Syndicate Bank

  www.syndicatebank.in
  www.syndicatebank.in

Syndicate Bank Reviews

Updated December 14, 2014
Updated December 14, 2014
43 Reviews
3.1
43 Reviews
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Recommend to a friend
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Sudhir Kumar Jain
2 Ratings

Employee Reviews

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  1.  

    An achievement oriented Banking Professnl aiming for assignments in Credit/ Recovery Management /Teaching commerce & Law

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Faculty In Law, Financial Management, Banking & Commerce in Hyderābād (India)
    Former Employee - Faculty In Law, Financial Management, Banking & Commerce in Hyderābād (India)

    I worked at Syndicate Bank part-time (more than 5 years)

    Pros

    Retired as Asst General Manager in March, 2014 - Very good customer centric bank envisaging growth by partnering with the customers with a broad vision - Over my 35 years of my career with the said Bank could successfully lead our team and accomplished the targets set with the active involvement of all the team members.

    Cons

    There are bright promotional opportunities for some body who actively involves himself with doing good business. The gaps in knowledge levels are identified while assessing the annual performance and the staff members are nominated for suitable training programs to bridge the gaps. The company (Bank) is really a faithful and friendly financial partner of its customers with lot of empathy and understanding of the customer requirements.

    Advice to ManagementAdvice

    A little more transparency in promotion process, communication of annual performance appraisal to the officers concerned will remove the computer gaps. The training is to be imparted by some one who is well versed in the respective field. Ambiguity is to be relieved in systems and procedures. Periodical rotation of departments should be strictly implemented.

    Recommends
    Positive Outlook
    Approves of CEO
  2.  

    An Educational Insight into the Workings of a Lower Ranked Public Sector Bank

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

    I have been working at Syndicate Bank full-time

    Pros

    Is a public sector bank that must comply with employee protection regulations

    Cons

    Does not follow double scrutiny system
    Officers end up doing the work of and taking up financial risk of two workers
    Long working hours doing repetitive tasks that do not augment skillsets
    Basis for selection process does not match on-ground reality
    Allowances do not match cost of living
    Sanitation at workplaces is poor

    Doesn't Recommend
  3.  

    Slow growth in career

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

    I have been working at Syndicate Bank full-time (more than an year)

    Pros

    Job Security, job security and only job security

    Cons

    Many like:
    1. Very very low salary
    2. Can be transferred any where in India and you cant be sure that you will get good work exposure everywhere.
    3. Seniors mentality is what you can expect from government department.
    4. No activity other than work work and work.
    5. Work here only if you want job security since it is government job.
    6 Very pathetic HR/ promotion policies.

    Advice to ManagementAdvice

    Apart from focusing on customers, please look for Credit people, they are the one who are actually contributing in Bank's earning and please change your mentality.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
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  5.  

    motivational experience during the employment period

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Clerk in Madurai (India)
    Former Employee - Clerk in Madurai (India)

    I worked at Syndicate Bank full-time (more than 10 years)

    Pros

    Exemplary presence and very helpful management,with courteous coworkers, employment at Syndicate Bank is certainly fully enjoyed employment one defenitly does not like to leave in midway till completing his or her full tenure of employmeny period .salary and perks are sure best in the market similar employees.

    Cons

    I do not think That I had any during my whole empoloyment period except unwanted transfers at rthe behest of some unscrupulous union leaders and some irrosponsiblr higher authorities.

    Advice to ManagementAdvice

    Please do the transfers as and when required to the minimum need

    Recommends
    Positive Outlook
  6.  

    loved my job till I got promoted as assistant manager

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

    I worked at Syndicate Bank full-time (more than 10 years)

    Pros

    Job security, good working conditions, wonderful staff, home atmosphere, pension benefits loan facilities , good compensation .
    It is possible to have a wonderful work life balance if you are a clerk, as a junior managerial staff younger generation who are more tech savvy can breeze through the job, opportunities are high in the next few years as many people are retiring...younger generation who would like to work and to enjoy leisure should grab the opportunity...

    Cons

    understaffed, overworked, stressed, and horrible transfer policies...anywhere in rural India, very long working hours, people retiring and vacancies not being filled up fast

    Advice to ManagementAdvice

    please help the junior managerial staff by employing more people to help them... give proper training to older staff who you need for their experience but who lack in technical training to meet the rapid technological changes

    Recommends
    Positive Outlook
  7.  

    Good

    Former Employee - Senior Branch Manager in Chennai (India)
    Former Employee - Senior Branch Manager in Chennai (India)

    I worked at Syndicate Bank full-time (more than 10 years)

    Pros

    Some CMDS appreciated the work

    Cons

    Favoritism and some times unhappy because of this

    Advice to ManagementAdvice

    Hard work should be appreciated and sycophancy to be avoided

  8.  

    DON'T EVEN THINK TO JOIN THE BANK

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

    I worked at Syndicate Bank full-time (more than 5 years)

    Pros

    Good place to learn but they will grill you out.

    Cons

    Senior management,Too much work pressure, No recognition, Dull morale, too much partiality

    Advice to ManagementAdvice

    Treat the young talent well and organized manner.
    Treat your Employees with respect.

    Doesn't Recommend
    Negative Outlook
  9.  

    Experience of working in the bank is good

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

    I have been working at Syndicate Bank full-time (more than 10 years)

    Pros

    Good environment to work in, relaxed atmosphere

    Cons

    accountability issues, they dwell too much on this issue which means that taking a credit decision is fraught with danger

    Advice to ManagementAdvice

    Let the Managers take their decision, its known that at least 2% of the loans granted will be sticky

    Recommends
    Neutral Outlook
  10.  

    Good people to work with

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - CHIEF MANAGER in Mumbai (India)
    Current Employee - CHIEF MANAGER in Mumbai (India)

    I have been working at Syndicate Bank full-time (more than 10 years)

    Pros

    Branches spread across length & breadth of India. Provides very good opportunities for hard working employees. Employees are trained in all fields of Banking.

    Cons

    After training the employees in specialised fields, their potential is not fully utilised for mutual benefit.

    Advice to ManagementAdvice

    There are so many prescribed documents to "Know Your Customer" with whom you just have a financial relation. Please "Know Your Staff" and provide them right placements.

    Positive Outlook
  11.  

    unforgettable experience

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

    I worked at Syndicate Bank full-time (more than 10 years)

    Pros

    Had the opportunity to work at various states.It broadened my outlook and attitude towards life. Was able to learn new languages.

    Cons

    Promotions and postings not based on merit.Decisions are taken with short term focus hurting both organisation and employees in the long run.

    Advice to ManagementAdvice

    Focus on merit,hardwork and honesty not on sycophancy.Ensure transparency in HR matters.Give equal oppurtunity to all without fear or favour.

    Doesn't Recommend
    Neutral Outlook

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