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Engaged Employer
IIFL Finance
4.0
based on 5.1k 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 5.1k reviews
On-Par
with industry average
Highly rated for
Work-life balance, Skill development, Company culture
Work Policy
Work from office
88% employees reported
Monday to Saturday
78% employees reported
Strict timing
59% employees reported
Within city
46% 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 (30 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 5.1k reviews
Overall Rating
4.0/5
How AmbitionBox ratings work?
5
2.4k
4
1.2k
3
629
2
247
1
646
Category Ratings
3.9
Work-life balance
3.9
Skill development
3.8
Company culture
3.8
Job security
3.8
Salary
3.8
Work satisfaction
3.6
Promotions
IIFL Finance is rated 4.0 out of 5 stars on AmbitionBox, based on 5.1k 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 4.8k reviews
3.9
Rated by 1.1k Women
Rated 3.8 for Job security and 3.7 for Work-life balance
4.0
Rated by 3.7k Men
Rated 3.9 for Work-life balance and 3.9 for Salary
Work Policy at IIFL Finance
based on 448 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 5.1k reviews | 3.6/5 based on 1.3k reviews | 3.6/5 based on 1.5k reviews | 3.9/5 based on 1.9k reviews |
Highly Rated for | Skill development Work-life balance Salary | No highly rated category | No highly rated category | Job security Skill development |
Critically Rated for | No critically rated category | Promotions Work satisfaction Company culture | Promotions Skill development Salary | No critically rated category |
Primary Work Policy | Work from office 88% employees reported | Work from office 83% employees reported | Work from office 87% employees reported | Work from office 93% employees reported |
Rating by Women Employees | 3.9 Good rated by 1.1k women | 3.6 Good rated by 338 women | 3.7 Good rated by 349 women | 3.8 Good rated by 385 women |
Rating by Men Employees | 4.0 Good rated by 3.7k men | 3.6 Good rated by 883 men | 3.6 Good rated by 1.1k men | 4.0 Good rated by 1.4k men |
Job security | 3.8 Good | 3.6 Good | 3.7 Good | 3.9 Good |
View more
IIFL Finance Salaries
3.8
rated by 5.1k employees for salariesBranch Manager
(1.1k salaries)
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₹2.2 L/yr - ₹8 L/yr
Gold Appraiser
(780 salaries)
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₹1.8 L/yr - ₹4.7 L/yr
Customer Care Executive
(559 salaries)
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₹0.9 L/yr - ₹4 L/yr
Senior Officer
(442 salaries)
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₹2 L/yr - ₹4.5 L/yr
Relationship Manager
(440 salaries)
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₹1.2 L/yr - ₹6 L/yr
Sales Manager
(230 salaries)
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₹1 L/yr - ₹9 L/yr
Gold Loan Officer
(228 salaries)
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₹1.5 L/yr - ₹4.2 L/yr
Loan Manager
(188 salaries)
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₹2.1 L/yr - ₹5.5 L/yr
Senior Sales Officer
(181 salaries)
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₹2 L/yr - ₹3.8 L/yr
Credit Manager
(167 salaries)
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₹2 L/yr - ₹8.5 L/yr
IIFL Finance Interview Questions
Interview questions by designation
Top IIFL Finance interview questions and answers
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IIFL Finance Jobs
IIFL Finance News
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IIFL Fintech Fund Secures Rs 200 Cr second fund
- IIFL Fintech Fund has secured Rs 200 crore in its second fund from local family offices and high-net-worth individuals.
- The fund will focus on investing in Indian fintech startups, particularly those working in the generative AI sector.
- Since its establishment in 2021, IIFL Fintech Fund has supported 14 startups and experienced a 22.5x revenue growth in the past three years.
- Recently, the fund led a Rs 80 crore Series B funding round in GrayQuest, a fintech startup focused on education.
VIE Stories | 24 Jan, 2025
IIFL Fintech Fund closes Rs 200 crore second fund
- IIFL Fintech Fund has closed a second fund, raising Rs 200 crore from domestic family offices and high net worth individuals (HNIs).
- The fund will focus on investments in Indian fintech startups, particularly those working in the generative artificial intelligence (GenAI) sector.
- The portfolio of IIFL Fintech Fund has delivered a 22.5 times revenue growth over the last three years, with 40% of portfolio companies turning Ebitda positive.
