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Engaged Employer
TruCap Finance
3.8
based on 101 Reviews
Company Overview
Company Locations
Working at TruCap Finance
Company Summary
Dhanvarsha is one of the best NBFC companies in Mumbai, India. They offer different types of loans such as Loan against property, Business Loan, Personal Loan, etc.
Overall Rating
3.8/5
based on 101 reviews
On-Par with
industry average
Highly rated for
Work-life balance, Salary, Work satisfaction
Work Policy
Work from office
88% employees reported
Monday to Saturday
54% employees reported
Strict timing
63% employees reported
No travel
53% employees reported
View detailed work policy
Top Employees Benefits
Health insurance
5 employees reported
Job/Soft skill training
5 employees reported
Cafeteria
3 employees reported
Office cab/shuttle
1 employee reported
View detailed benefits
About TruCap Finance
Founded in1994 (31 yrs old)
India Employee Count51-200
Global Employee Count51-200
India HeadquartersMumbai, Maharashtra, India
Office Locations
--
Websitetrucapfinance.com
Primary Industry
Other Industries
--
Dhanvarsha’s mission started with an idea – an idea to ‘build social capital’ by aiming to provide credit solutions to India's large underserved and underbanked MSME segment. Promoted under the aegis of the 80 year old Wilson Group of Mumbai, the company aims to provide timely, affordable and sustainable access to credit to the country's almost 500 million under-served borrowers, either through its own balance sheet or via significant distribution tie-ups coupled with its robust technology engine. The company prides itself on highest standards of corporate governance and transparency with an eminent and completely Independent Board that comprises of veterans from banking, fintech, taxation, regulation, and global businesses. Management has been carefully recruited from renowned institutions like Bank of America, Capital First, HDFC Bank, IDFC, Oberoi Realty, PWC, SKS Microfinance, Union Bank of India and more.
TruCap Finance Ratings
based on 101 reviews
Overall Rating
3.8/5
How AmbitionBox ratings work?
5
43
4
20
3
13
2
3
1
22
Category Ratings
3.9
Work-life balance
3.8
Salary
3.8
Work satisfaction
3.7
Company culture
3.7
Skill development
3.6
Job security
3.5
Promotions
TruCap Finance is rated 3.8 out of 5 stars on AmbitionBox, based on 101 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 TruCap Finance
based on 93 reviews
4.0
Rated by 14 Women
Rated 4.2 for Work-life balance and 3.9 for Skill development
3.9
Rated by 79 Men
Rated 4.0 for Work-life balance and 3.9 for Salary
Work Policy at TruCap Finance
based on 32 reviews in last 6 months
Work from office
88%
Hybrid
12%
TruCap Finance Reviews
Top mentions in TruCap Finance Reviews
+ 1 more
Compare TruCap Finance with Similar Companies
Change Company | Change Company | Change Company | ||
|---|---|---|---|---|
Overall Rating | 3.8/5 based on 101 reviews | 3.9/5 based on 20.4k reviews | 4.1/5 based on 4.4k reviews | 4.0/5 based on 6.7k reviews |
Highly Rated for | Work-life balance Salary Work satisfaction | Skill development Job security Company culture | Work-life balance Company culture Skill development | Salary Skill development Job security |
Critically Rated for | No critically rated category | Promotions | No critically rated category | No critically rated category |
Primary Work Policy | Work from office 88% employees reported | Work from office 85% employees reported | Work from office 82% employees reported | Work from office 78% employees reported |
Rating by Women Employees | 4.0 Good rated by 14 women | 3.8 Good rated by 4.2k women | 3.9 Good rated by 233 women | 3.9 Good rated by 596 women |
Rating by Men Employees | 3.9 Good rated by 79 men | 4.0 Good rated by 14.9k men | 4.1 Good rated by 3.9k men | 4.0 Good rated by 5.7k men |
Job security | 3.6 Good | 3.8 Good | 3.8 Good | 3.9 Good |
View more
TruCap Finance Salaries
TruCap Finance salaries have received with an average score of 3.8 out of 5 by 101 employees.
Customer Service Manager
(19 salaries)
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₹2.4 L/yr - ₹4.5 L/yr
Branch Manager
(16 salaries)
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₹4.2 L/yr - ₹6.8 L/yr
Assistant Branch Manager
(12 salaries)
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₹3 L/yr - ₹5 L/yr
Credit Officer
(11 salaries)
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₹1.2 L/yr - ₹3.4 L/yr
Branch Sales Manager
(9 salaries)
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₹2.4 L/yr - ₹3.6 L/yr
Relationship Manager
(9 salaries)
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₹3.5 L/yr - ₹5.4 L/yr
Branch Credit Manager
(7 salaries)
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₹4.6 L/yr - ₹8.3 L/yr
Senior Project Manager
(6 salaries)
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₹5 L/yr - ₹28 L/yr
Credit Manager
(6 salaries)
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₹3.9 L/yr - ₹6.6 L/yr
Sales Manager
(5 salaries)
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₹3 L/yr - ₹7.5 L/yr
TruCap Finance News
InCred Finance buys TruCap’s gold loan business for Rs 330 crore
- InCred Finance has acquired TruCap Finance's gold loan division for around Rs 330 crore.
