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GIC Housing Finance

3.8
based on 87 Reviews

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

3.8/5
based on 87 reviews
highly rated categories
5% below
industry average
highly rated categories
Highly rated for

Job security, Work-life balance

highly rated categories
Critically rated for

Promotions, Skill development

Work Policy
Work from office
Work from office
89% employees reported
Monday to Friday
Monday to Friday
80% employees reported
Strict timing
Strict timing
56% employees reported
Within city
Within city
44% employees reported
View detailed work policy
Top Employees Benefits
Job/Soft skill training
Job/Soft skill training
4 employees reported
Health insurance
Health insurance
3 employees reported
Free meal
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 87 reviews

Overall Rating

3.8/5
How AmbitionBox ratings work?
5
36
4
21
3
10
2
5
1
15

Category Ratings

4.0

Job security

3.9

Work-life balance

3.7

Company culture

3.6

Salary

3.5

Work satisfaction

3.3

Skill development

3.1

Promotions

GIC Housing Finance is rated 3.8 out of 5 stars on AmbitionBox, based on 87 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 79 reviews
3.5
Rated by 17 Women
Rated 3.7 for Work-life balance and 3.3 for Company culture
3.9
Rated by 62 Men
Rated 4.3 for Job security and 4.1 for Work-life balance

Work Policy at GIC Housing Finance

based on 18 reviews in last 6 months
Work from office
89%
Hybrid
11%

GIC Housing Finance Reviews

Top mentions in GIC Housing Finance Reviews

+ 4 more

Compare GIC Housing Finance with Similar Companies

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Overall Rating
3.8/5
based on 87 reviews
3.9/5
based on 39.8k reviews
4.0/5
based on 412 reviews
4.2/5
based on 3.7k reviews
Highly Rated for
Job security
Work-life balance
Job security
Skill development
Job security
Salary
Skill development
Skill development
Work-life balance
Salary
Critically Rated for
Promotions
Skill development
Promotions
No critically rated category
No critically rated category
Primary Work Policy
Work from office
89% employees reported
Work from office
84% employees reported
Work from office
80% employees reported
Work from office
83% employees reported
Rating by Women Employees
3.5
Good
rated by 17 women
3.7
Good
rated by 8.3k women
4.1
Good
rated by 68 women
4.0
Good
rated by 324 women
Rating by Men Employees
3.9
Good
rated by 62 men
3.9
Good
rated by 29.5k men
4.0
Good
rated by 306 men
4.2
Good
rated by 3.2k 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 3.6 out of 5 by 87 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

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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. 66% employees rated GIC Housing Finance 4 or above, while 34% 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. 34% employees rated GIC Housing Finance 3 or below, while 66% 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 and work life balance. However, it is poorly rated for promotions / appraisal and skill development, based on 80+ employee reviews on AmbitionBox.
GIC Housing Finance Overview
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