- In recent months, the fund has led funding rounds in GrayQuest and acquired a stake in Vitra.AI.
Economic Times | 23 Jan, 2025
IIFL Fintech Fund raises Rs 200 Cr through second fund
- IIFL Fintech Fund has raised Rs 200 crore through its second fund, IIFL Fintech Fund Series - II.
- The fund aims to invest in next-generation fintech firms, particularly in the generative AI space.
- Top family offices, ultra high networth individuals, and high networth individuals participated in the fund.
- The portfolio of the fund has delivered a 22.5x revenue growth in the last three years.
Yourstory | 23 Jan, 2025
IIFL Fintech Fund Marks Final Close Of Second Fund At INR 200 Cr
- IIFL Fintech Fund has closed its second fund at INR 200 Cr.
- The fund focuses on investing in GenAI-focused fintech startups.
- It has raised capital from HNIs, ultra HNIs, and family offices.
- The portfolio companies have delivered significant revenue growth.
Inc42 | 23 Jan, 2025
Fitch Assigns 'B+' Rating To IIFL Finance's $1 Billion Global Medium-Term Notes
- Fitch Ratings assigns 'B+' rating to IIFL Finance's $1 billion global medium-term notes.
- IIFL Finance updated and converted its existing secured medium-term note program to a global medium-term note program.
- The proposed notes will be listed on the India International Exchange.
- Net proceeds will be used for on-lending and to support the company's growth.
Bloomberg Quint | 3 Jan, 2025
RBI Financial Stability Report: Monetary Fines Fall By 47% On Year During June To November
- Monetary fines imposed by the RBI on regulated entities from June to November have fallen by 47% compared to the same period last year, according to the Financial Stability Report for December 2024.
- The RBI imposed fines on 153 entities, including public and private sector banks, foreign banks, cooperative banks, and NBFCs, for non-compliance during the June-November period.
- In the same period last year, the RBI had imposed fines on 146 regulated entities, including state-owned and private sector banks, foreign banks, and regional rural banks.
- The RBI has recently taken strict regulatory actions against several financial institutions, including restricting Paytm Payments Bank, Kotak Mahindra Bank, IIFL Finance, JM Financial Products, ECL Finance, and Edelweiss Asset Reconstruction Company.
Bloomberg Quint | 30 Dec, 2024
IIFL Finance To Consider Fundraise Via Debt Instruments On Dec. 23
- IIFL Finance Ltd. will consider raising funds on Dec. 23, in a meeting of the finance committee of the board of directors.
- The company will consider and approve the issuance of secured debt instruments in the form of US Dollar and other foreign currency denominated notes.
- The company will also approve the conversion of the existing medium term note programme to a global medium term note programme.
- IIFL Finance had previously announced plans to raise up to Rs 2,500 crore through public issue of non-convertible debentures.
Bloomberg Quint | 18 Dec, 2024
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
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IIFL Finance FAQs
When was IIFL Finance founded?
IIFL Finance was founded in 1995. The company has been operating for 30 years primarily in the NBFC sector.
Where is the IIFL Finance headquarters located?
IIFL Finance is headquartered in Mumbai, Maharashtra. It operates in 2 cities such as Mumbai, Thane. To explore all the office locations, visit IIFL Finance locations.
How many employees does IIFL Finance have in India?
IIFL Finance currently has more than 14,000+ employees in India. BFSI, Investments & Trading department appears to have the highest employee count in IIFL Finance based on the number of reviews submitted on AmbitionBox.
Does IIFL Finance have good work-life balance?
IIFL Finance has a Work-Life Balance Rating of 3.9 out of 5 based on 5,100+ employee reviews on AmbitionBox. 70% employees rated IIFL Finance 4 or above, while 30% 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 Finance work-life balance reviews for more details
Is IIFL Finance good for career growth?
Career growth at IIFL Finance is rated fairly well, with a promotions and appraisal rating of 3.6. 70% employees rated IIFL Finance 4 or above, while 30% employees rated it 3 or below on promotions/appraisal. Though the sentiment is mixed for career growth, majority employees have rated it positively. We recommend reading IIFL Finance promotions/appraisals reviews for more detailed insights.
What are the pros of working in IIFL Finance?
Working at IIFL Finance offers several advantages that make it an appealing place for employees. The company is highly rated for skill development, work life balance and company culture, based on 5,100+ employee reviews on AmbitionBox.
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