8.3 L/yr - ₹9.8 L/yr

Last Updated: 6 Dec, 2024

Salary related reviews for UCO Bank

2.9

Rated by 7 employees for salary & benefits

Filed executive Department

5.0
  •  posted on 22 Apr 2022

5.0
 for  Salary and Benefits

Likes

...ronment and culture teammates are supportive and the management is transparent .there is a huge cafeteria policies are good appraisals are fair and they give good salary hike and bonus every year

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Dislikes

There is a lot of politics and the management doesn't t address our issues salary is decent but career growth is slow there is bond of 2 years before which you cannot resign on the job training is not given to new joinees

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Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 19 Jul 2022

1.0
 for  Salary and Benefits

Likes

It is a small bank and hence it's easy to get noticed. Good work is appreciated

Dislikes

Whether you work efficiently or don't, you get the same salary and same opportunities. Good performers don't get extra rewards, hence no motivation. Also it is very easy to bend rules.

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Full Time

 · 

BFSI, Investments & Trading Department

2.0
  •  posted on 29 May 2021

2.0
 for  Salary and Benefits

Likes

The Job is secure, however the work culture is quite awful since the most of the work and target is dumped on the employee who shows initiative. The HR policies are improving but but are still not employee friendly. The employees didn't receive a single penny during the COVID pandemic even though we worked during the entire lock down period.

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Dislikes

...umped on the Branch Head or on anyone the organisation acknowledges as talented. Employees who aren't willing to work are posted accordingly in less sensitive areas but they draw the same salary. Staff shortage is again a big issue. We have no work life balance and even called to office on holidays to attend office.

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Full Time

 · 

Data Science & Analytics Department

3.0
  •  posted on 01 Dec 2024

3.0
 for  Salary and Benefits

Likes

work : There is a lot of things to learn in every department.

Dislikes

...rking days on holidays and closing and working late nights are not even counted. And there is no extra pay for that. Recovery = When it comes to loan recovery, they will be aggressive during closing only, and the current manager is held responsible, who just joined the branch a week ago, but the previous manager, who did his tenure for 2-3 years, is not responsible. Loan documentation = Some of the senior credit managers in zo, even more senior than that, don't even know what it takes to complete a loan document while sanctioning, but while visiting your branch, they will ask for loan figures and recovery figures, and all they do is badmouth. Transfers = There is a policy, but nobody follows the policy for transfers. Senior officials will give you transfers as per their thought process. Some people are not that skilled to sit in a department, but they get good postings, and some of the talented officers get rural postings for what good? Security = There is no security guard in most of the rural, semi-urban, and urban branches. There are security guards only in ZO and HO. We are working with money, why are we not giving protection. I am not disclosing the location due to security issues and privacy concerns, but this is happening with everyone. ``There is no prestige in working in a government bank as of now. I joined the bank with a lot of pride and respect, but all these years in the bank, and the public's disrespect towards a banker is very demean. We are doing our work as a respectable officer, but anyone can say anything to us, but we cannot say anything to customers.

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BFSI, Investments & Trading Department

4.0
  •  posted on 29 Jun 2022

3.0
 for  Salary and Benefits

Likes

Uco Bank is a great place to work and the bank management is also good. Work-life balance is also good. Promotional policy is also great.

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Dislikes

...arious camps are organised in holidays. It destroys the morale of the employees. Salary and perks are not upto mark being a Govt Bank.

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UCO Bank Salary FAQs

How much does UCO Bank pay per year?
The average UCO Bank salary ranges from approximately ₹1.2 Lakh to ₹2 Lakhs per year for a Aadhaar Enrolment Operator and ₹13.6 Lakhs to ₹33 Lakhs per year for a Chief Manager. Salary estimates are based on 20 UCO Bank salaries received from various employees of UCO Bank. UCO Bank employees rate the overall salary and benefits package 2.9/5 stars.
What is the highest salary in UCO Bank?
The highest-paying job at UCO Bank is a Chief Manager with a salary of ₹13.6 Lakhs to ₹33 Lakhs per year. The top 10% of employees earn more than ₹23.36 lakhs per year. The top 1% earn more than a whopping ₹36.20 lakhs per year.
What is the minimum salary in UCO Bank?
Minimum salary at UCO Bank depends on the role you are applying for. For Probationary Officer the minimum salary is ₹4 Lakhs to ₹8 Lakhs per year, and for Assistant Manager the minimum salary is ₹5.9 Lakhs to ₹12.6 Lakhs per year and so on.
What is the notice period at UCO Bank in Chennai?
According to AmbitionBox, 56% of the UCO Bank employees in Chennai reported a notice period of 3 Months, 22% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 9 responses on AmbitionBox in last 2 years.

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UCO Bank Chennai Salaries by Department

Average annual salary in UCO Bank , Chennai is INRunlock blur . Salary estimates are based on 20 UCO Bank latest salaries received from various employees of UCO Bank.

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