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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
3% above
industry average
Highly rated for
Job security, Work-life balance
Critically rated for
Promotions
Work Policy
Work from office
63% employees reported
Monday to Saturday
49% employees reported
Strict timing
51% employees reported
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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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
536
4
270
3
130
2
53
1
98
Category Ratings
3.8
Job security
3.8
Work-life balance
3.7
Company culture
3.7
Skill development
3.7
Work satisfaction
3.6
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 1k reviews
3.8
Rated by 131 Women
Rated 3.8 for Job security and 3.7 for Work-life balance
3.9
Rated by 888 Men
Rated 3.8 for Work-life balance and 3.8 for Company culture
Work Policy at Fino Payments Bank
based on 128 reviews in last 6 months
Work from office
63%
Hybrid
29%
Permanent work from home
8%
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 | 4.5/5 based on 6k reviews | 3.7/5 based on 2k reviews | 4.2/5 based on 11.8k reviews |
Highly Rated for | Work-life balance Job security | Job security Skill development Work-life balance | No highly rated category | Skill development Work-life balance Salary |
Critically Rated for | Promotions | No critically rated category | Promotions | No critically rated category |
Primary Work Policy | Work from office 63% employees reported | Work from office 89% employees reported | Work from office 88% employees reported | Work from office 87% employees reported |
Rating by Women Employees | 3.8 Good rated by 131 women | 4.5 Good rated by 824 women | 3.6 Good rated by 364 women | 4.2 Good rated by 1.3k women |
Rating by Men Employees | 3.9 Good rated by 888 men | 4.5 Good rated by 5k men | 3.7 Good rated by 1.6k men | 4.2 Good rated by 10k men |
Job security | 3.8 Good | 4.4 Good | 3.6 Good | 4.1 Good |
View more
Fino Payments Bank Salaries
Fino Payments Bank salaries have received with an average score of 3.6 out of 5 by 1.1k employees.
Cluster Head
(151 salaries)
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₹3 L/yr - ₹9 L/yr
Officer
(123 salaries)
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₹1.5 L/yr - ₹5 L/yr
Customer Relationship Officer
(107 salaries)
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₹1.5 L/yr - ₹3 L/yr
Customer Relation Officer
(103 salaries)
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₹1.2 L/yr - ₹3.2 L/yr
Territory Sales Manager
(86 salaries)
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₹2.1 L/yr - ₹4.5 L/yr
Customer Service Officer
(78 salaries)
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₹1.2 L/yr - ₹3 L/yr
Product Manager
(60 salaries)
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₹7.5 L/yr - ₹20 L/yr
Software Developer
(58 salaries)
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₹3 L/yr - ₹10.5 L/yr
Branch Manager
(44 salaries)
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₹1.8 L/yr - ₹4.7 L/yr
Regional Head
(40 salaries)
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₹5.1 L/yr - ₹13.7 L/yr
Fino Payments Bank Interview Questions
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Fino Payments Bank Jobs
Popular Designations Fino Payments Bank Hires for
Assistant Manager
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Regional Sales Manager
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MIS Officer
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Lead Trainer
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Popular Skills Fino Payments Bank Hires for
Current Openings
Fino Payments Bank News
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New-Age Tech Stocks Lose Almost $4 Bn In M-Cap This Week, Ola Electric Crashes Over 10%
- Most new-age tech stocks in the Indian equities market ended negatively this week, resulting in a nearly $4 Bn loss in market capitalization.
- Veefin Solutions saw the biggest decline, with shares plunging 18.46%, followed by DroneAcharya Aerial Innovations at 13.93%.
- Fino Payments Bank was the only gainer, up by 3.56%, while others like Ola Electric and Tracxn touched fresh lows.
- Overall, the total market cap of 32 new-age tech stocks reached $70.25 Bn by the end of the week.
- In the broader market, Sensex and Nifty 50 experienced a decline, impacted by global trade uncertainties.
- Indian economy showed signs of recovery driven by easing inflation and improving economic fundamentals amid global uncertainties.
