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Engaged Employer
IIFL Finance
4.0
based on 5k Reviews
Company Overview
Company Locations
Working at IIFL Finance
Company Summary
India's leading retail non-banking financial company, engaged in gold loans, business loans, personal loans & financial advisory services with over 85 lac customers and operates in 4000 locations.
Overall Rating
4.0/5
based on 5k reviews
10% above
industry average
Highly rated for
Work-Life Balance, Skill Development, Salary & Benefits
Work Policy
Work from office
88% employees reported
Monday to Saturday
78% employees reported
Strict timing
59% employees reported
Within city
47% employees reported
View detailed work policy
Top Employees Benefits
Job/Soft skill training
274 employees reported
Health insurance
215 employees reported
Office cab/shuttle
73 employees reported
Cafeteria
61 employees reported
View all benefits
About IIFL Finance
Founded in1995 (29 yrs old)
India Employee Count10k-50k
Global Employee Count10k-50k
India HeadquartersMumbai, Maharashtra, India
Websiteiifl.com
Primary Industry
Other Industries
IIFL Finance Limited (NSE: IIFL, BSE: 532636) is one of the leading players in the financial services space in India. Together with its subsidiaries – IIFL Home Finance Limited, IIFL Samasta Finance Limited (Formerly known as Samasta Microfinance Limited) and IIFL Open Fintech Private Limited, it provides a diverse range of loans and mortgages.
These include home loans, gold loans, business loans including loans against property and medium & small enterprise financing, micro finance, developer & construction finance and capital market finance; catering to both retail and corporate clients.
The company has a nationwide presence with a thriving network of 4000+ branches across 500+ cities.
These include home loans, gold loans, business loans including loans against property and medium & small enterprise financing, micro finance, developer & construction finance and capital market finance; catering to both retail and corporate clients.
The company has a nationwide presence with a thriving network of 4000+ branches across 500+ cities.
Mission: From an entrepreneurial start-up in 1995, we have steadily grown to emerge as one of India’s leading financial services group. Ever since our inception, our strategy has been to align our capabilities and market insights to the country’s rapidly changing business environment. Our growth trajectory has only served to reinforce our focus on our domain of financial services.
Vision: To be the most respected financial services company in India.
- Not necessarily the largest or most profitable
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IIFL Finance Ratings
based on 5k reviews
Overall Rating
4.0/5
How AmbitionBox ratings work?
5
2.3k
4
1.2k
3
623
2
247
1
635
Category Ratings
3.9
Work-Life Balance
3.9
Skill Development
3.8
Salary & Benefits
3.8
Company Culture
3.8
Job Security
3.8
Work Satisfaction
3.6
Promotions/Appraisal
IIFL Finance is rated 4.0 out of 5 stars on AmbitionBox, based on 5k company reviews. This rating reflects a generally positive employee experience, indicating 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 Finance
based on 4.7k reviews
3.9
Rated by 1.1k Women
Rated 3.8 for Job Security and 3.8 for Work-Life Balance
4.0
Rated by 3.7k Men
Rated 3.9 for Work-Life Balance and 3.9 for Skill Development
Work Policy at IIFL Finance
based on 428 reviews in last 6 months
Work from office
88%
Hybrid
7%
Permanent work from home
5%
IIFL Finance Reviews
Top mentions in IIFL Finance Reviews
+ 5 more
Compare IIFL Finance with Similar Companies
Change Company | Change Company | Change Company | ||
|---|---|---|---|---|
Overall Rating | 4.0/5 based on 5k reviews | 3.7/5 based on 1.3k reviews | 3.7/5 based on 1.5k reviews | 3.9/5 based on 1.8k reviews |
Highly Rated for | Work-Life balance Skill development Salary & Benefits | No highly rated category | No highly rated category | Job Security Skill development |
Critically Rated for | No critically rated category | Promotion/Appraisals Work Satisfaction Company culture | Promotion/Appraisals Skill development Work Satisfaction | Promotion/Appraisals |
Primary Work Policy | Work from office 88% employees reported | Work from office 84% employees reported | Work from office 91% employees reported | Work from office 95% employees reported |
