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Fino Payments Bank
3.9
based on 1.1k Reviews
Video summary
Proud winner of ABECA 2024 - AmbitionBox Employee Choice Awards
Company Overview
Company Locations
Working at Fino Payments Bank
Company Summary
Commercial bank offering cost-effective, digital financial services
Overall Rating
3.9/5
based on 1.1k reviews
![highly rated categories](https://static.ambitionbox.com/static/arrow_upward.png)
3% above
industry average
![highly rated categories](https://static.ambitionbox.com/static/dislike.png)
Critically rated for
Promotions
Work Policy
![Work from office](https://static.ambitionbox.com/static/icons/forms/office.png)
Work from office
64% employees reported
![Monday to Saturday](https://static.ambitionbox.com/static/calender.png)
Monday to Saturday
49% employees reported
![Strict timing](https://static.ambitionbox.com/static/clock.png)
Strict timing
51% employees reported
![Within city](https://static.ambitionbox.com/static/travel.png)
Within city
53% employees reported
View detailed work policy
Top Employees Benefits
Job/Soft skill training
56 employees reported
Health insurance
38 employees reported
Office cab/shuttle
23 employees reported
Cafeteria
16 employees reported
View all benefits
About Fino Payments Bank
Founded in2017 (8 yrs old)
India Employee Count1k-5k
Global Employee Count1k-5k
India HeadquartersMumbai, Maharashtra, India
Office Locations
--
Websitefinobank.com
Primary Industry
Other Industries
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View in video summary
Fino Payments Bank comes to you from an institution that has served the country’s banking needs for over a decade. We truly value your hard work and understand how important it is to you and your family. It is therefore, our continuous endeavour to provide you with an unmatched banking experience, through our simple products & services that can easily be accessed anytime, anywhere, and in your neighbourhood too. We are the first payments bank to go live with 410 branches and more than 25,000 banking points on day one. The bank was incorporated on 4th April, 2017 with the name Fino Payments Bank Limited.
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AmbitionBox Best Places to Work in India Awards
Best of the best, rated by employees
Fino Payments Bank won India’s Largest Employee Choice Awards in Mid-Sized Companies Category.
#3 Top Rated Banking Company
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Fino Payments Bank Ratings
based on 1.1k reviews
Overall Rating
3.9/5
How AmbitionBox ratings work?
5
519
4
261
3
126
2
51
1
97
Category Ratings
3.7
Company culture
3.7
Job security
3.7
Work-life balance
3.6
Skill development
3.6
Work satisfaction
3.5
Salary
3.2
Promotions
Fino Payments Bank is rated 3.9 out of 5 stars on AmbitionBox, based on 1.1k 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 Fino Payments Bank
based on 986 reviews
3.8
Rated by 126 Women
Rated 3.7 for Company culture and 3.7 for Job security
3.9
Rated by 860 Men
Rated 3.8 for Work-life balance and 3.7 for Company culture
Work Policy at Fino Payments Bank
based on 113 reviews in last 6 months
Work from office
64%
Hybrid
24%
Permanent work from home
12%
Fino Payments Bank Reviews
Top mentions in Fino Payments Bank Reviews
+ 5 more
Compare Fino Payments Bank with Similar Companies
Change Company | Change Company | Change Company | ||
---|---|---|---|---|
Overall Rating | 3.9/5 based on 1.1k reviews | 4.0/5 based on 1k reviews | 4.0/5 based on 116 reviews | 3.9/5 based on 1.2k reviews |
Highly Rated for | No highly rated category | Skill development Work-life balance Job security | Job security Work-life balance Salary | No highly rated category |
Critically Rated for | Promotions | No critically rated category | No critically rated category | Job security Promotions |
Primary Work Policy | Work from office 64% employees reported | Work from office 46% employees reported | Work from office 80% employees reported | Hybrid 52% employees reported |
Rating by Women Employees | 3.8 Good rated by 126 women | 4.0 Good rated by 78 women | 4.2 Good rated by 20 women | 3.8 Good rated by 96 women |
Rating by Men Employees | 3.9 Good rated by 860 men | 4.0 Good rated by 855 men | 4.0 Good rated by 90 men | 3.9 Good rated by 1k men |
Job security | 3.7 Good | 3.8 Good | 4.2 Good | 3.3 Average |
View more
Fino Payments Bank Salaries
Fino Payments Bank salaries have received with an average score of 3.5 out of 5 by 1.1k employees.
Territory Sales Manager
(165 salaries)
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₹1.8 L/yr - ₹4.1 L/yr
Cluster Head
(150 salaries)
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₹3 L/yr - ₹8.3 L/yr
Officer
(126 salaries)
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₹1.4 L/yr - ₹5 L/yr
Customer Relationship Officer
(109 salaries)
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₹1.5 L/yr - ₹3.2 L/yr
Customer Relation Officer
(105 salaries)
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₹1.2 L/yr - ₹3.2 L/yr
Customer Service Officer
(77 salaries)
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₹1.2 L/yr - ₹2.5 L/yr
Product Manager
(63 salaries)
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₹7.5 L/yr - ₹24.8 L/yr
Software Developer
(57 salaries)
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₹3 L/yr - ₹9.5 L/yr
Branch Manager
(43 salaries)
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₹1.8 L/yr - ₹4.7 L/yr
Branch Sales Manager
(35 salaries)
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₹1.9 L/yr - ₹4.2 L/yr
Fino Payments Bank Interview Questions
Interview questions by designation
Top Fino Payments Bank interview questions and answers
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Fino Payments Bank Jobs
Popular Designations Fino Payments Bank Hires for
Cluster Head
Create job alerts
Assistant Manager
Create job alerts
Lead Trainer
Create job alerts
Regional Sales Manager
Create job alerts
Vice President
Create job alerts
MIS Officer
Create job alerts
Popular Skills Fino Payments Bank Hires for
Current Openings
Fino Payments Bank News
Fino Payments Bank Shares Jump 5% After Q3 Results
- Shares of Fino Payments Bank jumped over 5% on BSE after reporting strong Q3 FY25 results.
