Lakshmi Vilas Bank

3.7
lvbank.com
92 Years Old
Chennai, India
Financial Services
1001-5000
Public

Reviews' Summary from 93 reviews

3.7 / 5

Work-Life balance

3.4

Skill development

3.4

Job Security

3.4

Salary & Benefits

3.3

Work Satisfaction

3.3

Company culture

3.2

Career growth

3.1

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Working Days

Office Travel

Work Timings

Strict

Flexible

Lakshmi Vilas Bank Reviews

1 - 10 of 93 ReviewsSort By: Popularity  |  Latest

Excellent
Average
Good
Good
Excellent
Good
Average

Likes

There was a good work environment, colleges were friendly branches where I worked. I got the knowledge of banking, credit analysis, monitoring etc. It is a good bank freshers to learn important policies of RBI.

Dislikes

Though it is a good place to work, as a branch head it is very difficult to get the accounts because to lack of technology compared to new generation banks. The sales culture at the lower level is very poor. They are taught only to pass the cheque. If branch manager gives additional work to clerical cadre, manager will get the call from union heads questioning their duty. Many times i felt whether clerical are working for bank of for union.however this is the culture which exists since 90 years. The attitude of the clerical cadre to be changed and bring the sales culture in them which is difficult because of the presence of the union.

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Working Days

Alternate Saturday Off

Job Travel

I have to travel within city

Work Timings

9:30 AM to 7:30 PM (strict)

Facilities

Soft skill training

International relocation

Health insurance

Job training

Show Less

104 views

104 views


Good
Good
Good
Good
Good
Average
Average

Likes

It is an old school scenario, for good reasons. If you have it in you, you can learn every aspects of banking. The scope and opportunities arise more than other peer banks for employees as there are fewer people and lots of genres. Job is multitasking ranging from tiring data entries to thoughtfully performed credit appraisal and monitoring along with all reconciliation, business targets customer service and many more areas to work on. You can taste many areas of banking as it being a generalised post and less vertical ides culture.

Dislikes

Little late on technological front. They have it all as far as digital products matter. However, there is lot more scope to improve.

Work

Nice and satisfying

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Working Days

Alternate Saturday off

Work Timings

10:00 AM to 5:30 AM (strict)

Facilities

Job training

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8 views

8 views


Poor
Terrible
Average
Terrible
Good
Terrible
Terrible

Likes

Nothing

Dislikes

Everything. Poor management, no compensations or benefits offered to employees, very poor work culture. Forcing the employees to sell accounts , insurance policies and get loans.

Work

I worked with them for one and half year. The bank doesn't focus on learning. Their only focus is on getting accounts and insurance policies from the customers. They make you slog in the bank for 10 -12 hours everyday without much learning.

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Working Days

Alternate Saturday off

Job Travel

I have to travel within city

Facilities

Health insurance

Show Less

14 views

14 views


Excellent
Excellent
Good
Good
Excellent
Excellent
Good

Likes

It is a good organisation There you will get more security towards your job, teammates are very understandble but IBA CTC there is lot of difference handling the employee's even Sub staff also can't listen CTC manager words please be on total CTC employees or else IBA...

Dislikes

IBA CTC two employees group not fair Convert all In to any of one group then Subordinates will listen Superior orders

Work

Exiting

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Working Days

Alternate Saturday Off

Job Travel

I have to travel within city

Facilities

Free transport

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36 views

36 views


Terrible
Terrible
Terrible
Terrible
Terrible
Terrible
Terrible

Likes

There is nothing to like. Worst work pressure, sales pressure. lesser manpower. Work as slaves. No career growth. No yearly increment.

Dislikes

Everything is worse. It is an old bank with least capability and trying to beat the top banks. Poor Top management. Lower level staff have to justify their salary by bringing more and more business.

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Working Days

Alternate Saturday Off

Job Travel

I have to travel within city

Work Timings

9:30 AM to 8:00 PM (strict)

Facilities

Health insurance

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48 views

48 views


Terrible
Good
Poor
Poor
Poor
Poor
Poor

Likes

Work life balance

Dislikes

Work life balance

Work

Generally Speaking my work is slightly challenging as I have to look after 5 to 6 branches HNI Client base on service and relationship as well as monthly
a/c's acquisition and cross sell targets. Pitching for my company as a marketer is big task the te

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Working Days

Alternate Saturday off

Job Travel

I have to travel within city

Work Timings

10:00 AM to 7:00 PM (strict)

Facilities

Health insurance

Show Less

25 views

25 views


Average
Average
Average
Good
Good
Good
Good

Likes

The lakshmi vilas bank is old generation private bank it gives you better growth and opportunity and once you get it the opportunity you will learn a lot and it's good platform to enhance your skill

Dislikes

The only thing bothered to the employees is that only it is transferable job.

Work

Exciting

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Working Days

Alternate Saturday off

Job Travel

I have to travel within country

Work Timings

9:00 AM to 6:00 PM (strict)

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15 views

15 views


Poor
Poor
Average
Terrible
Average
Poor
Terrible

Likes

Poor management, more involvement by directors in day to day management, groupism, low quality staff, poor knowledge,no focus and no commitment among the staff towards the Bank, no learning opportunities

Dislikes

No good teammates except a few

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Working Days

All 7 days

Job Travel

I have to travel within country

Work Timings

9:30 AM to 9:30 PM (strict)

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31 views

31 views


Good
Good
Average
Average
Poor
Average
Good

Likes

It's good, and you should end contractual staff, you select on company pay roll it's give employee confidence and job security.

Dislikes

End unprofessional things and contractual employee.

Work

Good bank and open more branches

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Working Days

Alternate Saturday Off

Job Travel

I have to travel within city, within country, international travel.

Facilities

Cafeteria

Team outings

Education assistance

Soft skill training

+1 More

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34 views

34 views


Terrible
Terrible
Poor
Terrible
Terrible
Terrible
Terrible

Likes

Salary only pisitive

Dislikes

Worst human behaviour culture
More internal politics
Lazy people's they don't take effort and don't allow other people's to take effort
No systematic work
No career GROWTH
Not a good place to work for the educated people.

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Work Timings

10:00 AM to 8:00 PM (strict)

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47 views

47 views


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