HDFC Bank

  • 4.0 based on 10.8K Reviews
  • 4.0
  • Mumbai
  • 26 Years Old
  • 10000++ Employees

Overall Rating

4.0

All Reviews

10808

Positive Reviews

93%

Anonymous - Assistant Manager Operations

Former Employee

4.0

I worked as a teller in retail branch banking. My job role is service to customers. Accepting cash deposits, withdrawals, rtgs, neft, clearing cheques, salary upload, fundtransfers, forex transactions etc..

Pros
Teammates are good. Training and learning is outstanding. Obviously as Hdfc bank is first in brand there is job security. As I was in retail branch banking salary is good for your operations work but appraisal depends on your accomplishment of sales target. But doing both operations and sales is difficult as I was in teller counter. So i will tell overall Hdfc bank is my favorite bank but i will suggest retail branch banking is worst in any private banks. If you are a sales oriented person then it's suits you.
Cons
Compensation is decent but growth is slow. As I m in operations level as teller they will not take the work we are doing in consideration for growth and appraisals they simply check the sales target. Bonus also depends on that. This is not fair. They only give basic training. There is no on job training for freshers. There is hundreds of products who will learn us. In a year there was training and exams only to improve skills and to know about third party products.

Anonymous - Assistant Branch Manager

Current Employee

4.0

Pros
Hi everyone, HDFC is big brand , if u need brand u can go for it because this company is a very reputed company and service given by us (employees) is fantastic. salary is also fine , work environment is also ok, if you are enough crazy to do a job on time and know the way how to do it you are good to go for hdfc. if u'll work and show ur selling skill you will get promotion and incentive for sure but ur performance should be constant or keep on growing.
Cons
if u are looking for a stable career then this not for you as this company won't give u ur work life balance for sure, u won't get holidays and even on holidays u will called . people around you will be ur competitor so u won't get a friend in this company. u won't learn any thing new. ur life will become constant and monotonous . we have no lunch breaks. continuous work. no cafeteria . work pressure is high . if i am saying high it means too much that people normally resigns within a year.

Anonymous - Deputy Manager

Former Employee

4.0

Work is quite hectic. Good thing is that you get to meet people from various fields and learn a lot. You perform or you perish.Only old guys remain..New guys who join are gone within couple of months. People are brain fed that it is the best place to work

Pros
Cons
Working at HDFC Bank (at least as an RM) is fast paced. You are in a high stress environment all the time. It is like that everywhere, right? ..but here it is the worse, I must say. You gotta forget about work-life balance. You will be called on holidays and made to do thousands of calls or other extra work which you weren't capable of completing in the daily 12 hour schedule. You will think.. Did you do an MBA to do calls to ask for personal loan and auto loan? May be you are little bit polished in the way you speak, but why hire an MBA to do a simple calling exercise to people unknown(It clearly isn't mentioned in JD that you gotta take "care" of customers other than those assigned to you). The company doesn't spend anything on its employees whether it is any festival or for any other leisure activities outside work. If you are a performer and in the top 3 or 5 you then have a chance to goto a resort or something (again no money is spent by the bank except for those stupid shields and certificates, these are usually sponsored by mutual fund companies..AMCs) or if you sell loads of insurance you get to go for "training" in a foreign country (again bank doesn't pay anything, it comes from the pockets of insurance companies, which charge heavily from customers buying their insurance policies..Ex: If you are paying a one lakh premium about 85k-90k is actually invested and rest goes to some maintenance fees and to sponsor such outings). Many seniors are ones who came from the bottom level and they are not aware of what is corporate culture as such. You have senior VPs talking BS English. (Mind you..I am not belittling their experience or their expertise in banking) You can't even bear the embarrassment when you take these guys on joint calls to meet some CXOs/other seniors to assist with a closure of some business deal. They talk some nonsensical English and have the worst kind of humor. HR is the worst and don't have any powers.

Anonymous - Sales Officer

Current Employee

4.0

Generally speaking, my work is slightly challenging as I have to look after the entire product marketing and distribution life cycle as well as manage day-to-day yield operations. Pitching for my company as a marketer gets tiring and the task is slightly

Pros
The company is open to innovation and readily adopts latest technology. I love the fact that I am a part of a team that markets reliable, high-quality products and has a global client base. As a result, I get to travel abroad, especially to the US and Canada. But on-site travel is completely dependent on your project and client’s location. Mine is a US based client and they have some offices in Toronto, hence I got a B1 visa quickly. Another plus point is that my colleagues come from various cultural backgrounds, and we work happily in collaboration. I also like the employee re-hire policy here
Cons
Compensation is decent, but growth is slow. The work pressure is very high. Sometimes, I have to work 14-18 hours straight in a day as I have to attend client calls in the evening and sometimes late into the night. Managers do not value an individuals’ unique strengths, which is why I have to take back my suggestions most of the times. I do receive appreciation emails from my client, but they mostly go unnoticed during my mid-year appraisals. Also, there is no on-job training for freshers, hence senior folks like me have to guide them step-by-step, which is a pain sometimes.