- Fino Bank's total income increased by 24.6% to INR 461.34 Cr in Q3 FY25.
- EBITDA soared 19% YoY to INR 60.2 Cr in the quarter ended December 31, 2024.
- Fino's net profit remained almost flat at INR 23.11 Cr in Q3 FY25.
Inc42 | 30 Jan, 2025
![Fino Payments Bank Shares Jump 5% After Q3 Results](https://inc42.com/cdn-cgi/image/quality=75/https://asset.inc42.com/2018/08/default-social-share-image.jpg)
Fino Payments Bank’s Q3 Profit Almost Flat At INR 23 Cr
- Fino Payments Bank reported a net profit of INR 23.11 Cr in Q3 FY25, a slight increase of 1.3%.
- The company's total income in Q3 was INR 461.34 Cr, with the biggest contributor being CASA at INR 111.6 Cr.
- Digital payment services revenue grew 4X to INR 109.7 Cr in the quarter.
- Fino Payments Bank's total customer base increased by 33% YoY to 1.34 Cr.
Inc42 | 30 Jan, 2025
![Fino Payments Bank’s Q3 Profit Almost Flat At INR 23 Cr](https://inc42.com/cdn-cgi/image/quality=75/https://asset.inc42.com/2024/07/Fino_social.png)
How Fino Payments Bank’s Ex-Employees Defrauded Its Clients & Merchants
- Fino Payments Bank clarifies that the fraud by ex-employees did not have a direct impact on the company.
- Complaints were received regarding non-receipt of funds invested in fictitious schemes by clients and merchants.
- Investigation reveals unauthorized actions and misrepresentation by the alleged employees.
- The fraud amount reported by impacted merchants is INR 35.54 Cr, but no evidence provided to substantiate the claims.
Inc42 | 25 Jan, 2025
![How Fino Payments Bank’s Ex-Employees Defrauded Its Clients & Merchants](https://inc42.com/cdn-cgi/image/quality=75/https://asset.inc42.com/2025/01/fino-fraud-social-.png)
Ujjivan Small Finance Bank To Apply For Universal Bank Licence With RBI
- Ujjivan Small Finance Bank has approved a proposal to apply for a universal bank licence with the Reserve Bank of India.
- AU Small Finance Bank and Fino Payments Bank have also applied for universal bank licences with the RBI.
- The RBI has announced a five-member external advisory committee to evaluate licence applications for universal and small finance banks.
- The committee will be chaired by former RBI Deputy Governor MK Jain and will have a tenure of three years.
Bloomberg Quint | 23 Jan, 2025
![Ujjivan Small Finance Bank To Apply For Universal Bank Licence With RBI](https://media.assettype.com/bloombergquint%2F2024-06%2F441609a3-8570-4f29-8d06-dc56ff01b529%2FUjivan_Small_Finance_Bank_exterior__signage___Photo_Usha_Kunji_BQ_Prime__2.jpg?rect=0%2C0%2C3755%2C1971&w=1200&auto=format%2Ccompress&ogImage=true)
Small-ticket loans, higher deposit limits can enhance payments bank viability: Fino PB MD
- Fino Payments Bank's Managing Director suggests that payment banks should be allowed to accept higher deposits and offer small ticket loans to enhance viability and better serve customers.
- The RBI initially aimed to promote the creation of an online payment ecosystem through payment banks, but with the rapid increase in digital transactions, the objective has largely been met.
- Fino Payments Bank's average deposits grew 34% year-on-year to Rs 1,696 crore and are expected to continue growing by 35-40% in H2FY25.
- Fino Payments Bank has applied for a small finance bank (SFB) license and expects to launch the bank within one year of receiving in-principle approval.
HinduBusinessLine | 29 Nov, 2024
![Small-ticket loans, higher deposit limits can enhance payments bank viability: Fino PB MD](https://bl-i.thgim.com/public/incoming/k83mfq/article68922760.ece/alternates/LANDSCAPE_1200/WhatsApp%20Image%202024-11-28%20at%205.09.50%20PM.jpeg)
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Fino Payments Bank FAQs
When was Fino Payments Bank founded?
Fino Payments Bank was founded in 2017. The company has been operating for 8 years primarily in the Banking sector.
Where is the Fino Payments Bank headquarters located?
Fino Payments Bank is headquartered in Mumbai, Maharashtra.
How many employees does Fino Payments Bank have in India?
Fino Payments Bank currently has more than 2,600+ employees in India. BFSI, Investments & Trading department appears to have the highest employee count in Fino Payments Bank based on the number of reviews submitted on AmbitionBox.
Does Fino Payments Bank have good work-life balance?
Fino Payments Bank has a Work-Life Balance Rating of 3.7 out of 5 based on 1,000+ employee reviews on AmbitionBox. 74% employees rated Fino Payments Bank 4 or above, while 26% 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 Fino Payments Bank work-life balance reviews for more details
Is Fino Payments Bank good for career growth?
Career growth at Fino Payments Bank is rated as moderate, with a promotions and appraisal rating of 3.2. 26% employees rated Fino Payments Bank 3 or below, while 74% 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 Fino Payments Bank promotions/appraisals reviews for more detailed insights.
What are the cons of working in Fino Payments Bank?
Working at Fino Payments Bank does have some drawbacks that potential employees should consider. The company is poorly rated for promotions / appraisal, based on 1,000+ employee reviews on AmbitionBox.
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