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
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.

1.0
18 Aug 2017

Please stay away from this

Anonymous employee
Recommend
CEO approval
Business outlook

Pros

There is nothing good to talk about this bank

Cons

OK, where will I start!!, here I go. 1)You claim that you give the best salary in the industry, but you don't.Any way, you are making the employees toe the line for the salary you are paying. 2)Don't expect that your day ends at 5:30 or 6, They will make u sit, up to god knows what.(clerks too) 3)Seniors treat the newcomers like fools and they think like and act like the whole branch is running because of them.Domination is at it's peaks. 4)To be Frank you don't even own 1%market share in India,and there is a good reason why you don't hold it. 5)Instead of improving the present customer base,you are trying to loot and rob the existing customers by pitching your greedy third party products-mainly credit cards,insurance.,which I think will do no good. 6)You can imagine about the pressure that is being laid on employees for selling these fake ,unworthy third party products,Literally, they will ask the number of credit cards sourced daily,Believe me, this is coming from a person who is going through this hell daily. 7)scale 2 and scale3 officers don't have to treat their subordinates like the way,they are being treated by their superiors,You don't have to satisfy your ego by showing your frustration on the rest of the people.Please mind that we aren't paid like you. 8)please don't cOmpare yourselves with the PSBS that the working culture is same.IT is like comparing road side magician with David Copperfield.

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.