HDFC Bank

  www.hdfcbank.com
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HDFC Bank Reviews

Updated August 18, 2014
Updated August 18, 2014
453 Reviews

3.1
453 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
HDFC Bank Managing Director Aditya Puri
Aditya Puri
296 Ratings

Review Highlights

Pros
  • brand name, it adheres strick policies and guidlines and maintains transparency (in 35 reviews)

  • Good Company to work for as this is having good brand name in the market (in 17 reviews)


Cons
  • work life balance is a challenge if one happens to be in far off locations (in 28 reviews)

  • No Work life balance in totality (in 15 reviews)

More Highlights

Employee Reviews

Sort: Popular Rating Date
  1.  

    Great place to be

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    Pros

    hard work definitely gets appreciated.

    Cons

    nothing i can think of

  2.  

    healthy environment

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Branch Operations Manager  in  Jaipur, Rajasthan (India)
    Former Employee - Branch Operations Manager in Jaipur, Rajasthan (India)

    Pros

    a brand name in the private banking segment

    Cons

    no easy promotions,internal recruitment,no training ,no on roll jobs

    Advice to ManagementAdvice

    to look for new blood in orgnisationa

    Recommends
    Neutral Outlook
    No opinion of CEO
  3.  

    Collections Environment

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Collections  in  New Delhi (India)
    Current Employee - Collections in New Delhi (India)

    Pros

    No reason to work at HDFC Bank

    Cons

    Healthy working environment missing at HDFC.

    Advice to ManagementAdvice

    Do Skip level at regular basis.

    Doesn't Recommend
    No opinion of CEO
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  5.  

    Very Interesting Workplace with a lot to learn

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Sales Manager  in  New Delhi (India)
    Former Employee - Sales Manager in New Delhi (India)

    Pros

    Unlimited options and available opportunities to switch within the bank to experience different products

    Cons

    Too Large an organisation. Sometimes one can get stuck with slower growth

    Advice to ManagementAdvice

    n/a

    Recommends
    Positive Outlook
    Approves of CEO
  6.  

    A gamut of opportunities for the ones with a lot of patience

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Assistant Manager  in  Bangalore (India)
    Current Employee - Assistant Manager in Bangalore (India)

    Pros

    HDFC Bank is a huge organization with branches spread all over the nation. The work culture, experience and learning varies from branch to branch, role to role and boss to boss. So, the experiences are varying. One of the biggest advantage is that you can learn all that you want to know about banking products. There are training sessions every now and then. If not, you get the literature by mail and you could read to learn. The bank does value employees who perform.

    Cons

    There is an increased focus on sales, common to all the banks these days. The compensation is not something one can really talk about. Its just there, just enough to live a decent life. Leave policy is again very much dependent on the branch. It depends on the work volume and who will back up for it.

    Advice to ManagementAdvice

    May be, you can consider compensating employees in accordance to the work they do.

    Recommends
    Positive Outlook
    Approves of CEO
  7.  

    Not a good company

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Customer Service Department  in  Bangalore (India)
    Former Employee - Customer Service Department in Bangalore (India)

    Pros

    No pros with this group. No benefits to the customers.

    Cons

    HDFC is ridiculous. I am trapped with these blood suckers. Got loan on very attractive rate at 10.25%, but slowly and gradually they increased the rate of interest to 12% without intimation. After 3 year when I visited their branch and enquired about it. They said I have to pay Rs25,000 to reset my base rate. Which I paid and my based rate and my ROI came back to 10.50%. After 6 months they again started the same trick, gradually and slowly increased the rate of interest by incrementing it by 0.25% every quarter. Again currently I am paying ROI of 11.75%, whereas I am still able to see on various websites they are claiming to give loan on 10.15% to new customers.

    Advice to ManagementAdvice

    Improve your operational efficiency and reduce some greed.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  8. 1 person found this helpful  

    HDFC Bank is the best as a brand name for job seekers

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Deputy Manager  in  New Delhi (India)
    Current Employee - Deputy Manager in New Delhi (India)

    Pros

    Good exposure, working hours are now limited, good learning experience, very good in processes.

    Cons

    Hard pressure & stress is given to employees by the senior management, uses abusive language, HR has no role, most of the staff working in branches are not satisfied and there is no standard level for salaries for the employees.

    Doesn't Recommend
    Positive Outlook
  9.  

    Good Brand

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Personal Banker  in  Delhi (India)
    Current Employee - Personal Banker in Delhi (India)

    Pros

    Brand Image is very good in market

    Cons

    Too much sales pressure on branch employees other than the sales team

    Advice to ManagementAdvice

    Let people learn before asking them for targets

    Doesn't Recommend
  10.  

    Very Bad

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Personal Banker  in  Calcutta (India)
    Current Employee - Personal Banker in Calcutta (India)

    Pros

    Learning experience is good.
    Organisation is process oriented.

    Cons

    Sales pressure, especially Life Insurance sale is enormous. People sell insurance here in the name of fixed deposit and 80C tax saving fixed deposit. Signature forging is rampant, Employees are always threatened for PIP, odd transfers or which may extend to the level of getting fired if someone is not able to sell life insurance(referred "as fall on the line or fall from the line"). Issuance of HR memos are very common for slightest of mistakes. Management at times are abusive. Operations staff are looked down upon. They are referred to as BAU (Business As Usual) employees and are always threatened for downgrading their ratings for not doing sale. Internal Job Watch is there for name's sake even though advertised ceremoniously as if someone is applying for it, he/she is treated with utmost humiliation. Working hours are officially recorded in tandem with the existing Labor Laws, however, the employees are forced to sit late till the sales objectives are getting met. Salary is very much biased for the same grade of employees and for the same type of profile. Sycophancy and politics is rule of the day. Management technique is archaic " Carrot and Stick approach" and perception driven.

    Advice to ManagementAdvice

    none

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  11.  

    very bad culture esp in branches

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    Pros

    they offer decent packages but again culture in branches is really bad.

    Cons

    very bad culture. they are frauds as employees here do fake signatures of customers to get insurance and stuff

    Doesn't Recommend
    Positive Outlook
    No opinion of CEO

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