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Magma Housing Finance

Q: When was Magma Housing Finance founded?

Magma Housing Finance was founded in 1989. The company has been operating for 35 years primarily in the Financial Services sector .

Q: Where is the Magma Housing Finance headquarters located?

Magma Housing Finance is headquartered in Kolkata, West Bengal.

Q: How many employees does Magma Housing Finance have in India?

Magma Housing Finance currently has more than 9,500+ employees in India. BFSI, Investments & Trading department appears to have the highest employee count in Magma Housing Finance based on the number of reviews submitted on AmbitionBox.

Q: Does Magma Housing Finance have good work-life balance?

Magma Housing Finance has a Work-Life Balance Rating of 3.9 out of 5 based on 100+ employee reviews on AmbitionBox. 80% employees rated Magma Housing Finance 4 or above, while 20% 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 Magma Housing Finance work-life balance reviews for more details

Q: Is Magma Housing Finance good for career growth?

Career growth at Magma Housing Finance is rated fairly well, with a promotions and appraisal rating of 3.8. 80% employees rated Magma Housing Finance 4 or above, while 20% 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 Magma Housing Finance reviews for more detailed insights.

Q: What are the pros of working in Magma Housing Finance?

Working at Magma Housing Finance offers several advantages that make it an appealing place for employees. The company is highly rated for skill development , job security and work satisfaction, based on 100+ employee reviews on AmbitionBox.

4.4

based on 150 Reviews

Jobs

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Company Overview

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Working at Magma Housing Finance

Company Summary

Overall Rating

4.4/5

based on 150 reviews

86% above

industry average

Highly rated for

Skill Development, Job Security, Work Satisfaction

Key Factors to Consider

3.8

Salary & Benefits

4.1

Job Security

3.9

Work-Life Balance

View all category ratings

Work Policy

Monday to Saturday

53% employees reported

Flexible timing

61% employees reported

Within city

63% employees reported

Day shift

98% employees reported

View detailed work policy

Top Employees Benefits

Health insurance

8 employees reported

Job/Soft skill training

5 employees reported

Cafeteria

3 employees reported

Professional degree assistance

2 employees reported

View all benefits

About Magma Housing Finance

Founded in1989 (35 yrs old)

India Employee Count5k-10k

Global Employee Count5k-10k

India HeadquartersKolkata, West Bengal, India

Office Locations

Websitemagmahfc.co.in

Primary Industry

Financial Services

Other Industries

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Since the commencement of the legacy in 1989, Magma has been driven by one single goal, investing in the smallest dream. We understand your dream and aim to be a stepping stone in realizing it, by providing home loans to help you create your very own dream home!A home loan every minute means a million lives touched every year. Today, we manage assets worth over Rs. 160 billion, yet for us this is just a humble beginning.Over 60% of the Indian population resides in rural areas. Our goal is to reach the household of every Indian at the grassroot level and turn it into a dream home. Consequently, more than 80% of our 270+ branches are located in semi-urban and rural India. Our 6900+ dedicated Magmaites promise unmatched support and guidance in procuring a home loan. This, along with an experience of over 25 years, has enabled us to serve the large masses that remain impervious to the traditional financial systems.

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