- The acquisition includes the transfer of the 'Dhanvarsha' trademarks and logos.
- InCred Finance will gain control over 115 gold loan branches and a customer base of over 40,000.
- TruCap aims to use the proceeds from the sale to reduce debt and focus on its green energy finance and MSME business loans.
ISN | 26 Feb, 2025
InCred Finance To Acquire TruCap's Gold Loan Business
- InCred Finance is set to acquire TruCap Finance Ltd.'s gold loan business for about Rs 330 crore.
- The deal includes a nationwide network of 115 branches, a customer base exceeding 40,000, a team of over 550 employees, and assets under management of over Rs 650 crore.
- The acquisition will provide InCred Finance a head start in the gold loans business, accelerating its go-to-market timeline by 24-36 months.
- The transaction is expected to be completed by April 30, 2025, subject to necessary approvals and adjustments.
Bloomberg Quint | 26 Feb, 2025
InCred Finance acquires TruCap’s gold loan business to expand secured lending portfolio
- InCred Finance has acquired TruCap Finance Limited's gold loan business.
- The acquisition includes TruCap's 115-branch network, a customer base of over 40,000, and assets under management (AUM) exceeding Rs 650 crore.
- The deal is expected to accelerate InCred Finance's expansion into secured lending by up to three years.
- The integrated gold loan business will be led by Saurabh Jhalaria, a founding team member of InCred Finance.
Yourstory | 26 Feb, 2025
InCred Finance to acquire gold loans biz of TruCap Finance via slump sale
- InCred Finance is set to acquire the gold loans business of TruCap Finance through a slump sale.
- The acquisition will bring a nationwide network of 115 branches, over 40,000 customers, more than 550 employees, and an AUM of over ₹650+ crore to InCred Finance.
- The proposed acquisition is subject to the execution of long form documents, obtaining necessary approvals, and fulfilling all conditions precedent to closing.
- This acquisition will provide InCred Finance with a head-start in the gold loans business, helping accelerate its go-to-market timeline by 24-36 months.
HinduBusinessLine | 26 Feb, 2025
InCred Finance Acquires TruCap’s Gold Loan Business For Rs 330 Cr
- InCred Finance is acquiring TruCap Finance’s gold loan division in a deal valued at around Rs 330 Cr.
- The acquisition includes the transfer of 'Dhanvarsha' trademarks and logos, covering 115 branches, a customer base of over 40,000, a team of 550+ employees, and assets under management of over Rs 650 Cr.
- TruCap aims to reduce debt and improve net worth, focusing on green energy finance and MSME business loans.
- After the acquisition, InCred Finance's gold loan division will be led by Saurabh Jhalaria, the current head of MSME and Education Loans.
VIE Stories | 26 Feb, 2025
InCred Finance To Acquire TruCap’s Gold Loan Business For INR 330 Cr
- InCred Finance is acquiring TruCap Finance's gold loan division, including trademarks and logos, for INR 330 Cr.
- The deal includes 115 branches, a customer base of over 40,000, and assets under management (AUM) of over INR 650 Cr.
- TruCap aims to reduce debt and focus on green energy finance and MSME business loans.
- InCred Finance plans to diversify its lending portfolio and expand its branch network.
Inc42 | 26 Feb, 2025
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TruCap Finance FAQs
When was TruCap Finance founded?
TruCap Finance was founded in 1994. The company has been operating for 31 years primarily in the Financial Services sector.
Where is the TruCap Finance headquarters located?
TruCap Finance is headquartered in Mumbai, Maharashtra.
How many employees does TruCap Finance have in India?
TruCap Finance currently has more than 70+ employees in India. Finance & Accounting department appears to have the highest employee count in TruCap Finance based on the number of reviews submitted on AmbitionBox.
Does TruCap Finance have good work-life balance?
TruCap Finance has a Work-Life Balance Rating of 3.9 out of 5 based on 100+ employee reviews on AmbitionBox. 62% employees rated TruCap Finance 4 or above, while 38% 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 TruCap Finance work-life balance reviews for more details
Is TruCap Finance good for career growth?
Career growth at TruCap Finance is rated fairly well, with a promotions and appraisal rating of 3.5. 62% employees rated TruCap Finance 4 or above, while 38% employees rated it 3 or below on promotions/appraisal. Though the sentiment is mixed for career growth, majority employees have rated it positively. We recommend reading TruCap Finance reviews for more detailed insights.
What are the pros of working in TruCap Finance?
Working at TruCap Finance offers several advantages that make it an appealing place for employees. The company is highly rated for work life balance, salary & benefits and work satisfaction, based on 100+ employee reviews on AmbitionBox.
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