Federal Bank Reviews

3.7

63% would recommend to a friend

(1,108 total reviews)

KVS Manian

57% approve of CEO

74% positive business outlook

Federal Bank has an employee rating of 3.7 out of 5 stars, based on 1,108 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Federal 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

1K reviews
4.0
25 Sept 2024

Best place

Recommend
CEO approval
Business outlook

Pros

friendly environment, best practices, good salary

Cons

targets risk, location, transfers, working conditions

2.0
8 Sept 2018

Worst bank to start as a PO

Recommend
CEO approval
Business outlook

Pros

Salary is the only thing they show you.

Cons

- No learning - Remote place posting/rural posting - Your area of interest will not be even respected - As a PO, if u want to resign, you have to pay nearly 2 lakhs to get back your certificates/marksheets or else have to serve 3 months notice period after which you have to be jobless to search for another job that too in probation. - Some managers treat you like peon. - Even if you don't even know the basic branch operation, you have to sell third party products like life insurance and health since that drives income to the bank. The sales person who are for these insurance products are just for filling up the forms for which we close the sale and pass on to him - Some places you have to go for recovery and sales canvassing door to door after completing all your branch works like after 5/6p.m.

1.0
17 Jul 2023

Worst Place to work

Recommend
CEO approval
Business outlook

Pros

Salary maybe but nothing else

Cons

Federal Bank does not require employees anymore as it is clear from their actions. The awards they get of "great place to work" Are fake... Too much pressure for sales and they don't even have a separate department for sales... We have to handle daily operations (that too with shortage of staff) and along with that sell also... They are telling POs to go outside and roam in the market and threatening with bad transfers if we say no. Mental harassment is at all time high. If you love your mental peace, do not join Federal Bank.

Viewing 1 - 3 of 1,108 Reviews

Glassdoor has 1,150 Federal Bank reviews submitted anonymously by Federal Bank employees. Read employee reviews and ratings on Glassdoor to decide if Federal Bank is right for you.