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Berar Finance

3.9
based on 233 Reviews

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 233 reviews
highly rated categories
3% below
industry average
highly rated categories
Critically rated for

Promotions, Salary

Work Policy
Work from office
Work from office
94% employees reported
Monday to Saturday
Monday to Saturday
90% employees reported
Strict timing
Strict timing
64% employees reported
Within city
Within city
48% employees reported
View detailed work policy
Top Employees Benefits
Job/Soft skill training
Job/Soft skill training
5 employees reported
Health insurance
Health insurance
4 employees reported
Office cab/shuttle
Office cab/shuttle
2 employees reported
Professional degree assistance
Professional degree assistance
1 employee reported
View all benefits

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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 client’s 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 client’s dreams and desires, augmenting with our expertise.
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Berar Finance Ratings

based on 233 reviews

Overall Rating

3.9/5
How AmbitionBox ratings work?
5
115
4
49
3
34
2
8
1
27

Category Ratings

3.7

Company culture

3.7

Job security

3.7

Work-life balance

3.7

Skill development

3.6

Work satisfaction

3.3

Salary

3.3

Promotions

Berar Finance is rated 3.9 out of 5 stars on AmbitionBox, based on 233 company reviews.This rating reflects an average employee experience, indicating moderate satisfaction with the company’s 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 226 reviews
4.1
Rated by 21 Women
Rated 4.5 for Job security and 4.4 for Work-life balance
3.9
Rated by 205 Men
Rated 3.6 for Work-life balance and 3.6 for Company culture

Work Policy at Berar Finance

based on 45 reviews in last 6 months
Work from office
94%
Hybrid
4%
Permanent work from home
2%

Berar Finance Reviews

Top mentions in Berar Finance Reviews

+ 5 more
Tide Business Finance Platform
Thrive at work, live fully - experience balance like never before!

Compare Berar Finance with Similar Companies

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Overall Rating
3.9/5
based on 233 reviews
4.0/5
based on 38.4k reviews
Awards Tag
3.9/5
based on 40k reviews
Awards Tag
4.0/5
based on 6.7k reviews
Highly Rated for
No highly rated category
Job security
Skill development
Company culture
Job security
Skill development
Salary
Skill development
Job security
Critically Rated for
Salary
Promotions
No critically rated category
Promotions
No critically rated category
Primary Work Policy
Work from office
94% employees reported
Work from office
91% employees reported
Work from office
84% employees reported
Work from office
79% employees reported
Rating by Women Employees
4.1
Good
rated by 21 women
3.9
Good
rated by 10.2k women
3.7
Good
rated by 8.4k women
3.9
Good
rated by 601 women
Rating by Men Employees
3.9
Good
rated by 205 men
4.0
Good
rated by 26.5k men
3.9
Good
rated by 29.6k men
4.0
Good
rated by 5.8k men
Job security
3.7
Good
4.1
Good
4.0
Good
3.9
Good
View more

Berar Finance Salaries

Berar Finance salaries have received with an average score of 3.3 out of 5 by 233 employees.

Credit Executive

(65 salaries)
Unlock
₹1.2 L/yr - ₹3 L/yr

Collections Executive

(43 salaries)
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₹1.2 L/yr - ₹2.5 L/yr

Executive Accountant

(40 salaries)
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₹1.2 L/yr - ₹2.1 L/yr

Credit Officer

(37 salaries)
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₹1.3 L/yr - ₹3 L/yr

Sales Executive

(33 salaries)
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₹1 L/yr - ₹2.5 L/yr

Branch Manager

(33 salaries)
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₹2.4 L/yr - ₹5 L/yr

Operations Executive

(26 salaries)
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₹1.2 L/yr - ₹2.1 L/yr

Collections Manager

(22 salaries)
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₹2 L/yr - ₹3.4 L/yr

Collection Officer

(20 salaries)
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₹1.2 L/yr - ₹3 L/yr

Branch Head

(16 salaries)
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₹2.3 L/yr - ₹5.4 L/yr

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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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