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Berar Finance
3.9
based on 237 Reviews
Company Overview
Company Locations
Working at Berar Finance
Company Summary
A diverse non-banking finance entity in India, specializing in vehicle financing and personal loans to enhance customer lifestyles.
Overall Rating
3.9/5
based on 237 reviews
3% below
industry average
Critically rated for
Promotions, Salary
Work Policy
Work from office
92% employees reported
Monday to Saturday
90% employees reported
Strict timing
65% employees reported
Within city
48% employees reported
View detailed work policy
Top Employees Benefits
Job/Soft skill training
5 employees reported
Health insurance
4 employees reported
Office cab/shuttle
2 employees reported
Professional degree assistance
1 employee reported
View all benefits
About Berar Finance
Founded in1990 (35 yrs old)
India Employee Count1k-5k
Global Employee Count--
India HeadquartersNagpur, India
Office Locations
--
Websiteberarfinance.com
Primary Industry
Other Industries
--
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BERAR Finance Limited is one of the pioneers of vehicle financing established way back in 1990.
BERAR Finance Limited is the most diversified Non-Banking Finance Company in India. Our entire portfolio is designed to assist you to take control of your desires and dreams which could be as different as improving your lifestyle, buying a new motorcycle or approaching for a personal loan, whatever be your plan we have the capability to feed it.
We have inherited a legacy of innumerable values, service, and trust. Believing in clientās satisfaction, this belief fuels the aspiration to create a better reality every day.
The Company was promoted as a private limited company by Mr. M. G. Jawanjar, Chairman and Managing Director BFL, a first-generation entrepreneur who visualized the future of auto finance.
With the primary objective of financing the purchase of new and used vehicles, availing personal loans, and refinancing vehicles, today the Company has touched the peak as one of the most trusted financial services entity in India. It has a nation-wide presence of nearly 61 branches across 6 states Maharashtra, Chhattisgarh, Madhya Pradesh, Telangana, Gujarat, and Karnataka.
The set of establishments that differentiate BERAR Finance Limited from other financing companies by acquiring you the means of finance in the least time and with the least effort.
Additionally, we always view ourselves as partners in our clientās dreams and desires, augmenting with our expertise.
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Berar Finance Ratings
based on 237 reviews
Overall Rating
3.9/5
How AmbitionBox ratings work?
5
115
4
52
3
34
2
9
1
27
Category Ratings
3.7
Company culture
3.7
Work-life balance
3.7
Skill development
3.6
Job security
3.6
Work satisfaction
3.3
Salary
3.3
Promotions
Berar Finance is rated 3.9 out of 5 stars on AmbitionBox, based on 237 company reviews.This rating reflects an average employee experience, indicating moderate satisfaction with the companyās work culture, benefits, and career growth opportunities. AmbitionBox gathers authentic employee reviews and ratings, making it a trusted platform for job seekers and employees in India.
Read more
Gender Based Ratings at Berar Finance
based on 230 reviews
4.1
Rated by 21 Women
Rated 4.5 for Job security and 4.4 for Work-life balance
3.9
Rated by 209 Men
Rated 3.6 for Work-life balance and 3.6 for Company culture
Work Policy at Berar Finance
based on 47 reviews in last 6 months
Work from office
92%
Hybrid
6%
Permanent work from home
2%
Berar Finance Reviews
Top mentions in Berar Finance Reviews
+ 5 more
Compare Berar Finance with Similar Companies
Change Company | Change Company | Change Company | ||
|---|---|---|---|---|
Overall Rating | 3.9/5 based on 237 reviews | 4.0/5 based on 2k reviews | 4.7/5 based on 3k reviews | 3.7/5 based on 2.3k reviews |
Highly Rated for | No highly rated category | Work-life balance Skill development Company culture | Work-life balance Company culture Skill development | No highly rated category |
Critically Rated for | Salary Promotions | Promotions | No critically rated category | Promotions |
Primary Work Policy | Work from office 92% employees reported | Work from office 82% employees reported | Work from office 91% employees reported | Work from office 90% employees reported |
Rating by Women Employees | 4.1 Good rated by 21 women | 3.6 Good rated by 98 women | 4.5 Good rated by 161 women | 3.4 Average rated by 312 women |
Rating by Men Employees | 3.9 Good rated by 209 men | 4.0 Good rated by 1.8k men | 4.7 Excellent rated by 2.7k men | 3.8 Good rated by 1.8k men |
Job security | 3.6 Good | 3.7 Good | 4.5 Good | 3.4 Average |
View more
Berar Finance Salaries
Berar Finance salaries have received with an average score of 3.3 out of 5 by 237 employees.
Credit Executive
(73 salaries)
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ā¹1 L/yr - ā¹2.8 L/yr
Collections Executive
(43 salaries)
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ā¹1.2 L/yr - ā¹2.5 L/yr
Executive Accountant
(38 salaries)
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ā¹1.2 L/yr - ā¹2.1 L/yr
Credit Officer
(37 salaries)
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ā¹1.3 L/yr - ā¹3 L/yr
Sales Executive
(33 salaries)
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ā¹1 L/yr - ā¹2.5 L/yr
Branch Manager
(33 salaries)
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ā¹2.4 L/yr - ā¹5 L/yr
Operations Executive
(26 salaries)
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ā¹1.2 L/yr - ā¹2.1 L/yr
Collection Officer
(22 salaries)
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ā¹1.1 L/yr - ā¹3.2 L/yr
Collections Manager
(21 salaries)
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ā¹2 L/yr - ā¹3.4 L/yr
Branch Head
(16 salaries)
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ā¹2.3 L/yr - ā¹5.4 L/yr
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4.0
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2.9
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Berar Finance FAQs
When was Berar Finance founded?
Berar Finance was founded in 1990. The company has been operating for 35 years primarily in the NBFC sector.
Where is the Berar Finance headquarters located?
Berar Finance is headquartered in Nagpur.
How many employees does Berar Finance have in India?
Berar Finance currently has more than 2,000+ employees in India. Finance & Accounting department appears to have the highest employee count in Berar Finance based on the number of reviews submitted on AmbitionBox.
Does Berar Finance have good work-life balance?
Berar Finance has a Work-Life Balance Rating of 3.7 out of 5 based on 200+ employee reviews on AmbitionBox. 70% employees rated Berar Finance 4 or above, while 30% employees rated it 3 or below on work-life balance. This indicates that the majority of employees feel a generally balanced work-life experience, with some opportunities for improvement based on the feedback. We encourage you to read Berar Finance work-life balance reviews for more details
Is Berar Finance good for career growth?
Career growth at Berar Finance is rated as moderate, with a promotions and appraisal rating of 3.3. 30% employees rated Berar Finance 3 or below, while 70% employees rated it 4 or above on promotions/appraisal. This rating suggests that while some employees view growth opportunities favorably, there is scope for improvement based on employee feedback. We recommend reading Berar Finance promotions/appraisals reviews for more detailed insights.
What are the cons of working in Berar Finance?
Working at Berar Finance does have some drawbacks that potential employees should consider. The company is poorly rated for salary & benefits and promotions / appraisal, based on 200+ employee reviews on AmbitionBox.
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