Rating by Women Employees | 3.9 Good rated by 1.1k women | 3.6 Good rated by 334 women | 3.8 Good rated by 340 women | 3.8 Good rated by 377 women |
Rating by Men Employees | 4.0 Good rated by 3.7k men | 3.7 Good rated by 859 men | 3.6 Good rated by 1.1k men | 3.9 Good rated by 1.4k men |
Job Security | 3.8 Good | 3.7 Good | 3.7 Good | 3.9 Good |
View more
IIFL Finance Salaries
3.8
rated by 5k employees for salariesBranch Manager
(1.1k salaries)
Unlock
₹2.2 L/yr - ₹8 L/yr
Gold Appraiser
(818 salaries)
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₹1.8 L/yr - ₹5 L/yr
Customer Care Executive
(623 salaries)
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₹1.1 L/yr - ₹4 L/yr
Relationship Manager
(465 salaries)
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₹1.2 L/yr - ₹6.2 L/yr
Senior Officer
(443 salaries)
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₹1.8 L/yr - ₹5 L/yr
Gold Loan Officer
(245 salaries)
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₹1.5 L/yr - ₹4.5 L/yr
Territory Manager
(239 salaries)
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₹4.2 L/yr - ₹13 L/yr
Sales Manager
(230 salaries)
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₹1.8 L/yr - ₹9 L/yr
Deputy Manager
(212 salaries)
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₹2.3 L/yr - ₹10.1 L/yr
Senior Sales Officer
(196 salaries)
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₹2 L/yr - ₹3.8 L/yr
IIFL Finance Interview Questions
Interview questions by designation
Top interview questions and answers
Get interview-ready with top interview questions
Interview Process at IIFL Finance
based on 43 interviews in last 1 year
Interview Experience
3.9
Good
Difficulty level
Easy
53%
Moderate
43%
Hard
4%
People are getting interviews through
based on 172 IIFL Finance interviews
Job Portal
33%
Walkin
22%
Referral
20%
Campus Placement
5%
*20% candidates got the interview through other sources
High confidence
IIFL Finance Jobs
IIFL Finance News
ACRE apologises to IIFL Finance directors
- The dispute between IIFL Finance and ACRE arose over payment of fees.
- IIFL Finance issued postdated cheques for trustee fees to ACRE, but stopped payments in compliance with RBI circular.
- ACRE disputed the RBI regulation and continued demanding payment, leading to disagreements.
- ACRE apologized for breaching its undertaking and offered an 'unqualified and unconditional apology.' Legal action against ACRE is being considered.
HinduBusinessLine | 10 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
What prompted RBI’s warning against errant gold lending practises?
- The RBI has warned against errant gold lending practices after observing a rapid rise in gold loan portfolios of banks and NBFCs.
- South-based banks like Federal Bank and South Indian Bank have witnessed significant growth in their gold loan portfolios.
- The RBI has also taken action against NBFCs, including IIFL Finance and Capri Global Capital, for irregular practices in gold lending.
- The central bank's notification highlighted several irregular practices adopted by lenders, such as improper gold valuation and use of internal accounts for loan disbursement and repayment.
HinduBusinessLine | 25 Nov, 2024
IIFL Finance grows its gold loan portfolio by ₹2,000 cr about a month after RBI lifted lending ban
- IIFL Finance's gold loan portfolio grows by ₹2,000 crore in about a month after RBI lifted lending ban.
- RBI had imposed the ban due to concerns about deviations in gold purity certification and loan-to-value ratio breaches.
- IIFL Finance has strengthened compliance and assurance functions to satisfy RBI.
- The company expects gold loan portfolio to be back to pre-embargo levels by Q4FY25-end.
HinduBusinessLine | 1 Nov, 2024
IIFL Finance To Raise Up To Rs 2,500 Crore Via Debt
- IIFL Finance plans to raise up to Rs 2,500 crore through debt instruments.
- The fundraise plan follows the lifting of restrictions that barred the company from lending against gold.
- The non-bank lender aims to diversify its assets and reduce dependence on gold loan business.
- For the quarter ended September 2024, IIFL Finance reported a net loss after tax of Rs 93 crore.
Bloomberg Quint | 31 Oct, 2024
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IIFL Finance FAQs
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