Indian Bank Reviews

3.3

39% would recommend to a friend

(367 total reviews)
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Padmaja Chunduru

77% approve of CEO

67% positive business outlook

Indian Bank has an employee rating of 3.3 out of 5 stars, based on 367 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Indian Bank employee rating is in line with the average (within 1 standard deviation) for employers within the Finance industry (3.7 stars).

Reviews by job title

367 reviews
1.0
29 Oct 2017

Leechad bhangi bank

Anonymous employee
Recommend
CEO approval
Business outlook

Pros

nothing positive about this bank

Cons

there are numerous reasons: no perks to employees, insufficient pay, less facilities, very low rental ceiling amount. other bank like idbi and corporation bank give 90 ltrs petrol as claim while this bangi nanga bank gives only 35 ltrs to managers. heights of being so low and cheap. typical south indian mentality, highly cheap and stringent

2.0
20 Mar 2016
Recommend
CEO approval
Business outlook

Pros

Decent Salary for living in urban and below centres Friendly and helpful colleagues Other allowances and few other benefits

Cons

Generation gap between higher level and new/lateral entrants Late sitting in branches up to 8:30 ~9:00 has become custom more than a need Cannot leave for the day (even at 7pm) without taking permission of branch head Specialist officer (credit) - most of the efforts will be to set right mistakes/deficiencies done in the past, so one cannot try anything new Officers are treated badly and unions are there for name sake. 2nd and 4th Saturdays are holidays in paper only. Branch managers forcefully calls all officers to be on holidays too. Even on Sundays too. No compensatory off also will be given. Are bank officers bonded slaves? Systems and softwares what they use are not effective and not in par with their competitors. Particular in credit area. Lot of manual work is involved which can be systemized. No efforts are seen to improve this area. Zonal office is only commanding office and will command branch to do what they say. Do this campaign, daily release two loans, do marketing etc., Man power shortage Next is most dissatisfied area, that is posting. Postings are only favourable to a few who knows someone in the Union, for others it is just injustice. In application form, they get the details of language that you know to read, write. What is the purpose of getting this I do not know. You will be posted in a far away place which you would have never imagined. Next, now they are taking bond from the candidates for Rs 1 lakh. Is this really a PSB? Because of these reasons most of the specialist officers (MBA/CA) say good bye to the organization early and few even ran away within few days. I too sail on the same boat and in the verge of saying good bye. HR is good at talent acquisition and pathetic at talent retention. Only clerks have a decent life at bank in all aspects.

1.0
12 July 2020
Recommend
CEO approval
Business outlook

Pros

Gets Government Funding each year (like every Nationalised bank) which is essential because the Bank has to work towards uplifting of the poor so legitimately cannot survive with Private Banks in competition.

Cons

Many. Useless Management boasts fake dreams about big achievements with severe scarcity of staff and inappropriate culture while everyone knows the system is broken. An Officer in Bank means there are no defined duties and is responsible for keeping the branch functional. So at times an officer is a service agent to help fill forms, a clerk, cashier, reviewer, manager, insurance agent, wealth manager, credit analyst, recovery officer, feed Atm, at times works during election duties.. Help people download Apps so that they can utilize digital banking functions. There is no actual upward communication. Only the sly grow in the system. If you try to communicate, change or report you will definitely be transferred to a village or be given a difficult branch which will make your life miserable without any returns. Allahabad Bank had no designated/trained HR professionals who would look after your leaves, postings according to skills etc. HR Admin Dept is a nightmare. You even have to make an application with a table stating how your annual increment is due every year with your payslip otherwise the organization will not apply it. So the salary increment is called Bipartite Settlement due every 5 years, which is another joke. Due since Nov, '17. And increment will only increase in hand salary by 10%max if it gets done by 2022. Union is also a joke.. They only take monthly subscription of Rs 200 and some percentage of the arears after the settlement too.. Since everyone without serious contacts is suffering in organization, (base level), all union does is maintain their comfortable seats. Good Part is most of customer base is illiterate, because the educated will make bank employees their slave. Read about it elsewhere. People like me tend to join Nationalized Banks because of hundreds of fake videos and posts in circulation which tell you all kinds of lies about profile and salary. Most likely posted by coaching Institutes.Everyday hosts of employees are leaving nationised banks due to worst working conditions. Don't fall into the trap.

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Glassdoor has 386 Indian Bank reviews submitted anonymously by Indian Bank employees. Read employee reviews and ratings on Glassdoor to decide if Indian Bank is right for you.