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IDBI Federal Life Insurance

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IDBI Federal Life Insurance

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IDBI Federal Life Insurance Reviews

Updated Jan 30, 2022

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Found 133 of over 251 reviews
3.0
43% Recommend to a Friend
IDBI Federal Life Insurance CEO Vighnesh Shahane
76% Approve of CEO

Found 133 of over 251 reviews

3.0
43%
Recommend to a Friend
76%
Approve of CEO
IDBI Federal Life Insurance CEO Vighnesh Shahane
Vighnesh Shahane
47 Ratings

Top Review Highlights by Sentiment

Pros
Cons
Pros & Cons are excerpts from user reviews. They are not authored by Glassdoor.
  1. 1.0
    Current Employee

    Fraud Company....!!!

    Jun 10, 2013 -  
    Recommend
    CEO Approval
    Business Outlook

    Pros

    Nothing good. I have had a policy with them for three years and they ripped me off. Now they are talking about 50-60% deduction if we withdraw the policy before five years.

    Cons

    Absolute disguised policies. They don't keep what they promise.

    Continue reading
    10 people found this review helpful
  2. 3.0
    Current Employee

    Managing 8 apple service center technically

    Jan 30, 2022 - Regional Head 
    Recommend
    CEO Approval
    Business Outlook

    Pros

    Managing 8 apple service center technically

    Cons

    good products and with good service

    Be the first to find this review helpful
  3. 4.0
    Current Employee

    Ok place to work

    Dec 6, 2021 - Junior Manager in Mumbai
    Recommend
    CEO Approval
    Business Outlook

    Pros

    Flexible working is given to employees

    Cons

    Bad Work Life balance since sometime

    Be the first to find this review helpful
  4. 5.0
    Current Employee

    IDBI federal life insurance

    Oct 18, 2021 - Team Leader in Erode
    Recommend
    CEO Approval
    Business Outlook

    Pros

    Benefits Flexible Work Timing Performance Based Promotion Medical Claim to Employee & Their Family Foreign Trips as per Achievement

    Cons

    Fixed basic salary Productive bonus Advisor activation allowance New licensed advisor allowance

    Continue reading
    Be the first to find this review helpful
  5. 4.0
    Former Employee

    Good

    Nov 11, 2021 - Anonymous Employee 
    Recommend
    CEO Approval
    Business Outlook

    Pros

    Almost good abc health policy

    Cons

    Salary is basic only in company

    Be the first to find this review helpful
  6. 3.0
    Former Employee, more than 5 years

    Good experience

    Aug 19, 2021 - Deputy Relationship Manager in Udipi
    Recommend
    CEO Approval
    Business Outlook

    Pros

    Good communication good training and that us a private sector bank partner

    Cons

    Long rooted journey no patience in pandemic situation.

    Continue reading
    Be the first to find this review helpful
  7. 3.0
    Former Employee, less than 1 year

    Good

    Sep 29, 2021 - Executive Team Leader 
    Recommend
    CEO Approval
    Business Outlook

    Pros

    Good to work in this insurance.

    Cons

    Very less salary Based on commission

    Be the first to find this review helpful
  8. 3.0
    Current Employee, less than 1 year

    No

    Aug 14, 2021 - Branch Manager in Mumbai
    Recommend
    CEO Approval
    Business Outlook

    Pros

    No no no no no

    Cons

    Lots of cons of this organization

    Continue reading
    Be the first to find this review helpful
  9. 1.0
    Former Employee, less than 1 year

    Relationship manager

    Dec 8, 2021 - Relationship Manager 
    Recommend
    CEO Approval
    Business Outlook

    Pros

    Nothing more here only work

    Cons

    Less salary. Only work here

    Be the first to find this review helpful
  10. 2.0
    Former Employee

    IDBI Rating

    Sep 20, 2021 - Life Insurance Advisor in Shujālpur
    Recommend
    CEO Approval
    Business Outlook

    Pros

    Good Training Program on how to make a sales.

    Cons

    More Sales Pressure to get the said target

    Be the first to find this review helpful
Viewing 1 - 10 of 133 Reviews
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IDBI Federal Life Insurance Reviews FAQs

IDBI Federal Life Insurance has an overall rating of 3.0 out of 5, based on over 251 reviews left anonymously by employees. 43% of employees would recommend working at IDBI Federal Life Insurance to a friend and 43% have a positive outlook for the business. This rating has improved by 2% over the last 12 months.

According to anonymously submitted Glassdoor reviews, IDBI Federal Life Insurance employees rate their compensation and benefits as 3.1 out of 5. Find out more about salaries and benefits at IDBI Federal Life Insurance. This rating has improved by 4% over the last 12 months.

43% of IDBI Federal Life Insurance employees would recommend working there to a friend based on Glassdoor reviews. Employees also rated IDBI Federal Life Insurance 3.0 out of 5 for work life balance, 3.1 for culture and values and 3.0 for career opportunities.

According to reviews on Glassdoor, employees commonly mention the pros of working at IDBI Federal Life Insurance to be coworkers, culture, career development and the cons to be management, compensation, benefits.

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Glassdoor has 251 IDBI Federal Life Insurance reviews submitted anonymously by IDBI Federal Life Insurance employees. Read employee reviews and ratings on Glassdoor to decide if IDBI Federal Life Insurance is right for you.