IDBI Bank Senior Software Engineer salaries in India with 2 - 4 years exp.

Likes

...elf is a terrible job not only this bank for that matter every bank I could say. The only positive thing I like in this bank is giving a good amount of salary, that's it nothing more.

Dislikes

I literally hate selling the LIC policies here especially in this IDBI Bank.For every month each staff has to sell minimum 2 LIC policies and general insurance policies, if not sometimes the regional office will not leave you to go to home and even the employees have no other option left and they themselves take the LIC policies and general insurance policies for them and for their family to avoid this pressure. I don't even understand are we bankers or selling agents, seriously this was the only reason I have resigned my job along with some other reasons pertaining to work culture as well. But mostly I highly recommend not to join this particular bank or any bank for that matter. The pressure will be immensely high to do LIC policies, General insurances and other government schemes as well. I hope this is very much helpful for others who are going to join or about to join .Please make sure you read this before joining in this bank or any bank. "Think before you Join".

Likes

Young demography. Salary and perks.

Dislikes

You need to beg to avail your casual leave for one day. Frequent change of transfer policy. And very low probability of promotion. Transfer across the country against the request of the employee putting the personal life of employee and their family members in deep trouble. Irrational targets and pressure for third party products leaving no time to work for the core banking business. You have to forget life and do only work.

Likes

They follows IBA salary structure.So every staff gets a good salary.promotions facility are good for executive..after 3 years they promoted to Assistant manager and get a good salary.Bank cultures are good as compared to other private banks like HDFC ,ICICI etc. Leave policy and other facilities are very good for officers .

Dislikes

Beside salary nothing is good in this company. 1. Without proper training they send new joiners into branch and tell to do their job . 2.Most of the staffs' work locations are very far way from home locations. It's very problem for your family. 3. Higher managements are very casual and slow for their work. 4 . You could not get proper guidance from higher authority at the beginning of your job. Learning is very hard for this bank

Likes

Salary and perks are very competitive. System is better than many PSU, though there is unnecessary and daily MIS nuisance which actually does not have base.

Dislikes

If u perform well, u will be rewarded with more work, not salary. Many will prove that they are worthless and their work will be passed on to those who work hard. Even if u complete ur work on time, u can't leave office on time. U need to stay till 9 PM. U can't expect a healthy family life in this bank. Excessive work pressure, worst promotion policy. Very high attrition of new employees resulting in acute shortage of staffs in business vertical. Decision making is super slow, unnecessarily prepares notes with focus on grammar and English. Its basically a transgender bank where whenever u need any benefit of psu bank, u will be told that's it's a pvt Bank, but the transfer policy and other regulatory guidelines are followed like psu banks.

Likes

only good salary

Dislikes

poor work conditions too much targets uneducated and cruel HR sitting on top and doing nothing about employees. LIC is father of this bank u can survive only by doing LIC. NEVER JOIN IDBI