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IIFL Home Finance
3.9
based on 663 Reviews
Company Overview
Company Locations
Working at IIFL Home Finance
Company Summary
Provides a variety of financial services including loans and advisory, aiming to meet diverse client needs with convenient financial solutions.
Overall Rating
3.9/5
based on 663 reviews
3% below
industry average
Highly rated for
Work-life balance
Critically rated for
Promotions
Work Policy
Work from office
88% employees reported
Monday to Saturday
56% employees reported
Strict timing
53% employees reported
Within city
46% employees reported
View detailed work policy
About IIFL Home Finance
Founded in--
India Employee Count1k-5k
Global Employee Count--
Headquarters--
Office Locations
--
Websiteiiflhomeloans.com
Primary Industry
Other Industries
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IIFL Finance is a leading finance & investment services company in India, engaged in gold loans, business loans, personal loans & financial advisory services. The company focuses on providing a range of financial solutions to meet the diverse needs of its clients, ensuring accessibility and convenience in financial transactions. IIFL Finance aims to empower individuals and businesses through tailored financial products and services.
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IIFL Home Finance Ratings
based on 663 reviews
Overall Rating
3.9/5
How AmbitionBox ratings work?
5
302
4
131
3
94
2
42
1
94
Category Ratings
3.8
Work-life balance
3.7
Job security
3.7
Salary
3.6
Company culture
3.6
Skill development
3.6
Work satisfaction
3.3
Promotions
IIFL Home Finance is rated 3.9 out of 5 stars on AmbitionBox, based on 663 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 IIFL Home Finance
based on 649 reviews
3.2
Rated by 50 Women
Rated 3.3 for Job security and 3.2 for Salary
3.9
Rated by 599 Men
Rated 3.8 for Work-life balance and 3.8 for Salary
Work Policy at IIFL Home Finance
based on 185 reviews in last 6 months
Work from office
88%
Hybrid
10%
Permanent work from home
2%
IIFL Home Finance Reviews
Top mentions in IIFL Home Finance Reviews
+ 5 more
Compare IIFL Home Finance with Similar Companies
Change Company | Change Company | Change Company | ||
|---|---|---|---|---|
Overall Rating | 3.9/5 based on 663 reviews | 4.7/5 based on 3k reviews | 4.1/5 based on 4.3k reviews | 3.7/5 based on 2.3k reviews |
Highly Rated for | Work-life balance | Work-life balance Company culture Skill development | Work-life balance Company culture Skill development | No highly rated category |
Critically Rated for | Promotions | No critically rated category | No critically rated category | Promotions |
Primary Work Policy | Work from office 88% employees reported | Work from office 91% employees reported | Work from office 69% employees reported | Work from office 91% employees reported |
Rating by Women Employees | 3.2 Average rated by 50 women | 4.5 Good rated by 162 women | 4.0 Good rated by 469 women | 3.4 Average rated by 312 women |
Rating by Men Employees | 3.9 Good rated by 599 men | 4.7 Excellent rated by 2.7k men | 4.1 Good rated by 3.3k men | 3.8 Good rated by 1.8k men |
Job security | 3.7 Good | 4.5 Good | 3.5 Good | 3.4 Average |
View more
IIFL Home Finance Salaries
IIFL Home Finance salaries have received with an average score of 3.7 out of 5 by 663 employees.
Senior Sales Officer
(194 salaries)
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₹2.2 L/yr - ₹4 L/yr
Relationship Manager
(87 salaries)
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₹3 L/yr - ₹5.7 L/yr
Credit Manager
(86 salaries)
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₹2.6 L/yr - ₹7 L/yr
Resident Manager
(82 salaries)
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₹3.3 L/yr - ₹7 L/yr
Sales Manager
(73 salaries)
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₹2.8 L/yr - ₹10 L/yr
Location Head
(73 salaries)
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₹6.6 L/yr - ₹18 L/yr
Independent Relationship Manager
(67 salaries)
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₹2.7 L/yr - ₹4.3 L/yr
Collections Manager
(66 salaries)
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₹2.6 L/yr - ₹7 L/yr
Branch Manager
(58 salaries)
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₹3.5 L/yr - ₹7.3 L/yr
Sales Officer
(54 salaries)
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₹2 L/yr - ₹3.5 L/yr
IIFL Home Finance Jobs
Popular Designations IIFL Home Finance Hires for
Professional
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Tele Caller
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Manager Internal Audit
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Senior Relationship Manager
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Business Head
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Popular Skills IIFL Home Finance Hires for
Current Openings
IIFL Home Finance News
How one home finance company cracked the training code for its sales
- In India’s tier-2 and tier-3 cities, IIFL Home Finance is revolutionizing sales training by embracing digital learning for its geographically dispersed sales force.