Anonymous - Credit Risk Analyst

Current Employee

4.0

Pros
I have worked for 2 years at HDFC Bank, and there was only one thing that I liked about the company, which was its infrastructure. They have invested a huge amount to build their world-class head office in Delhi
Cons
1) No growth 2) No promotion 3) No learning 4) Only politics 5) You have to do buttering to your managers all the time 6) No work life balance - You will be called to office any time , anyday 7) No holidays, No sundays - you have to work on all the public holidays and sundays either for full day or a half-day. It is also very difficult to get comp-offs for holiday working. 8) No employee benefits- company doesn't spend a penny for welfare of their employees. No gifts, no parties on any Indian Festivals. Rather you will be be asked to spend money in order to celebrate any occassion. 9) Employees use very abusive languages in order to get their work done. There is no professionalism amongst the people. 80% of the staff cant even write a proper official mail in english. I dont know how do they interract with big HNI clients.

Anonymous - Assistant Manager

Current Employee

4.0

Worst experience, work environment is not good, no facilities provided, nothing for employees.

Pros
I learned a lot about banking because they give me lots of work every day, they will never allow you to have some free time. Safe for girls.
Cons
Everything, HDFC bank is a big brand so they never give value to their employees because they are replaceable, work environment is worst, targets are unrealistic. I am a non sales staff, I’m in operation profile but my monthly target was 10 - 13 Saving account, 2.5 Lakhs life insurance, 4 -6 cases of personal loan, business loan, Auto loan,two wheeler loan, credit cards, 8 SIP, mutual fund....etc (it doesn’t matter your branch is small, branch doesn’t have people walk-in), as well as you have to do daily operational work without any fault, if any mistakes happen they will issue memo, work timing is 9:00 am to 7:00 pm(it can be more if you have lazy colleagues). Each and every day minimum 4 times your senior will humiliate you if you don’t achieved your targets in all parameters from the 1st day of the month.Their HR are useless, if you work 1000 times more than your salary then this so called branded bank will appreciate your work and give you 15 - 20% appraisal. It seems very sophisticated kind of work but the reality is bankers life is worst.

Anonymous - Personal Banker Welcome Desk

Former Employee

4.0

Worked as a PB-WD with HDFC BANK

Pros
Although HDFC bank is a big brand name but The worst place to work with. The bank is not employee friendly, they pressurise their employees, long working hours, less salary, no additional pay if working hours are extended, plus if a person is eligible for annual leaves once in a year, they just throw you whenever they want to to take leaves but when the leaves are required they never provide, by saying that there is a shortage of staff, i dont understand what is the HR doing, if someone has resigned and there is an urgent requirement in any branch, why dont they provide staff? Also, if there is shortage of staff and some other employee wants leave due to some urgency, then its the responsibility of the Branch manager and the HR or may be the cluster head to seek people on deputation. What to do with such a big brand name when the bank is not employee friendly, at last bank is reaching heights because of the staff only. Also the attrition rate is high due to all these factors. They think that the employees are dogs and they donot have a family to serve. I hope Mr. Aditya Puri ji will see to this and take some necessary actions for the same. And ask their HR and the senior management to follow the HR policies and treat the staff as human beings and not like machines.
Cons
No work life balance

Anonymous - Relationship Manager

Current Employee

4.0

Work tends to be hectic, exhausting but learning is immense. They are very supportive in terms of providing trainings if and when needed.

Pros
This is one of the best place to work with if you looking for some financial stability and growth in your banking career over a short span of time. The kind of money in this channel and the incentives being offered is beyond comparison with any other bank. The growth opportunities are also immense. The brand value off course is something we can't forget to mention. The learning environment is too good for any fresher or even an experienced for that matter. Superiors and colleagues are supportive to a great extent ( even with the internal competition).
Cons
Every coin has two sides and same stands for life @ HDFC . These monetary benefits, incentives comes at a cost. Work life balance is poor. Work updates through WhatsApp is kind of irritating and affects your peace of mind. Holidays and leaves are a problem. Pressure is immense and emotionally draining at times.

Anonymous - Deputy Manager Unit Head Wholesale Banking Operation

Former Employee

4.0

As compare to experience I was given the work of clearing and was supportive of unit head, but was handling whole dept which comprises 3000+ chqs everyday averagely.

Pros
HDFC bank is the worst bank I have worked with. No skill development as they are using outdated softwares, there is no work-life balance, heavy work load which result in daily late working hours. company culture is also not so good. Pressure and harassment is the common thing across all department in the bank. As and when there are the pressure of performance is being given by the seniors if not warning is being given for MEMO or termination. Chance of Career growth here is very less as compared to other bank. Zero work satisfactions as technology or process which is being used are very very poor and outdated. speed of the computers are very slow, which cause mental pressure and less efficiency of the staff. Overall very poor place or bank to work with.
Cons
All the things are mentioned above

Anonymous - Deputy Manager

Former Employee

4.0

Pros
Bank actually works for its customers and provide awesome online facilities that ease a lot of work for clients and staff .
Cons
it is a worst place from employees prospective ... if u have any medical emergency at home .. they would actually state that job is more pivotal ... my grandfather had to go thru a surgery and i asked for half day leave from my boss to which he replied tht i am making excuses to take leave and made a personal comment besides his statement as always tht i have attitude issues ... my grandfather passed away after few days and i was nt thr for him as bank has to fulfil its targets .. besides this there is lot of politics . Bank also assigns sales target even to operational staff and non accomplishment of the same may lead to end of ur job . No fixed working hours they just say it tht they care of employees especially women bt never mean it... many of my collegues have left tht branch really late in the night And one biggest question from bank itself — the personnel sitting at PBA , BM or further higher level dont even know how to converse in English .. how can u even employee such people ... what about dealings with NRI clients ? Why do they have to consult their subordinates everytime before sending the email . Infact , most of the time they have to write for them . How such people reach at higher positions ... can anyone tell me ? worst place to work .