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GIC Housing Finance
3.7
based on 88 Reviews
Company Overview
Company Locations
Working at GIC Housing Finance
Company Summary
The primary business of GICHFL is granting housing loans to individuals and to persons/entities engaged in construction of houses/flats for residential purposes.
Overall Rating
3.7/5
based on 88 reviews
7% below
industry average
Highly rated for
Job security, Work-life balance, Company culture
Critically rated for
Promotions
Work Policy
Work from office
90% employees reported
Monday to Friday
80% employees reported
Strict timing
55% employees reported
Within city
44% employees reported
View detailed work policy
Top Employees Benefits
Job/Soft skill training
4 employees reported
Health insurance
3 employees reported
Free meal
2 employees reported
View detailed benefits
About GIC Housing Finance
Founded in1989 (36 yrs old)
India Employee Count1k-5k
Global Employee Count1k-5k
India HeadquartersMumbai, India
Office Locations
Websitegichfindia.com
Primary Industry
Other Industries
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GIC Housing Finance Limited, was incorporated as ‘GIC Grih Vitta Limited’ on 12th December 1989. The name was changed to its present name vide a fresh Certificate of Incorporation issued on 16th November 1993.
The primary business of GICHFL is granting housing loans to individuals and to persons/entities engaged in construction of houses/flats for residential purposes. GICHFL always believed that its success and growth depends on following fair and ethical lending policies that are customer friendly, while at the same time creating wealth for its share holders.
The Company is promoted by General Insurance Corporation of India and its erstwhile subsidiaries namely, National Insurance Company Limited, The New India Assurance Company Limited, The Oriental Insurance Company Limited and United India Insurance Company Limited .
GICHFL has 75 offices across the country with a strong marketing team which is further assisted by Sales Associates(SAs). It has tie-ups with builders to provide finance to individual borrowers.
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GIC Housing Finance Ratings
based on 88 reviews
Overall Rating
3.7/5
How AmbitionBox ratings work?
5
36
4
21
3
11
2
5
1
15
Category Ratings
4.0
Job security
3.9
Work-life balance
3.8
Company culture
3.7
Salary
3.6
Work satisfaction
3.4
Skill development
3.1
Promotions
GIC Housing Finance is rated 3.7 out of 5 stars on AmbitionBox, based on 88 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 GIC Housing Finance
based on 80 reviews
3.5
Rated by 17 Women
Rated 3.7 for Work-life balance and 3.3 for Company culture
3.9
Rated by 63 Men
Rated 4.3 for Job security and 4.1 for Work-life balance
Work Policy at GIC Housing Finance
based on 19 reviews in last 6 months
Work from office
90%
Hybrid
10%
GIC Housing Finance Reviews
Top mentions in GIC Housing Finance Reviews
+ 4 more
Compare GIC Housing Finance with Similar Companies
Change Company | Change Company | Change Company | ||
|---|---|---|---|---|
Overall Rating | 3.7/5 based on 88 reviews | 3.9/5 based on 40.1k reviews | 4.0/5 based on 414 reviews | 4.2/5 based on 3.7k reviews |
Highly Rated for | Job security Work-life balance Company culture | Job security Skill development | Job security Salary Skill development | Skill development Work-life balance Salary |
Critically Rated for | Promotions | Promotions | No critically rated category | No critically rated category |
Primary Work Policy | Work from office 90% employees reported | Work from office 84% employees reported | Work from office 80% employees reported | Work from office 81% employees reported |
Rating by Women Employees | 3.5 Good rated by 17 women | 3.7 Good rated by 8.4k women | 4.1 Good rated by 68 women | 4.0 Good rated by 328 women |
Rating by Men Employees | 3.9 Good rated by 63 men | 3.9 Good rated by 29.7k men | 4.0 Good rated by 308 men | 4.2 Good rated by 3.3k men |
Job security | 4.0 Good | 4.0 Good | 4.0 Good | 3.9 Good |
View more
GIC Housing Finance Salaries
GIC Housing Finance salaries have received with an average score of 3.7 out of 5 by 88 employees.
Branch Manager
(30 salaries)
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₹8.5 L/yr - ₹16 L/yr
Junior Executive
(17 salaries)
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₹2 L/yr - ₹5.3 L/yr
Credit Officer
(13 salaries)
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₹2.2 L/yr - ₹10.2 L/yr
Branch Incharge
(10 salaries)
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₹9 L/yr - ₹15 L/yr
Sales Executive
(8 salaries)
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₹2 L/yr - ₹2.8 L/yr
Credit Executive
(7 salaries)
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₹4 L/yr - ₹11.9 L/yr
Credit Analyst
(6 salaries)
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₹6.7 L/yr - ₹10 L/yr
HR Generalist
(6 salaries)
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₹8.4 L/yr - ₹15 L/yr
Management Executive
(6 salaries)
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₹6 L/yr - ₹14.4 L/yr
Executive Accountant
(5 salaries)
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₹2.3 L/yr - ₹5.3 L/yr
GIC Housing Finance Jobs
Popular Designations GIC Housing Finance Hires for
Popular Skills GIC Housing Finance Hires for
Current Openings
GIC Housing Finance Perks & Benefits
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2.9
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3.7
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3.9
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3.9
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3.7
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4.7
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4.0
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4.4
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3.9
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4.3
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3.7
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GIC Housing Finance FAQs
When was GIC Housing Finance founded?
GIC Housing Finance was founded in 1989. The company has been operating for 36 years primarily in the NBFC sector.
Where is the GIC Housing Finance headquarters located?
GIC Housing Finance is headquartered in Mumbai and has an office in Mumbai
How many employees does GIC Housing Finance have in India?
GIC Housing Finance currently has approximately 1,700+ employees in India.
Does GIC Housing Finance have good work-life balance?
GIC Housing Finance has a Work-Life Balance Rating of 3.9 out of 5 based on 80+ employee reviews on AmbitionBox. 65% employees rated GIC Housing Finance 4 or above, while 35% 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 GIC Housing Finance work-life balance reviews for more details
Is GIC Housing Finance good for career growth?
Career growth at GIC Housing Finance is rated as moderate, with a promotions and appraisal rating of 3.1. 35% employees rated GIC Housing Finance 3 or below, while 65% 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 GIC Housing Finance promotions/appraisals reviews for more detailed insights.
What are the pros and cons of working in GIC Housing Finance?
Working at GIC Housing Finance comes with several advantages and disadvantages. It is highly rated for job security, work life balance and company culture. However, it is poorly rated for promotions / appraisal, based on 80+ employee reviews on AmbitionBox.
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