- IIFL introduced a mobile-first approach in 2016, utilizing a digital learning app and branch TV networks to create an omnipresent learning environment for its sales employees.
- The company's early adoption of digital learning proved advantageous during the pandemic, ensuring seamless knowledge acquisition for its sales force.
- To address sales force attrition, IIFL restructured its induction program with virtual classroom batches and integrated digital convenience with human touch.
- IIFL's leadership development strategy emphasizes experiential learning and practical skill development through a three-tiered system and real-world performance indicators.
- The company uses 'digital nudges' to reinforce key behavioral principles and provides holistic assessments based on performance indicators rather than traditional metrics.
- IIFL's 'GROW' initiative facilitates direct interactions between employees and leaders, fostering a collective learning experience and improving employee engagement and retention rates.
- With higher engagement scores and lower attrition rates, IIFL's investment in training has led to improved sales performance and internal promotion rates.
- The company's approach combines digital efficiency with human connection and has positioned them well in India's financial services landscape.
- IIFL's success highlights the importance of integrating technology and human-centric development in sales force training to navigate evolving industry challenges.
HRKatha | 12 Feb, 2025
IIFL Home Finance To Raise Up To Rs 500 Crore Via NCD Issue
- IIFL Home Finance plans to raise up to Rs 500 crore through the issuance of non-convertible debentures (NCD). The base issue size is Rs 100 crore, with a greenshoe option of Rs 400 crore.
- The NCDs are secured, rated "AA/stable," and will be listed on stock exchanges. The issue price is Rs 1,000 per NCD, and the minimum application size is 10 debentures.
- The objective of the fundraise is to support future growth in alignment with the government's "housing for all" initiative.
- IIFL Home Finance has reserved portions of the NCD issue for institutions, non-institutional corporates, high net worth individuals, and retail investors.
Bloomberg Quint | 6 Dec, 2024
IIFL Finance Subsidiary To Raise Up To Rs 500 Crore Via Non-Convertible Debentures
- IIFL Home Finance Ltd., a subsidiary of IIFL Finance Ltd., plans to raise up to Rs 500 crore through non-convertible debentures.
- The NCDs will have a face value of Rs 1,000 each.
- Earlier in October, IIFL Finance announced its plan to raise up to Rs 2,500 crore through debt instruments.
- The fundraise plan comes after the Reserve Bank of India lifted restrictions on IIFL Finance from lending against gold.
Bloomberg Quint | 28 Nov, 2024
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IIFL Home Finance Offices
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IIFL Home Finance FAQs
How many employees does IIFL Home Finance have in India?
IIFL Home Finance currently has more than 4,700+ employees in India. Sales & Business Development department appears to have the highest employee count in IIFL Home Finance based on the number of reviews submitted on AmbitionBox.
Does IIFL Home Finance have good work-life balance?
IIFL Home Finance has a Work-Life Balance Rating of 3.8 out of 5 based on 600+ employee reviews on AmbitionBox. 65% employees rated IIFL Home 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 IIFL Home Finance work-life balance reviews for more details
Is IIFL Home Finance good for career growth?
Career growth at IIFL Home Finance is rated as moderate, with a promotions and appraisal rating of 3.3. 35% employees rated IIFL Home 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 IIFL Home Finance promotions/appraisals reviews for more detailed insights.
What are the pros and cons of working in IIFL Home Finance?
Working at IIFL Home Finance comes with several advantages and disadvantages. It is highly rated for work life balance. However, it is poorly rated for promotions / appraisal, based on 600+ employee reviews on AmbitionBox.
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