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India Mortgage Guarantee Corporation
3.0
based on 61 Reviews
Company Overview
Company Locations
Working at India Mortgage Guarantee Corporation
Company Summary
India Mortgage Guarantee Corporation provides risk mitigation for lenders, facilitating affordable housing finance through mortgage guarantees in the Indian market.
Overall Rating
3.0/5
based on 61 reviews
21% below
industry average
Critically rated for
Promotions, Work satisfaction, Company culture
Work Policy
Monday to Friday
46% employees reported
Strict timing
54% employees reported
No travel
40% employees reported
Day shift
94% employees reported
View detailed work policy
Top Employees Benefits
Job/Soft skill training
5 employees reported
Health insurance
5 employees reported
Professional degree assistance
3 employees reported
Cafeteria
3 employees reported
View detailed benefits
About India Mortgage Guarantee Corporation
Founded in--
India Employee Count11-50
Global Employee Count51-200
HeadquartersNew Delhi
Office Locations
--
Websiteimgc.com
Primary Industry
Other Industries
--
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India Mortgage Guarantee Corporation is the first mortgage guarantee company in India, incorporated in 2012. It is regulated by the Reserve Bank of India (RBI) guidelines for mortgage guarantee companies. The company aims to facilitate early home ownership and make housing affordable by providing risk mitigation for lending institutions against credit defaults.
The mortgage guarantee program offers a first-loss credit default guarantee to protect against losses due to non-repayment by borrowers on home loans. This program enables lender institutions to expand their product offerings by utilizing risk mitigation as an effective tool, thereby enhancing market reach and customer satisfaction.
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India Mortgage Guarantee Corporation Ratings
based on 61 reviews
Overall Rating
3.0/5
How AmbitionBox ratings work?
5
20
4
9
3
9
2
8
1
15
Category Ratings
3.2
Salary
3.2
Skill development
2.9
Job security
2.9
Work-life balance
2.8
Company culture
2.8
Work satisfaction
2.7
Promotions
India Mortgage Guarantee Corporation is rated 3.0 out of 5 stars on AmbitionBox, based on 61 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.
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India Mortgage Guarantee Corporation Reviews
Top mentions in India Mortgage Guarantee Corporation Reviews
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Compare India Mortgage Guarantee Corporation with Similar Companies
Change Company | Change Company | Change Company | ||
|---|---|---|---|---|
Overall Rating | 3.0/5 based on 61 reviews | 4.0/5 based on 38.3k reviews | 3.9/5 based on 39.8k reviews | 2.7/5 based on 13 reviews |
Highly Rated for | No highly rated category | Job security Skill development Company culture | Job security Skill development | Salary |
Critically Rated for | Promotions Company culture Work satisfaction | No critically rated category | Promotions | Skill development Company culture Work satisfaction |
Primary Work Policy | - | Work from office 91% employees reported | Work from office 84% employees reported | - |
Rating by Women Employees | 2.7 Poor rated by 10 women | 3.9 Good rated by 10.1k women | 3.7 Good rated by 8.3k women | 4.9 Excellent rated by 2 women |
Rating by Men Employees | 3.2 Average rated by 49 men | 4.0 Good rated by 26.4k men | 3.9 Good rated by 29.5k men | 2.6 Poor rated by 10 men |
Job security | 2.9 Poor | 4.1 Good | 4.0 Good | 3.1 Average |
View more
India Mortgage Guarantee Corporation Salaries
India Mortgage Guarantee Corporation salaries have received with an average score of 3.2 out of 5 by 61 employees.
Lead Manager
(16 salaries)
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â‚ą5.8 L/yr - â‚ą19.7 L/yr
Territory Manager
(12 salaries)
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â‚ą6.9 L/yr - â‚ą8.5 L/yr
Operations Associate
(12 salaries)
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â‚ą2.2 L/yr - â‚ą4.2 L/yr
Territory Sales Manager
(9 salaries)
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â‚ą5 L/yr - â‚ą10.2 L/yr
Chief Manager
(8 salaries)
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â‚ą12 L/yr - â‚ą15.7 L/yr
Credit Manager
(7 salaries)
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â‚ą5.5 L/yr - â‚ą6.8 L/yr
Credit Analyst
(7 salaries)
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â‚ą2.5 L/yr - â‚ą5 L/yr
Associate Operations Manager
(7 salaries)
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â‚ą6.5 L/yr - â‚ą10 L/yr
Regional Sales Manager
(7 salaries)
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â‚ą9.4 L/yr - â‚ą17.5 L/yr
Area Sales Manager
(7 salaries)
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â‚ą10 L/yr - â‚ą13 L/yr
India Mortgage Guarantee Corporation Jobs
Popular Designations India Mortgage Guarantee Corporation Hires for
Popular Skills India Mortgage Guarantee Corporation Hires for
Current Openings
India Mortgage Guarantee Corporation Perks & Benefits
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India Mortgage Guarantee Corporation FAQs
Where is the India Mortgage Guarantee Corporation headquarters located?
India Mortgage Guarantee Corporation is headquartered in New Delhi.
How many employees does India Mortgage Guarantee Corporation have in India?
India Mortgage Guarantee Corporation currently has approximately 20+ employees in India.
Does India Mortgage Guarantee Corporation have good work-life balance?
India Mortgage Guarantee Corporation has a work-life balance rating of 2.9 out of 5 based on 60+ employee reviews on AmbitionBox. 52% employees rated India Mortgage Guarantee Corporation 3 or below for work-life balance. This rating reflects a negative sentiment among employees for work-life balance. We encourage you to read India Mortgage Guarantee Corporation work-life balance reviews for more details
Is India Mortgage Guarantee Corporation good for career growth?
Career growth at India Mortgage Guarantee Corporation is rated as poor, with a promotions and appraisal rating of 2.7. 52% employees rated India Mortgage Guarantee Corporation 3 or below on promotions/appraisal. This rating reflects a negative sentiment among employees for career growth. We recommend reading India Mortgage Guarantee Corporation promotions/appraisals reviews for more detailed insights.
What are the cons of working in India Mortgage Guarantee Corporation?
Working at India Mortgage Guarantee Corporation does have some drawbacks that potential employees should consider. The company is poorly rated for promotions / appraisal, work satisfaction and company culture, based on 60+ employee reviews on AmbitionBox.
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