- Ola Electric faced ongoing challenges with shares plummeting by 10.61% this week and hitting an all-time low.
- PB Fintech also witnessed a tumultuous week as shares declined by 5.03% and the parent company approved a significant investment in its healthcare subsidiary.
- PB Fintech's cofounders and key personnel are set to invest in the healthcare arm, following the company's strategy shift towards healthcare services.
- Last week, PB Fintech's CEO settled an alleged insider trading case with SEBI by paying a settlement amount.
Inc42 | 16 Mar, 2025
Fino Payments Bank Shares Jump 8% Amid Gains In Broader Market
- Fino Payments Bank shares rose nearly 8% to INR 236.20 in intraday trading on BSE.
- The stock later traded 3% higher at INR 225.20 per share.
- The company's market capitalization is INR 1,888.96 Cr.
- This surge in stock price coincided with a rise in the broader market.
Inc42 | 10 Mar, 2025
Fino Payments Bank Shares Rally 9% Intraday
- Shares of Fino Payments Bank rallied 9% during intraday trading on the BSE.
- The rally was driven by the company's board approving the allotment of employee stock options (ESOP).
- Despite today's rally, the stock remains down over 33.69% year-to-date.
- Fino Payments Bank operates on an asset-light business model and has applied for a small finance bank license with the Reserve Bank of India.
Inc42 | 7 Mar, 2025
Fino Payments Allots 4.1K Shares Under ESOP Scheme
- Fino Payments Bank has approved an allotment of 4,100 equity shares under its employee stock option plan (ESOP).
- The shares were allotted to eligible employees at a face value of INR 10 each under the Fino Payments Bank Limited – Employee Stock Option Policy, 2023.
- The newly allotted equity shares increased the company's issued, subscribed, and paid-up equity share capital to INR 83,21,84,020 Cr.
- Shares of Fino Payments rose 2.8% to INR 206.85 apiece on BSE, with a market capitalisation of INR 1,708.39 Cr.
Inc42 | 5 Mar, 2025
Stock Market Today: All You Need To Know Going Into Trade On Feb. 25
- Indian benchmark indices closed lower on Monday, with Nifty at 22,553.35 and Sensex at 74,454.41, marking their longest losing streak since November 1996.
- Foreign portfolio investors sold Indian equities worth Rs 6,286.7 crore while domestic institutional investors bought equities worth Rs 5,185.7 crore.
- The Indian rupee ended flat at 86.71 per dollar after erasing early gains, following a slump in US business activity.
- Stocks to watch include ONGC, NTPC, Firstsource Solutions, and Biocon, among others, with updates on their investments and developments.
- Trading tweaks included price band changes, stocks trading ex-dividend, and movements in the ASM framework for various companies.
- In F&O cues, Nifty futures were down, open interest decreased, and key levels for Options Feb. 27 Expiry were at 23,000 and 22,500.
- Bulk deals saw Quality Power Electrical Equipments and Pentateam Inventure Capital involved in significant share transactions.
- Insider trades included acquisitions by promoters in NCL Industries, Alembic Pharma, and KCP, among others.
- Scheduled meetings between companies and investors/analysts for Fino Payments Bank, Axis Bank, and others were announced.
- The Indian rupee finished flat against the US dollar at 86.71, witnessing pressure due to weakening US business activity.
Bloomberg Quint | 25 Feb, 2025
Fino Payments Shares Jump 8% During Intraday
- Fino Payments Bank shares jumped 8.3% to INR 246 apiece during intraday trading on BSE.
- The stock had hit an all-time low of INR 215.55 apiece earlier this week.
- In the past 10 trading sessions, Fino Payments shares lost 22% in value.
- Fino Payments Bank is focusing on credit disbursement with offerings such as home loans and gold loans.
Inc42 | 20 Feb, 2025
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’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
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
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
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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 3.8 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 pros and cons of working in Fino Payments Bank?
Working at Fino Payments Bank comes with several advantages and disadvantages. It is highly rated for job security and work life balance. However, it is poorly rated for promotions / appraisal, based on 1,000+ employee reviews on AmbitionBox.
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